Take advantage of money-saving offers with Homebuyer Privileges®

Save on everything from furniture to appliances, home décor, tools and more! Contact your Mortgage Consultant at Centennial Lending Group to learn more about how you can save on the things you need most to make your house a dream home!


 

CLG Summer Buyer Guide!

This “Buyer Guide” simplifies and effectively explains the current market opportunities for home buyers in today’s market.  We would love to talk with you more about what you read here, and help you on the path to buying a home. We look forward to hearing from you.

 


 

CLG Summer Seller Guide!

This “Seller Guide” simplifies and effectively explains the current market opportunities for a seller in today’s market. We would love to talk with you more about what you read here, and help you on the path to selling a home. We look forward to hearing from you. Need a listing agent? We can help with that. FSBO, to be or not to be, we can help with that.

 


Tired of renting? A HomeReady mortgage may help you become a homeowner!

CLG is proud to announce that we now offer HomeReady™ mortgage by Fannie Mae. HomeReady mortgage is an affordable option designed for responsible homebuyers with limited downpayment funds. Contact CLG to see if HomeReady mortgage is right for you!


   

 

 

Existing Home Sales Rebound in December

The National Association of Realtors (NAR) just released their latest Existing Home Sales Report on Friday. Sales of existing homes rose by the largest increase ever recorded as they rebounded 14.7% over November’s numbers and now stand at 7.7% higher than a year ago.

While this is great news for the housing market, let’s take a look at one of the main reasons why there was such a large increase in sales. Read more


Top Reason to List Your House For Sale Now: Buyer Demand Continues to Outpace the Supply of Homes For Sale

The National Association of REALTORS’ (NAR) Chief Economist, Lawrence Yun recently commented on the inventory shortage:
“While feedback from REALTORS® continues to suggest healthy levels of buyer interest, available listings that are move-in ready and in affordable price ranges remain hard to come by for many would-be buyers.”

The latest Existing Home Sales Report shows...read more


The Impact of Higher Interest Rates

Last week, an article in the Washington Post discussed a new ‘threat’ homebuyers will soon be facing: higher mortgage rates. The article revealed:

“The Mortgage Bankers Association expects that rates on 30-year loans could reach 4.8 percent by the end of next year, topping 5 percent in 2017. Rates haven’t been that high since the recession.”

How can this impact the housing market? read more


4 Reasons to Buy BEFORE Winter Hits

It's that time of year; the seasons are changing and with them bring thoughts of the upcoming holidays, family get-togethers, and planning for a new year. Those who are on the fence about whether now is the right time to buy don't have to look much farther to find four great reasons to consider buying a home now, instead of waiting:   1. Prices Will Continue to Rise …read more


Thinking of Selling? 5 Reasons You Shouldn’t For Sale By Owner

In today's market, with homes selling quickly and prices rising some homeowners might consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons this might not be a good idea for the vast majority of sellers.


Is Qualifying for a Mortgage Getting Easier?

There has been a lot of talk about how difficult it is to get a home mortgage in today’s lending environment. However, three recent reports have revealed that lending standards are beginning to ease. This is great news for both first time buyers and current homeowners looking to move or buy a second vacation/retirement home. Take a look at the three reports.


Over 23% Thinking of Selling. Why the Hesitation?

A recently released Homeowner Sentiment Survey suggests that the American homeowner may not be fully aware of the opportunities that exist in the current real estate market. The survey... also reports that many homeowners would be placing their home up for sale if they were better informed about today’s market.  Learn more about current real estate options and opportunities.


64.2% of Millennials Put Down Less than 20%

...nearly two-thirds of the generation who have recently purchased a home, have done so with less than 20% down; with 36% putting down less than 5%! Millennials aren’t the only ones taking advantage of lower down payments – learn more.


Where Are Mortgage Rates Headed? This Fall? Next Year?

The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate the greater the payment will be. That is why it is important to look at where rates are headed when deciding to buy now or wait until next year.


Dreaming of a Vacation home?  You're not alone – vacation home sales surged in 2014.  If you decide to take the plunge,  don't forget to take us with you! CLG is licensed in CA, DE, FL, MD, NJ, NC, PA & VA, we'd love to help make that dream come true!.


