Fort Meade Real Estate Financing

April 16, 2020

Update 4/16/2020 - The effects of Corona Virus on the Fort Meade MD real estate market

So just checking back in now that we have two more weeks of data on how the COVID-19 outbreak is effecting the local Fort Meade real estate market.  Again, focusing on Crofton, and putting all the numbers together, total sales in Crofton MD were down from 79 in 2019 ...

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March 30, 2020

The Effects Of Corona Virus On The Fort Meade MD Real Estate Market

Fort Meade Area Real Estate Update – Post Coronavirus


On March 13th the governor of Maryland ordered the closing of all schools sending a strong signal of the seriousness of the Coronavirus. 

On March 14th the Department of Defense issued a stop movement order that impacted most ...

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Dec. 3, 2019

Fort Meade MD - VA Home Loan Lending Limits for 2020

The Roskelly Team at RE/MAX Leading Edge - VA Loan Financing Bulletin
VA home loans

VA loan limits are changing!  Beginning January 1, 2020 the new maximum loan limit will be $1,500,000 across the country.  There will be no State or County specific restrictions.  Already have a VA ...

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Dec. 2, 2019

Fannie Mae Loan Limit Increased for counties near Fort Meade MD

The Federal Housing Finance Agency announced Tuesday that Fannie Mae and Freddie Mac conventional mortgage loans will have an increased maximum loan amount in counties surrounding Fort Meade, MD.  This means that in all areas near the base, home buyers have more purchasing power.  Almost 6% more on ...

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Dec. 2, 2019

VA Loan Funding Fee Changes For Fort Meade MD Home Buyers


Fort Meade Real Estate News from The Roskelly Team -  Important Update For VA Home Buyers.  

 

If you are a Veteran planning to use your VA benefit to purchase a home next year, you'll want to know that beginning on January 1, 2020, the VA funding fee is ...

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Oct. 2, 2019

USAA Real Estate Rebate Discontinued

On September 6th 2019, USAA discontinued their home buyer rebate program by posting the following announcement on their website.

Real Estate Rewards Network

Important Notice
The USAA real estate rewards network is no longer available.

What's Happening
USAA Federal Saving Bank has discontinued the Real Estate Rewards Network.  ...

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Sept. 23, 2019

New HUD rules for FHA condo loans to benefit Fort Meade area home buyers


hud logo

FHA just released some new financing guidelines that will assist condo home buyers in the Fort Meade real estate market.

To understand the impact of this change you'll need to understand that, prior to this, FHA required a community review and certification of every condo association in the US ...

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Aug. 15, 2019

Severn MD real estate home sale statistics- July 2019

Severn real estate followed the trend with Odenton, Crofton and other cities close to Fort Meade where home values and sales saw huge increases in 2019.  This month the total dollar volume sold is up almost 30% over the same period in 2018.  And, the huge glut of ...

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Feb. 25, 2019

VA Renovation Loans For Fort Meade MD Home Buyers

If you're thinking of purchasing a home near Fort Meade MD this Spring,
chances are you've noticed that inventory is really low.  In many areas,
there is less than a 30 day supply of homes for sale.  That means that
the best prepared and priced homes ...

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March 13, 2018

Maryland Real Estate Finance News - 3-12-2018

VA Mortgage loans for Fort Meade MD home buyers

You've probably been hearing a lot of interest rates rising for mortgage loans.  We've got several clients whose home purchasing power just went down a bit as the interest rate raise put their top mortgage limit down and their desired monthly payment out of reach.  While ...

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