Increases to Home Prices and Interest Rates…How Does that Affect You?

When home prices and interest rates both rise, it makes it more expensive for you to buy your home at an affordable purchase price point.  Below is an example of what just a 10% increase in home prices and a 2% increase to interest rates could cause with the cost of a $250,000 home: These […]

Buying Up in the Same Market?

Are you planning to sell your home and buy a new home in the same market area?  Did you know that selling your home quickly by pricing it competitively may allow you go gain more on the buying side of your goals? Let’s review why: Most likely if you are buying up in the same […]

Afford to Rent—Afford to Own?

The message for today is: If You Can Afford to Rent…You Most Likely Can Afford to Own. Interest rates are a big factor when buying a home. The lower the rate, the lower your housing expense. Your purchasing power increases. And with rents continuing to rise, in many instances what you are paying in rent […]

Either Way, You’re Paying a Mortgage…Yours or Theirs, It’s Your Choice

  There are some people that have not purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent free, you are paying a mortgage – Either Way, You’re Paying a Mortgage…Yours (your home) or Theirs (your Landlord), It’s Your Choice […]

Rent or Buy Calculator

Have you ever wondered, “Should I Rent or Buy my next home?”.  This is a question that many new home buyers have thought about and how do they find their answers?  Research is an important part of the home buying process and using the tools that will help you find your answers is an important […]

FHA Lowers MI Premiums for Home Loans

On January 26, 2015, FHA Mortgage Insurance Premiums are being lowered.  Do you have a FHA Home Loan?  Would you like to find out if you can save money each month on your home loan? FHA offers the FHA Streamline Home Loan program, where you can easily refinance your mortgage without credit qualifying, appraisals and […]

FHA Lowers MI Premiums

  President Obama announced lower MI Premiums for FHA Home Loans in January 2015. This is welcome news for both new home buyers using FHA as well as existing FHA homeowners wanting to lower their monthly payments.  The Scotsman Guide has a great article for you to learn more about this update to the FHA […]

American Dream- Home Buyer Education

Are you considering purchasing your own home?  Then this recorded Home Buyer Webinar is just what you need to start your preparations.  Understanding the process and what it takes is essential in today’s market.   You Are Invited to View OurStrategic Partners Featured Properties

Protect Your Transaction When Buying Your Home

Recessions are hard on everyone… you remember when all you heard or read in the news was how home values were going to keep falling? It was going to take decades for prices to return. That didn’t happen. In fact, not only did values stop dropping, but in almost all areas of the country, prices […]

USDA- New Eligible Areas

USDA has made changes to the eligible areas and it has affected some of our rural areas in Arizona. Please take a look at the map below. Rural Area Changes effective 10-1-14   USDA is a wonderful loan program for our home buyers purchasing a home in the rural areas of our state.  It allows […]

AmeriFirst Financial, Inc., 1550 E. McKellips Road, Suite 117, Mesa, AZ 85203 (NMLS # 145368). 1­877­276­1974. Copyright 2017. All Rights Reserved. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates, and programs are subject to change without prior notice. All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. AZ: Arizona Mortgage Banker License No. BK0013635; CA: Licensed by The Department of Business Oversight under the California Residential Mortgage Lending Act; CO: Regulated by the Division of Real Estate; WA: Washington Consumer Loan Company License No. CL­145368. AmeriFirst Financial, Inc. is an independent mortgage lender and is not affiliated with the Department of Housing and Urban Development (HUD) or the Federal Housing Administration (FHA). Karen Jones is a licensed loan originator at AmeriFirst Financial.,Inc. Karen Jones complies with all regulations and rules of all government agencies and regulators including the Real Estate Settlement and Procedures Act. The services provided by Karen Jones are not a condition, nor do they create any obligation for any form of remuneration for any real estate settlement service related to any referral.

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