Are rates jumping for second home and investment mortgages?

By in Beach Living

Per Mortgage News Daily mortgages on second homes and investment properties are about to become more expensive: FHFA (Fannie Mae’s and Freddie Mac’s conservator) announced March 10 that they are limiting new loans secured by second homes or investment properties to 7% of the overall loans they purchase (roughly HALF their historic levels!), effective April […]

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Your Own Beach 90 mins from NOVA?

By in Articles

While this summer has seen the regular stampede of people seeking out the beaches of Delaware, Maryland, Virginia and Outer Banks, the COVID epidemic has changed the landscape quite a bit. The inability to go on a regular vacation, working from home and remote learning for school all changed peoples priorities and presented new opportunities […]

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