Industry News

1st Securities Mortgage accepted the challenge and are very honored to be able to help!

Tom Oslund

1st Securities Mortgage accepted the challenge and are very honored to be able to help!

Show your thanks for the men, women and families who served by participating in the DMAA Veterans Blanket Drive Challenge! 
A blanket may seem like a simple gift but think how much warmth and comfort your favorite blanket provides for you when you are cold or lonely.

Lets share that cozy...

FHA Loan Limits to Rise in More than 3,000 Counties in 2018

Tom Oslund

The Federal Housing Administration (FHA) today announced its loan limits for 2018. The nationwide rise in median home prices indicates buyers in more than 3,000 counties will see increases.

The FHA’s floor is set at 65% of the national conforming loan limit, which will increase from $424,100 to $453,100 next year. That makes the new FHA limit rise from $275,665 to $294,515. This floor...

New Home Sales Rate Reaches 10-Year High in October

Tom Oslund

Sales of newly built, single-family homes in October rose 6.2% to a seasonally adjusted annual rate of 685,000 units from a downwardly revised September reading, according to newly released data from HUD Census Bureau. This is the highest sales pace since October 2007. Year-to-date, new home sales are 8.9% above their level over the same period last year.

“The October report shows...

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