Welcome to Flowers Realty - Serving Your Real Estate Needs
Having the right real estate agent or loan officer means having an individual who is committed to helping you buy or sell your home with the highest level of expertise in your local market. This means also to help you in understanding each step of the buying or selling process. This commitment level has helped us build a remarkable track record of delivering results.
Nothing is more exciting to us than the gratifying feeling we get from helping people meet their real estate needs. You can count on us to always do what's in your best interest. We pride ourselves on being honest, trustworthy, and knowledgeable in the real estate market. We know how important it is to find your dream home or get the best offer for your property. Therefore we will make it our responsibility to help you achieve those goals.
Whether you are an experienced investor or a first time buyer, we can help you in finding the property of your dreams. Please feel free to browse our website or let us guide you every step of the way by calling or e-mailing us to set up an appointment today.
|30-Year Fixed Rate||2.75%|
|20-Year Fixed Rate||3.02%|
|15-Year Fixed Rate||2.75%|
|10/1 ARM Rate||4.14%|
|* Conforming FNMA Loan Amount. Rates may include points.|
Information updated: 3/05/2021
Posted To: MND NewsWireA new policy paper from the Urban Institute (UI) looks at the recent amendments to the senior preferred stock purchase agreement (PSPA) agreed to by outgoing Treasury Secretary Steven Mnuchin and Mark Calabria, Director the Federal Housing Finance Agency (FHFA) on January 14, 2021. The PSPA governs Treasury's financial relationship with the GSEs Fannie Mae and Freddie Mac. The changes were intended to enable the eventual release of the GSEs from conservatorship by allowing them to build capital and provides milestones for their release. The changes also serve to constrain the GSEs' activities well after their release by putting limits on their business practices including limits on the amount of "high risk" mortgages they can purchase as well as those that finance second homes or investor properties...(read more)
Posted To: MND NewsWireAs Black Knight has repeatedly predicted, end of February expirations drove the number of mortgage loans in forbearance lower this past week. There was a decline of 22,000 loans in forbearance plans during the week ended March 2, an 0.8 percent decline. Black Knight says that there are still more than 100,000 loans in plans that expired at the end of last month that may be under review by servicers for extension or removals. Despite weekly improvement, the monthly rate of decrease slowed from 2.0 percent to 1.3 percent. At the end of the reporting period, the company estimates that 2.69 million homeowners remain in forbearance plans, 5.1 percent of those with a mortgage loan. The largest improvement over the past week was in loans serviced for FHA and the VA. They declined by 13,000 to 1,113...(read more)
Posted To: MND NewsWireThe Consumer Financial Protection Bureau (CFPB) has proposed to delay the mandatory compliance date of the General Qualified Mortgage (QM) final rule from July 1, 2021 to October 1, 2022. The rule, proposed last June, is designed as a replacement for the so-called GSE patch. CFPB says it is proposing the extension to ensure that homeowners struggling with the financial impacts of the COVID-19 pandemic have the options they need. As originally written at the time of the housing crisis, the Ability to Repay/Qualified Mortgage Rule (ATR-QM Rule) provided a safe harbor to protect lenders from lawsuits charging them with failing to appropriately quantify a borrower's ability to repayment a loan. In general, the QM rule requires that a loan comply with prohibitions on certain loan features, points...(read more)