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/
It’s Time To Prepare Your House for a Spring Listing
It’s Time To Prepare Your House for a Spring Listing If you're thinking of selling your house this spring, now is the perfect time to start getting it ready. With the market gearing up for its busiest time of year, it'll be important to make sure your house shines...
Don’t Let the Latest Home Price Headlines Confuse You
Don’t Let the Latest Home Price Headlines Confuse You Based on what you’re hearing in the news about home prices, you may be worried they’re falling. But here’s the thing. The headlines aren’t giving you the full picture. If you look at the national data for...
Maximizing The Benefits Of Home Equity When Downsizing
Maximizing The Benefits Of Home Equity When Downsizing When it comes to downsizing, homeowners often view it as a way to simplify their lives, reduce maintenance costs, or even relocate to a more desirable location. But what many don't realize is that downsizing can...
Why Pre-Approval Is Even More Important This Year
Why Pre-Approval Is Even More Important This Year On the road to becoming a homeowner? If so, you may have heard the term pre-approval get tossed around. Let’s break down what it is and why it’s important if you’re looking to buy a home in 2024. What Pre-Approval Is...
There’s No Foreclosure Wave in Sight
There’s No Foreclosure Wave in Sight Some Highlights Headlines saying foreclosures are rising might make you feel uneasy. But the truth is, there’s no need to worry. If you look at the latest numbers, they’re still below pre-pandemic norms and way below what happened...
Don’t Wait Until Spring To Sell Your House
Don’t Wait Until Spring To Sell Your House As you think about the year ahead, one of your big goals may be moving. But, how do you know when to make your move? While spring is usually the peak homebuying season, you don’t actually need to wait until spring to sell....
Blockchain technology and its integration with real estate transactions
Blockchain technology and its integration with real estate transactions. Blockchain has been making waves in various industries, revolutionizing the way we store and transfer data securely. And with the ever-evolving real estate market, it comes as no surprise that...
2 of the Factors That Impact Mortgage Rates
2 of the Factors That Impact Mortgage Rates If you’re looking to buy a home, you’ve probably been paying close attention to mortgage rates. Over the last couple of years, they hit record lows, rose dramatically, and are now dropping back down a bit. Ever wonder why?...
Trends in Senior Housing
Trends in Senior Housing In this article, we dive into the fascinating realm of senior purchasing habits when it comes to housing. With the aging population, the needs and preferences of seniors have transformed, leading to new trends and demands in the housing...
Will a Silver Tsunami Change the 2024 Housing Market?
Will a Silver Tsunami Change the 2024 Housing Market? Have you ever heard the term “Silver Tsunami” and wondered what it's all about? If so, that might be because there’s been lot of talk about it online recently. Let's dive into what it is and why it won't...