John Rumpf - Home Lending NMLS 565830

The FHFA (FNMA/FHLMC) made a big announcement late last week regarding increases to LLPA's (Loan Level Price Adjustments). These adjustments impact the rate you get when you purchase or refi with a FNMA or FHMLC backed loan. These changes could make your next mortgage a little more expensive. Give me a call to find out how these changes could impact you!

The mortgage industry is nervous about LLPA fee changes Mortgage and real estate trade groups say tweaks to loan level pricing adjustments (LLPAs) will hurt most borrowers in a brutal market.

A quick read from a reliable source regarding affordability in todays housing market.

Housing Affordability With Higher Rates. A Closer Look I’ve had many ask me about higher rates and affordability and whether todays rates might be enough to repeat the 2008 recession environment. The short answer is no.

👏Since 2019, through our partnership with Sackcloth & Ashes, we've donated 14,875 blankets to local homeless shelters throughout the US!

❤️For every blanket we gift to our clients, we donate one on their behalf- THAT'S the Churchill difference!

✅If buying a home is on your 2023 goals list, but the current market trends are discouraging, we're here for you! You don't need to navigate the home buying process alone!

📲Contact us today, and let's talk about your options!

#2023