Fannie Mae Home Ready Median Income Increases: Unlocking Homeownership in West Chester, PA
Owning a home is a dream shared by many individuals and families. However, one of the major hurdles in achieving this dream is meeting the strict eligibility criteria for mortgage loans. In a bid to make homeownership more accessible, Fannie Mae, one of the leading government-sponsored enterprises, recently introduced new guidelines for their Home Ready…
Read MoreFreddie Mac Home Possible unlocking West Chester, PA Home Ownership!
Are you dreaming of homeownership in the beautiful town of West Chester, PA? Look no further than Freddie Mac’s Home Possible mortgage. This innovative program is designed to make homeownership more accessible, especially for first-time buyers and low- to moderate-income individuals. In this article, we’ll delve into the ins and outs of the Home Possible…
Read MoreThe Impact of Inflation on Mortgage Rates
If you’re reading headlines about inflation or mortgage rates, you may see something about the recent decision from the Federal Reserve (the Fed). But what does it mean for you, the housing market, and your plans to buy a home? Here’s what you need to know. Inflation and the Housing Market While the Feds working hard to lower inflation, the…
Read MoreHow Changing Mortgage Rates Can Affect You
The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year. If you’ve been on the fence about whether to buy a home or not, its helpful to know exactly how a 1%, or even a 0.5%, mortgage rate shift affects your purchasing power. The chart below helps show the general relationship…
Read MoreTop 5 Reasons to Choose a Mortgage Broker
If you’re looking to buy a home in West Chester, PA, you may be wondering what your options are for obtaining a mortgage. There are many factors to consider when choosing a mortgage, from interest rates to loan terms to the type of loan that’s best for you. That’s where CM Mortgage Services, Inc. a…
Read More5 Little Known Secrets to Building Good Credit
Having a good credit score is essential for financial success. But building and maintaining a good credit score can be difficult to understand for many people. Fortunately, there are some secrets to making the process easier. In this blog, we will take a look at 5 examples of building good credit, so you can start…
Read MoreFHA Monthly Mortgage Insurance Lowered
Monthly Mortgage Insurance Lowered! Are you in the market for a new home and considering an FHA loan? If so, you’ll be happy to know that the Federal Housing Administration (FHA) has announced a reduction in the monthly mortgage insurance premium (MIP) for FHA loans. In this blog post, we’ll discuss what you need to…
Read MoreIs Now the Time to Buy A Home?
This question is one of the most common questions we see from consumers, investors, real estate agents, and many others with interest in the real estate market. The answer is ‘yes’. But it also depends on your specific situation, what’s important to you, and where you are financially. The reason the question “is it a…
Read MoreMortgage Refinance Rates At All Time LOW!
You may currently be paying too much for your monthly mortgage payment. Now is the time to consider a mortgage refinance as rates are at historic lows! If you currently have a mortgage let us provide you with a FREE no-obligation mortgage refinance quote today! Give us a call 610-430-6852 or click here.
Read MoreWelcome
Welcome to CM Mortgage Services Inc.! Please check back for future articles and information.
Read More
