The FED just raised interest rates again while mortgage demand is dropping. On top of that we are seeing a housing market slowdown with the likelihood of a recession looming. Will interest rates continue to rise or is it possible for them to pull back? How will all this affect the Housing Market? In this video, we discuss the most rent increases by the FED and give an interest rate forecast for 2022.

Have We Seen A PEAK In Mortgage Interest Rates?⏩Watch this NEXT ⏩ https://youtu.be/5gzBYyGcMUE

✅ – Get a Personal Referral to a Mortgage Expert or a Professional Realtor – http://www.jebsmith.net/referral

🏠 – First Time Home Buyer Course – http://www.becominghomewise.com

🎙- The Educated Home Buyer Podcast –
Spotify – https://open.spotify.com/show/3Ho4sTO…
Apple – https://podcasts.apple.com/us/podcast…

AFFLIATES:
🏡Want to become a Real Estate Agent – https://trk.realestateexpress.com/?a=…

Connect with me 👇
Jeb Smith (huntington beach Realtor/orange county real estate)
DRE 01407449
Coldwell Banker Realty
➡I N S T A G R A M ➳ https://www.instagram.com/jebsmith

Is it to late to Sell your home for top dollar? Should you sell now before house prices crash? Are you a potential seller considering taking advantage of the 2022 Housing Market and selling your house before the next Housing Crash? What do you need to consider when putting your house on the market? What items to you need to consider to get top dollar in the shortest amount of time? In this video, we discuss the those questions and help you put yourself in the best position to maximize your house price.

Watch this NEXT ⏩ Is it TOO LATE to Sell your house in 2022 – https://youtu.be/iM4rq6PWV3c

✅ – Get a Referral to a Mortgage Lender or Realtor – http://www.jebsmith.net/referral

🏠 – First Time Home Buyer Course – http://www.becominghomewise.com

AFFLIATES:
🏡Want to become a Real Estate Agent – https://trk.realestateexpress.com/?a=…

Connect with me 👇
Jeb Smith (huntington beach Realtor/orange county real estate)
DRE 01407449
Coldwell Banker Realty
➡I N S T A G R A M ➳ https://www.instagram.com/jebsmith

The California Housing Market just reset with rising inventory, buyer demand declining and sellers dropping their house prices. Should you BUY NOW or WAIT for the NEXT Housing CRASH? In addition, existing home sales declined nearly 21% year over year. What does all of this mean for the California Housing Market ? What’s happening in Orange County, California? Will we see house prices continue to decline? In this video, we discuss what’s happening both nationwide and specifically in California so that you have a better idea of how to navigate the California Real Estate Market 2022.

My Thoughts Are Changing On The Housing Market⏩ Watch this NEXT ⏩ https://youtu.be/SztdDySd9T0

✅ – Get a Referral to a Mortgage Lender or Realtor – http://www.jebsmith.net/referral

🏠 – First Time Home Buyer Course – http://www.becominghomewise.com

🎙- The Educated Home Buyer Podcast –
Spotify – https://open.spotify.com/show/3Ho4sTO…
Apple – https://podcasts.apple.com/us/podcast…

Connect with me 👇
Jeb Smith (huntington beach Realtor/orange county real estate)
DRE 01407449
Coldwell Banker Realty
➡I N S T A G R A M ➳ https://www.instagram.com/jebsmith
➡T I K T O K ➳ https://www.tiktok.com/mrjebsmith

Are you a first time home buyer wondering if you should lenders to compare interest rates and fees? How do you properly shop mortgage lenders? Who do you talk to when shopping for a mortgage rate? What do you need to look for when comparing lenders? In this video, we are going to guide you through the process of shopping lenders and tell you why the lowest interest rate isn’t always the best deal and what you need to look out for when deciding on the best mortgage professional for you.

Do THIS To Lower Your Monthly Mortgage Payment ⏩Watch this NEXT ⏩ https://youtu.be/iMSHsF9-kYU

✅ – Get a Referral to a Mortgage Lender or Realtor – http://www.jebsmith.net/referral

🏠 – First Time Home Buyer Course – http://www.becominghomewise.com

📧 – Free Weekly Newsletter – http://www.jebsmith.net/newsletter

🎙- The Educated Home Buyer Podcast –
Spotify – https://open.spotify.com/show/3Ho4sTO…
Apple – https://podcasts.apple.com/us/podcast...

⏩Want to look up a Mortgage Brokers Experience? https://www.nmlsconsumeraccess.org/ ⏩

AFFLIATES:
🏡Want to become a Real Estate Agent – https://trk.realestateexpress.com/?a=…

Connect with me 👇
Jeb Smith (huntington beach Realtor/orange county real estate)
DRE 01407449
Coldwell Banker Realty
➡I N S T A G R A M ➳ https://www.instagram.com/jebsmith

Inflation just HIT 9.1% while interest rates continue to affect affordability. At the same time, we have the FED considering a 1% interest rate hike in addition to the FED’s Beige Book saying that the economy is slowing. Is this the start of a Housing Crash? Are the headlines as bad as it reads? Should you buy a house now or wait? In this video, we talk about the recent shift in the housing market and how it may affect you as a homebuyer or seller as we move through the 2022 Real Estate Market.

