Emiliya Kostova- Loan Officer at CMG Financial NMLS 1985706

From start to finish, we want your home buying experience to be a smooth and simplified process. As we welcome you home, here's what you can expect from your home buying timeline!

When waiting for your loan to close, be sure to avoid maxing out or closing any credit cards. Making large purchases, closing out a credit account, or opening a new line of credit can all cause a change in your credit score — possibly delaying or even completely derailing your home purchase.
Wait until the keys are in your hand before making any other financial moves!

Existing home sales dipped 0.7% month-over-month in January. Though experts had predicted an increase, this decline is much milder than December’s 1.5% month-over-month drop. In more positive news, existing home inventory is on the rise, growing 2.1% from December and 15.3% year-over-year.

The consumer price index (CPI) for the month of January had a few unexpectedly high numbers last week, which caused some bond market and rate adjustments. However, last week wasn’t ALL bad news. Read here: http://spr.ly/61843q41Q

How can you make the most of your refund this tax season? If you're ready to break into homeownership this year, here are five ways you can turn your tax refund into a new home!

Emiliya Kostova- Loan Officer at CMG Financial NMLS 1985706

With no first-time buyer requirement, no income limits, and availability in all 50 states, could the FHA Buyer’s Choice program be a game changer for you? Read here: http://spr.ly/61803oIpg

In February, the National Association of Home Builders’ (NAHB) housing market sentiment index jumped on all components as builders are feeling more confident about the housing market. Overall, the index climbed by 7 points to reach a level of 42.

Whether you're a , an experienced investor, or selling your home, the right real estate agent can guide you through every step of the process for smooth experience that gets you a better deal on your home!

How will tomorrow’s consumer price index influence average mortgage rates? Here’s what we know: http://spr.ly/61863m26A

Looking to list your home for sale this spring? Here are six ways you can prepare your home for the spring market: http://spr.ly/61813lRPJ

Have market conditions kept you from achieving your dream of homeownership? Between 2020 and 2022, home buyers were dreaming of lower competition, higher inventory, lower home prices, and more negotiation power. Well... ask and you shall receive!
Now that buyers' wishes are being answered, are you ready to break into homeownership?

Mortgage rates were relatively unchanged after an eventful week of economic reports. As the Federal Reserve announced its lowest rate hike in 10 months, here’s what to expect moving forward: http://spr.ly/61843iiTI

Though mortgage rates are higher than they were in 2021, they are still historically low! We also have many options that can help bring your rate down even lower, making it a great time to buy.
Contact me to learn more!

Expecting a refund from Uncle Sam? Here are five ways you can turn your tax refund into a new home: http://spr.ly/61803gK7m

Following this week’s meeting, the Federal Open Market Committee has slowed the pace of its rate hikes, announcing an increase of just 25 basis points. The Fed tapered off again as inflation has eased up, but ongoing rate hikes are almost certain.

The All In One Loan™️ is a unique home financing solution designed to help borrowers save more on interest, pay off their loan faster, and access their home equity 24/7. See how The Smarter Way to Borrow combines home financing and banking to save borrowers tens of thousands of dollars: http://spr.ly/61823edhQ

This week, the FHFA house price index and the Case-Shiller home price index are scheduled for release. Here’s what you can expect: http://spr.ly/61863dC0g

The personal consumptions expenditure (PCE) index for the month of December showed that prices continued cooling. The core PCE index was in line with expectations with a 0.3% month-over-month and 4.4% year-over-year increase. Lower spending and cooling inflation is positive news for the market and could give the Fed a nudge to slow the pace of rate hikes sooner.

When should you consider an adjustable-rate mortgage? Here’s what you need to know: http://spr.ly/61833jBf3

What are the benefits of working with a local lender? From local expertise to connections with local Realtors, title, and escrow companies, a local CMG Home Loans originator can elevate your home financing experience. Contact me today to get started!

While many assume that the USDA Loan is only available for farms and rural residences, more than 95% of U.S. landmass is USDA eligible! With up to 100% financing available, could a USDA Loan be the right option for you?

This week, housing reports scheduled for release include the new home sales report and the pending home sales report. Here’s what you can expect: http://spr.ly/61853wTKS

Existing home sales dipped for the 11th consecutive month in December, down 1.5% month-over-month. However, December’s decrease is a significant improvement from November’s monthly decline of nearly 8%. Though experts had predicted a drop of 5.4%, the downward trend in mortgage rates likely contributed to sales exceeding expectations.

Though mortgage rates brushed the highest levels in decades in October 2022, they seemed to step off the ledge shortly after. As mortgage rates have likely peaked, here’s what you can expect: http://spr.ly/61873kdph

Mortgage rates brushed four-month lows last week thanks to the sixth straight month of cooling inflation news in December. Lower inflation is going to be a key for lower rates this year. Learn more here: http://spr.ly/61883nj8m

The new year has brought home buyers a new hope. According to recent report by Fannie Mae, more home buyers are looking forward to purchasing this year than in recent months. Here’s why the force is strong with buyers this year: http://spr.ly/61873pQsl

Struggling to sell your home in the current market? If you financed your home with a VA Loan, you might want to remember that your loan is assumable. Here’s what this means: http://spr.ly/61883RJpj

When it comes time to sell your home, why should you work with a real estate agent? Here are the top reasons why working with an agent can pay off: http://spr.ly/61873ueKh

What does 2023 have in store for home buyers? Here are four predictions for this year according to housing market experts: http://spr.ly/61873P2RJ

Could you qualify for 100% financing with a USDA Loan? Here’s what you need to know: http://spr.ly/6187332dB