Did you know?

Utah Housing has made some changes to our Loan Programs; these changes will become effective with Mortgage Purchase Agreements (interest rate locks) issued on or after February 11, 2019.  https://utahhousingcorp.org/

 

HomeAgain: May include an owner occupied One-to-Two Unit Dwelling, such as a Duplex, mother in law apartment or Accessory Dwelling Unit (ADU) as defined by FHA. Follow FHA requirements when including any rental income to qualify.  Rental income used to qualify the Borrower must be included in UHC qualifying income limits.
HomeAgain: Non-Occupant Co-Borrowers are allowed.  The Non-Occupant Co-Borrower debt ratio cannot exceed 45%
FirstHome: The Non-Occupant Co-Signer’s debt ratio has  increased from 41% to 45%
Insurance: Addition of UHC Insurance requirements as currently listed in our Selling Supplement.

 

https://utahhousingcorp.org/

Happy St. Patrick’s Day

Happy St. Patrick’s Day

St Patrick's Day is the day we all turn a bit Irish. 13 million pints of Guinness are consumed worldwide on St. Patrick's Day. Green is now the traditional color of St. Patrick's Day.

Fed Holds Rates Steady at 4.24%-4.5%

Fed Holds Rates Steady at 4.24%-4.5%

The Federal Reserve held key interest rates at 4.25%-4.5% despite Trump’s calls for immediate cuts.Inflation remains at 2.9%, with steady job growth and strong consumer spending supporting the economy.The Fed’s next policy meeting is scheduled for March 18-19, 2025.

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Utah Realty™
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Happy St. Patrick’s Day
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Fed Holds Rates Steady at 4.24%-4.5%
First-Time Homebuyer: Do You Qualify?
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