Freddie Mac Expands Asset Depletion Mortgage Guidelines
Have plenty of money in savings or investments, but not enough traditional monthly income to qualify for the mortgage you want? A major update from Freddie Mac could make that easier. Freddie Mac has expanded its asset depletion mortgage guidelines, allowing more borrowers to use accumulated assets as qualifying income when purchasing or refinancing a […]
Buying a Home in Utah With 1% Down
Buying a home in Utah with 1% down may sound too good to be true. For many buyers, the biggest challenge is not the monthly mortgage payment. It is the upfront cash needed for the down payment. That is why the 1% down program can be such a helpful option for qualified Utah homebuyers. If […]
VantageScore Mortgage Update
For years, mortgage lenders have mostly used FICO scores when reviewing a buyer’s credit. But that is starting to change with the new VantageScore mortgage updates. Fannie Mae, Freddie Mac, and FHA have all started moving toward allowing VantageScores in mortgage underwriting. That may sound like a small technical change, but for some buyers, it […]
UWM VantageScore Update: What FICO and VantageScore Mean for Homebuyers
UWM VantageScore changes are giving mortgage brokers another way to help qualified buyers get approved for a home loan. United Wholesale Mortgage recently announced that brokers working with UWM now have access to both FICO® and VantageScore® for conventional loans. That may sound like a small credit update, but it could make a real difference […]
Utah Spring Housing Market: What First-Time Buyers Should Know
The Utah spring housing market brings more listings, more buyers, and more competition. For first-time buyers, spring can feel exciting and overwhelming at the same time. The good news? A little preparation now can make a huge difference once the market heats up. Below are practical first-time home buyer Utah tips to help you walk […]
What Today’s Housing Market Is Teaching Buyers
If the past year has felt confusing for buyers, that’s not your imagination. Today’s housing market has been unpredictable, emotional, and often at odds with the headlines. Rates moved. Inventory shifted. Advice contradicted itself. And a lot of people were left wondering whether to act or wait. But uncertainty isn’t useless. In fact, for thoughtful […]
How Utah Investors Are Using the Big Beautiful Bill to Accelerate Their Portfolio Growth
If you’re a Utah investor, the phrase “Big Beautiful Bill” probably popped up in your feed and made you wonder what the buzz is about. Here’s the short version: it just gave real estate investors a huge green light to grow faster — and smarter — in 2025. What the Big Beautiful Bill Means for […]
100% Bonus Depreciation is Back — Thanks to the New One Big Beautiful Bill
If you’ve ever looked at your tax bill and thought, “I could’ve bought a house with that money,” — well… you actually could. Utah Investors One Big Beautiful Bill officially brought cost segregation back. And this is one of the biggest wins Utah investors have seen in years. What Changed With Utah Investors One Big […]
Fed Rate Cut: What It Means for Utah Homebuyers and Mortgage Rates
If you’ve been watching the headlines, you’ve probably seen it: the Fed rate cut has everyone talking about what it means for homebuyers and mortgage rates. The Federal Reserve recently reduced its benchmark interest rate by 0.25%, signaling that economic cooling is officially underway — and Utah homeowners are feeling it. 1. What’s Going On […]
High 6% Interest Rates: Why Buyers Are Considering Refinancing
Remember when refinancing wasn’t even on the table? When interest rates jumped into the 7s and everyone just decided to tough it out? Well, here’s the good news — that’s changing. As of this week, we’re quoting 30-year conventional loans around 6.19% (6.32% APR), and that little shift is opening doors for a lot of […]