Tag - 2018

10,000 Baby Boomers Turn 65 Each Day

An AARP survey, dated back to 2010, has revealed a shocking but true statistic about a generation we may not have paid as much attention to as we should have. The first Baby Boomers (born in 1946) turned 65 in 2011 and an estimated 10,000 more reach 65 every day since. Though data has shown a decrease in the amount of baby boomers relocating...

Go Big AND Go Home: Jumbo Loans are Back

High Cost conforming and jumbo home loans are back. Homeowners wanting to buy homes over $453,100 now have more options. Find this image on blog.phmc.com

Updated: 11/27/2018 Up until recently, home buyers looking to buy a home in more expensive areas were left in limbo. Here’s why: Lenders had tightened the requirements on jumbo loan options making it hard to qualify for, or they did not offer them at all.  Other loan options (conforming and/or government) were also not ideal for their needs...

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