Housing Market is Healthiest in Years!

Employment, demographics, the mortgage market, and housing prices are all used to evaluate the health of each market. The top 10 healthiest housing markets according to the index are:

  1. Pittsburgh, PA
  2. Cleveland-Elyria, OH
  3. Philadelphia, PA                          Read more here.

NAR’s Existing Home Sales Report

Home sales up 4.7%!  Get more good news here...http://goo.gl/VBpDCD


Don’t Get Caught in the ‘Renter’s Trap’

There are many benefits to homeownership, one of top ones, is being able to protect yourself from rising rents and lock in your housing cost for the life of your mortgage.

The National Association of Realtors (NAR) just released their findings of a study in which they studied “income growth, housing costs and changes in the share of renter and owner-occupied households over the past five years in metropolitan statistical areas throughout the US.”

Don’t Become Trapped

The study revealed that over the last five years, a typical rent rose 15%, ...read more.


Where Are Mortgage Rates Headed?

The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate the greater the payment will be. That is why it is important to look at where rates are headed when deciding to buy now or wait until next year.


No Matter What the Groundhog Says… You Should Sell Before Spring!

Many sellers feel that the spring is the best time to place their home on the market as buyer demand traditionally increases at that time of year. However, the next six weeks before spring hits also have their own advantages.

Here are five reasons to sell now.

1. Demand is Strong... see more.


Top 5 ways to boost the value of your home

Learn how to make 10 percent more money when selling your home

This is a great time to be selling a house—or buying one. With housing prices at recent highs (in some neighborhoods they’re exceeding pre-2008 valuations), it’s no wonder about 5.3 million homes are expected to change hands in 2015, up about 30 percent from the bottom of the crash, according to the National Association of Realtors.  Click here to read more.


SMART GOALS 2015 - 4 Reasons to Buy Before Spring and Stop Paying Rent!

The holiday season is behind us, time to focus on what exciting new experiences 2015 can bring! If you are planning on becoming a homeowner, or moving up to the home of your dreams in 2015, here are four great reasons to consider buying a home now, instead of waiting until spring.

1. Prices Will Continue to Rise click here to read more.


New York Times: Homeownership is Best Way To Build Wealth
The housing market has made a strong recovery, not only in sales and prices, but also in the confidence of consumers and experts as an investment.

The article explains:
“Homeownership long has been central to Americans’ ability to amass wealth; even with the substantial decline in wealth after the housing bust, the net worth of homeowners over time has significantly outpaced that of renters, who tend as a group to accumulate little if any wealth.”

Read more here: http://goo.gl/yRm7Eu


Breaking News: Fannie and Freddie formally announce 3% Down Programs
This is great news to millions of purchasers that have been denied the opportunity to own their own home because of the almost impossible burden of saving for a 20% down payment.

 

 


Home Sales Up in almost Every Price Range
The National Association of Realtors’ most recent Existing Home Sales Report revealed that home sales were up rather dramatically over last year… click here to read more.

 

 


Where Are Prices Headed Over the Next 5 Years?
If you are considering buying or selling, you may find this information helpful. When you are ready to get started, contact CLG!

 

 

 


The Bigger Drag on Homeownership: Down Payments or Debt?

"While lower down payments may help pave a quicker path to homeownership for some prospective homebuyers, a bigger obstacle to homeownership is the additional non-mortgage debt many borrowers bring to the table…"  Read more here: http://rismedia.com/?p=92962

 


What You Don't Know About Your Credit Score... Could Cost You!

Gaining access to one’s own credit report and credit score prior to loan approval with no strings attached could be helpful, and at all times beneficial. With little effort, inaccuracy of information can be instantly corrected at the credit bureau level, and with a few simple steps, credit scores could be enhanced. Read more – http://goo.gl/iDydzI



CLG the App!

You Can NOW Download our New CLG Mortgage App on your mobile phone. It gives you instant access to Mortgage Rates, Calculators and News. CLICK THE LINK FROM YOUR SMART PHONE. "LIKE" it? Please "SHARE" it!
http://CLGAPP.com


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