Rates Improve, Fed Cuts Likely, Conforming Low Income Program Updates
Both Fannie & Freddie have announced updates to their low income/down payment programs that give discounts on note rate and mortgage insurance rates (these programs allow: 3% down, boarder income, ADU income, & low down payment on owner occupied 2-4 units). The updates make it more challenging to qualify. Instead of allowing 100% of Area […]
Flexible Work Spaces, Rates Improve, Lousy Jobs Report
WeWork – doubled in size and 2017 & again in 2018 and is the largest private sector Real Estate occupier in NY, DC, London, & soon to be SF. They are going public this year to keep up with the projected $4 billion in annual lease spending. This NPR article breaks down the numbers and […]