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Mortgage and Lending - CMG Home Loans - NMLS 248937
Mortgages are available in all shapes and sizes, no money and low down payment plans are still available, and dont forget to get qualified prior to shopping to be sure you are looking in the right price range.
RECENT BLOG POSTS
 I always have a post closing conversation with my borrowers about what to expect after closing and a big piece of that is being cautious about mail you receive after closing.Your Deed and your Mortgage are public records that are recorded in the courthouse.  You can tell when the deed and mortga...
11/16/2021
 I am sure it’s no surprise to you, nationally housing prices are fast approaching a 20% increase (year over year) with some markets up over 30%. We continue to hear clients (and a few agents) voice concern about the run up in pricing and think they should wait for prices to drop before they will...
11/12/2021
 Let's face it, we have become complacent with today's LOW rates.  In reality interest rates have been climbing slightly this year and most likely will continue to do so.The wildcard is of course COVID.  This has causes some artificial and unpredictable moves in the credit markets.  In reality- a...
10/20/2021
Home Price Appreciation Hits Another Record HighThe Case-Shiller Home Price Index, considered the “gold standard” for appreciation, showed home prices rose 1.6% in July and 20% year over year. This annual reading set another record high, beating June’s 18.6% record.The Federal Housing Finance Age...
10/05/2021
 MORE GOOD NEWS FOR OUR BUYERSOn January 14, 2021, the Federal Housing Finance Agency (i.e., Fannie and Freddie’s regulator) announced several new restrictions on loans that could be purchased by Fannie and Freddie.  These restrictions severely limited the GSE’s purchases of 2nd home and investme...
09/16/2021
If you are reading this you know I am a mortgage guy with a few days experience in the industry... so I'll admit I am Pro Mortgage (after all, I have to eat too!)   This blog is coming from my own personal experience buying a home myself this year, and watching my clients buy and sell not just th...
08/18/2021
Federal Housing Financing Agency Eliminates Adverse Market Charge for RefisThe FHFA oversees Fannie and Freddie and has made some very unpopular moves the past year that increased the costs of a lot of mortgages for home buyers and home owners.  Thankfully they eliminated this charge.This is a VE...
07/16/2021
 In a previous post I discussed the effects on Second homes and Investment property. The Preferred Stock Purchase Agreement (PSPA), recently executed and effective immediately, impacted the percentage of second homes and investment properties the GSE’s  (FNMA and FHLMC) are permitted to purchase ...
04/22/2021
There has been entirely too much talk of a housing bubble. This is an entirely different market than we ever had before, I lived through the previous 2 bubble pops and the data just is not hinting at a pop at all and here is why: Check out this video: http://homebridgevideo.homebridge.com/watch/K...
04/16/2021
Here is an update to my previous post Via my own talking head.  Check out this video: http://homebridgevideo.homebridge.com/watch/rqERamWxztKT5TYGSpqvJX?  in case the above link doesn't work:  http://homebridgevideo.homebridge.com/watch/rqERamWxztKT5TYGSpqvJX?    Call me for all your residential ...
04/07/2021
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Robert Rauf

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The mortgage market is ever changing, do not be afraid to ask what is new!