Talk to Your Loan Officer About Discount Points

2018-09-27T15:52:40+00:00September 27th, 2018|Categories: Mortgage, Mortgage Sense, Mortgage Watch, Residential|

Market interest rates have been steadily rising since January 2018 Tightening of home supply in the state of Georgia Home prices have risen in the same time period “Discount Points” are fees paid directly to your lender at closing in exchange for a reduced interest rate Also known as “buying down your rate” Your lender can [...]

First Time Homebuyers in Georgia

2018-07-12T06:21:33+00:00July 11th, 2018|Categories: Homeownership, Mortgage, Mortgage Sense, Mortgage Watch, Residential|

So you’re looking at buying a house for the first time, now what? The search for your first home (and mortgage) can be scary, difficult, and downright complicated. Don’t worry! Northpoint Mortgage is here to help! Here is some basic info on some great first-time homebuyer programs available in the state of Georgia: FHA Minimum 3.5% [...]

Buying Instead of Renting Makes Sense for Most Everyone

2018-06-01T11:18:44+00:00June 1st, 2018|Categories: Homeownership, Mortgage, Mortgage Sense, Mortgage Watch, Residential|

Even with mortgage rates up, buying instead of renting makes sense for many and tax changes haven't changed the calculus on home ownership very much. Buying season is in full swing, but the landscape has changed a lot from last year. Congress has curtailed tax incentives to purchase a home, mortgage rates are up and homes [...]

Why Was My Mortgage Sold to Another Company?

2018-05-18T10:13:26+00:00May 17th, 2018|Categories: Mortgage, Mortgage Sense, Mortgage Watch|

You comparison shopped, choosing your mortgage lender carefully. Shortly after closing, you receive a letter from a new company introducing themselves as your mortgage servicing provider. What does this change really mean? Here is what you need to know about your mortgage being sold to another company. Why Are Mortgages Sold? From the perspective of a [...]

Millennials & Homeownership

2018-04-11T15:08:56+00:00April 11th, 2018|Categories: Homeownership, Mortgage Sense, Mortgage Watch|

Referring to people between the ages of 25-35, Millennials represent the most active generation of homebuyers (according to the National Association of Realtors). Based on a recent annual survey of homebuyers, NAR estimated that 36% of all home sales last year involved millennials. Millennials have held the top home-purchaser spot among generational groups for five [...]

Exciting 300-acre Park Project Coming to Downtown Atlanta!

2018-03-27T09:23:31+00:00March 26th, 2018|Categories: Mortgage Watch, Northpoint News, Uncategorized|

The Westside Reservoir Park at Bellwood Quarry will create a prime area for real estate in the surrounding neighborhoods and historic districts of Atlanta. A slew of new construction has already begun to reshape the Westside beltline with homes, townhomes, and condos popping up throughout. Northpoint Mortgage, with our new office opening soon in Inman [...]

MI Tax Deductibility – MI Premiums Paid in 2017

2018-02-22T12:51:42+00:00February 22nd, 2018|Categories: Mortgage, Mortgage Watch, Residential|

Mortgage Insurance Tax Deductibility Mortgage Insurance Premiums Paid in 2017 The President signed the Bipartisan Budget Act of 2018, H.R. 1892, on Feb. 9, 2018. The bill extends a number of tax provisions that expired at the end of 2016 and were retroactively reinstated for 1 year through 2017 Families with total adjusted gross [...]