Happy Holidays

Tis the festive season to be thankful for friends and families and good health. May your holidays be as bright as your hopes and best wishes to all.

FHA Improvements Ahead

FHA loans which currently require a 3% downpayment may soon require a 1.5% downpayment. In addition the loan limits may also increase in Wisconsin and elsewhere. A bill passed the Senate today 93-1. The bill won't go the president to sign until next year. Currently, about 4% of loans are FHA, according to the report. Higher loan limits and lower downpayments will allow many borrowers to have a better loan than a subprime alternative. To learn more about FHA mortgages call 414-416-9194

Homes Are A Great Investment

Home prices nationally have increased more than 80% since 2000, according to the National Association of Home Builders. A lot of focus lately has been on annual growth or annual decrease in value in certain local markets. One needs to look at long term tends rather than annual trends when talking about home values.