Are you thinking about purchasing a second home on the lake in 2022? There is an important fact to consider… The Federal Housing Finance Agency introduced new upfront fees for some high-balance and second-home loans sold to Fannie Mae and Freddie Mac. Upfront fees for high balance loans will increase between 0.25% and 0.75%, tiered […]
buying vacation home
5 Things to Know Before Buying a Winter Vacation Home
If home ownership is the first cornerstone of the American Dream, then a quiet cabin by the lake (if not a beach house with a view of a breathtaking sunset) in the mountains as far away from a Wi-Fi hot spot as possible probably runs a close second. By Daniel Goldstein, Marketwatch.com. Indeed, overly-wired and […]