GREENWAY BLOG

4 October 2022

Fall Home Maintenance Checklist

  It would be amazing if all you needed to prep your home for fall was hang a wreath and light a bunch of pumpkin spice candles. While yes, those  are  a part of getting ready for the change of seasons, there are more important preparations that come with being a homeowner.  With that said, fall is the perfect season to tackle general home maintenance projects because the weather is generally dry and temperatures are moderate. Before you start your seasonal home maintenance checklist , examine both the interior and exterior of your home. Most of these home maintenance items can be accomplished without the help of a professional, but...

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30 September 2022

MarketMinute | New Home Sales Surprised In August

Orders for capital goods increased in August, suggesting businesses remained keen to invest in equipment despite higher interest rates. Consumer confidence rose for a second straight month in September, supported by a resilient labor market and falling gasoline prices. The 10-year Treasury yield topped 4% this week for the first time in more than a decade, signaling that rates may not have peaked yet. Home prices in July were still higher than they were a year ago but cooled significantly from June...

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27 September 2022

Conforming Loan Limits Increase to $715,000

  At Greenway Mortgage, we’re passionate about opening doors for home buyers. Recording-breaking home price appreciation in 2021 and 2022 has resulted in an increase in conforming loan limits. To reflect changing home prices and to increase home buying power, we’ve increased our Conventional Mortgage loan limits to $715,000 which will give buyers more wiggle room to qualify! Loan Limits Just Got Higher Previously, conforming loans were available up to 647,200. With recent changes, that limit has increased to $715,000! 1 Unit: $715,000 2 Units: $916,000 3 Units: $1,107,000 4 Units: $1,376,000 What can this...

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26 September 2022

Why Should I Get Pre-Approved for a Mortgage Loan?

  It's always been a good idea, but lately, it's become even more important to get pre-approved before you start your home search.  Why should I be pre-approved for a mortgage loan? In recent years, mortgage guidelines have been tightened. Documentation requirements have been expanded and followed more closely. A pre-approval gets you through the process and uncovers potential pitfalls long before you become obligated by a contract to purchase. What advantages will I have once pre-approved? You'll be certain about the price range that's best for you. You'll know how much cash you'll need to close, and you'll know...

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12 September 2022

Marry the House. Date The Rate.

  It’s no secret over the past couple years the housing marketing has been red hot. With the Fed constantly raising rates, may prospective homebuyers worry whether their window to purchase a home has sailed. “Is it still a good time to buy a house?” The team at Greenway Mortgage says, “Yes!” Of course, the right time to buy is when you’re ready. But, for many home buyers, interest rates are a top concern. What many don’t realize is that interest rates are always in flux and there’s no real way to predict their path. Trying to catch the perfect rate shouldn’t deter you if you find the perfect house. Marry The...

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