Mortgage Rates Fall to 3-Week Lows After Fed

Mortgage rates fell moderately today, largely in response to the Federal Reserve’s policy announcement.  Federal Reserve Chairman Jerome Powell issued his strongest statement yet Wednesday that the central bank has changed its outlook regarding interest rate hikes. “The case for raising rates has weakened somewhat,” Powell said during a news conference following this week’s two-day Federal Open Market Committee Read more about Mortgage Rates Fall to 3-Week Lows After Fed[…]

Zach Larichiuta Named 40 to Watch by National Mortgage Professionals Magazine!

I am completely humbled and honored to be among the talented people who join me on the National Mortgage Professionals Magazine’s “Next 40 Mortgage Professionals to Watch”. I look forward to continuing to earn that title in 2019 with my incredible team! https://www.nxtbook.com/nxtb…/nmpmedia/nmp_201812/index.php… I would be honored to earn your business and become your lender Read more about Zach Larichiuta Named 40 to Watch by National Mortgage Professionals Magazine![…]

DECEMBER CALENDAR OF EVENTS IN CHARLESTON

Break out the eggnog and get your guest rooms ready for visitors, Christmas time is here! This is one of the most special times of year in the lowcountry. The Boat parade, James Island County Park’s Holiday Festival of Lights and the Mt Pleasant Christmas parade are a few of my favorite things to do Read more about DECEMBER CALENDAR OF EVENTS IN CHARLESTON[…]

FHFA ANNOUNCES MAXIMUM CONFORMING LOAN LIMITS FOR 2019

FHFA ANNOUNCES MAXIMUM CONFORMING LOAN LIMITS FOR 2019 Fannie Mae and Freddie Mac Baseline Limit Will Increase to $484,350 FOR IMMEDIATE RELEASE 11/27/2018 Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2019. In most of Read more about FHFA ANNOUNCES MAXIMUM CONFORMING LOAN LIMITS FOR 2019[…]

NOVEMBER CALENDAR OF EVENTS IN CHARLESTON

Did somebody say Thanksgiving? I don’t know about, but I feel this year is going by at a rapid rate! This month also brings oysters, basketball, Holiday Festival of Lights, and chili. Here is your calendar of events for November: 1-3: Coastal Carolina Fair still in town, Ladson 1-3: Scottish Games and Highland Gathering 1-4: Read more about NOVEMBER CALENDAR OF EVENTS IN CHARLESTON[…]

CHARLESTON EVENTS IN SEPTEMBER

What an incredible summer we had! The best part of the year is approaching quickly: fall! School is back in session, football is starting, and cooler temps are on the way. September is going to be a great month. The Lowcountry Jazz Festival kicks things off at the Gaillard Center. Charleston Restaurant Week and Charleston Read more about CHARLESTON EVENTS IN SEPTEMBER[…]

6 Reasons Charleston Is The Perfect Home For You!

Charleston, South Carolina: the largest and oldest city in the entire state. This gorgeous port city, which was founded in 1670, has been around to witness America’s best and worst moments. It’s now evolved into a festive, bustling town that anybody would be lucky to lay eyes on. Charleston represents a harmonious marriage of the Read more about 6 Reasons Charleston Is The Perfect Home For You![…]

Our CEO, Anthony Hsieh, brings our vision to life – Check out the live demo release of mello!

https://www.youtube.com/watch?v=t14UrRcY_Kk&feature=youtu.be We are always excited to offer our clients new ways to make the lending processes easier, smoother and more accessible. We believe mello will be a game changer for the industry and be an incredibly helpful asset and tool for all of our valued clients! Call us today to schedule a meeting with Zach Read more about Our CEO, Anthony Hsieh, brings our vision to life – Check out the live demo release of mello![…]

HOW DO HOA DUES EFFECT YOUR PURCHASING POWER WHEN BUYING A CONDO?

Great article about how HOA dues are a commonly overlooked fee and how it effects your purchasing power when buying a condo. Do you want to see the how much you can afford? Contact the Lucy Lending Team today and find out. http://www.delmarvahomerelief.com/blog/how-much-mortgage-can-i-afford-with-a-condo-association?utm_campaign=Mortgages&utm_content=45455604&utm_medium=social&utm_source=facebook www.charlestonmortgagelender.com 843-469-9010 zach@lucylendingteam.com #charleston #chs #hoa #fees #realestate #purchasing #power #condo #condominium Read more about HOW DO HOA DUES EFFECT YOUR PURCHASING POWER WHEN BUYING A CONDO?[…]

Interest Rates

Interest Rates are Pushing Millennials out of the Charleston Housing Market

Rising Interest Rates As we see interest rates increase daily, adding additional stress for millennials and all members of the X and Y generation to purchase a home. According to a recent analysis from Fitch Ratings this obstacle has affected the younger generation significantly. The impact has cut down the millennials mortgage capacity by 9% Read more about Interest Rates are Pushing Millennials out of the Charleston Housing Market[…]