Feature

Refinance Fee Dropped

Recently the FHFA announced that it would be eliminating the adverse market refinance fee from Fannie Mae and Freddie Mac home loans delivered after August 1st. Originally this fee was designed to cover projected losses from the pandemic. With the fee borrowers were paying an extra $500 for every $100,000 they refinanced. However, the effectiveness of the market warranted "an early conclusion" of the fee. Now couple the fee being gone with the low rates we have been seeing this month and there has never been a better time to refinance. In fact more borrowers than ever can benefit from a mortgage refinance right now! If you have been considering refinancing, now is the time! Give us a call and let's see if you how much you could benefit.
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Importance of a Pre-Approval Letter

https://www.youtube.com/watch?v=Q9pP4jXlqAc&t=1s
In a market as hot as this one sellers can be more selective when it comes to choosing what offers they’re willing to accept. If you've found a home you love it's important to make your offer stand out to the seller. A pre-approval letter is one of the most important things you can do to let a seller know you are a vetted and qualified buyer.  
The path to your dream home is easier than you think with an expert to guide the way. When you connect with our team, we can help you determine a budget, loan program and rate that works for you.
If you have been considering purchasing this summer and have not been pre-approved give me a call! Our team would be happy to walk you through the process.
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2021 May Be a Dry Year for Utah

A recent article published in the Salt Lake Tribune outlines that with Utah’s snowpack being below normal levels, the state is heading for a dry year.  Reducing your water use can help ensure the state has enough water to meet everyone’s needs throughout the year. Here are some ideas for ways you can help conserve water this year.

How to Save Water at Home:

  • Repair leaky plumbing and faucets.
  • Reuse cooking water in the garden.
  • Scrape dishes into the trash and soak pots and pans before washing.
  • Thaw frozen foods in the refrigerator, not under running water.
  • Use the same glass all day for drinking water.
  • Cut shower time.
  • Replace an old washing machine with low-water models. It can pay for itself through energy savings, while using half as much water.
  • Turn off the faucet while brushing teeth.

How To Save Water Outdoors:

  • Mulch your plants.
  • Avoid overwatering.
  • Remove unwanted weeds.
  • Adjust the lawn mower’s blade height to a higher setting.
  • Select drought-tolerant plants that require less water to thrive.
For more info on way that you can help save water this year check out Utah’s Slow the Flow campaign and the Utah Division of Water Resources. Check out the full article here.
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