My Thoughts Are Changing On The Housing Market ⏩Watch this NEXT ⏩ https://youtu.be/G9EhNNutDgk

✅ – Get a Referral to a Mortgage Lender or Realtor – http://www.jebsmith.net/referral

🏠 – First Time Home Buyer Course – http://www.becominghomewise.com

🎙- The Educated Home Buyer Podcast –
Spotify – https://open.spotify.com/show/3Ho4sTO…
Apple – https://podcasts.apple.com/us/podcast…

AFFLIATES:
🏡Want to become a Real Estate Agent – https://trk.realestateexpress.com/?a=…

Connect with me 👇
Jeb Smith (huntington beach Realtor/orange county real estate)
DRE 01407449
Coldwell Banker Realty
➡I N S T A G R A M ➳ https://www.instagram.com/jebsmith

Are you a home buyer looking to buy a house and considering a flipped house? What are the pros and cons of buying a flipped house? Buying a flipped house as both positives and negatives and as a first time home buyer it’s important to know what to look for when buying a home. In this video, we discuss the things that you have to do when buying a flip.

Should you Buy A House in 2022? ⏩ Watch this NEXT ⏩ https://youtu.be/XvoQ6J8XD_M

✅ – Get a Referral to a Mortgage Lender or Realtor –http://www.jebsmith.net/referral

🏠 – First Time Home Buyer Course – http://www.becominghomewise.com

🎙- The Educated Home Buyer Podcast –
Spotify – https://open.spotify.com/show/3Ho4sTO…
Apple – https://podcasts.apple.com/us/podcast…

AFFLIATES:
🏡Want to become a Real Estate Agent – https://trk.realestateexpress.com/?a=…

Connect with me 👇
Jeb Smith (huntington beach Realtor/orange county real estate)
DRE 01407449
Coldwell Banker Realty
➡I N S T A G R A M ➳ https://www.instagram.com/jebsmith

Will mortgage interest rates continue to rise or have they reached a peak? Is the FED trying to crash the real estate market by raising interest rates? How will the FED deal with inflation? Why did interest rates rise so much so quickly? In this video, we discuss why this could be the peak in interest rates and also why there is a chance that you could see higher interest rates in the future.

Mortgage Interest Rates Have Gone Crazy ⏩Watch this NEXT ⏩ https://youtu.be/4YQ5A3O12aw

✅ – Get a Personal Referral to a Mortgage Expert or a Professional Realtor – http://www.jebsmith.net/referral

🏠 – First Time Home Buyer Course – http://www.becominghomewise.com

🎙- The Educated Home Buyer Podcast –
Spotify – https://open.spotify.com/show/3Ho4sTO…
Apple – https://podcasts.apple.com/us/podcast…

AFFLIATES:
🏡Want to become a Real Estate Agent – https://trk.realestateexpress.com/?a=...

Connect with me 👇
Jeb Smith (huntington beach Realtor/orange county real estate)
DRE 01407449
Coldwell Banker Realty
➡I N S T A G R A M ➳ https://www.instagram.com/jebsmith

Are you considering refinancing your fha loan and wondering whether or not it makes sense? Are you wanting to lower your monthly payment by getting rid of PMI or possibly do a cash out refinance to pay off debt? What questions should you ask yourself when considering a refinance? How do you refinance from an fha loan to a conventional loan? In this video, I discuss the idea of refinancing from an fha loan to an fha loan using an fha streamline as well as the idea of refinancing out of an fha loan into a conventional loan.

⏩Watch this video next for detailed info on the FHA Loan Requirements 2022 – https://youtu.be/lzxYpdLsW6c⏪

Other FHA videos you may find Helpful:

How to calcuate PMI on a FHA Loan – How to get rid of PMI – FHA Loan 2022 – https://youtu.be/1UDea_zyhqM

Comparing Monthly Payments on FHA vs Conventional Loan – First Time Home Buyer – https://youtu.be/DrqAbTJ0cf8

RESOURCES:
🏠 – First Time Home Buyer Course – http://www.becominghomewise.com
✅ – Get a Referral to a Mortgage Lender or Realtor – http://www.jebsmith.net/referral

NEW 2022 FHA LOAN LIMITS –

Low Cost Areas:
One-unit: $420,680
Two-unit: $538,650
Three-unit: $651,050
Four-unit: $809,150

High Cost Areas:
One-unit: $970,800
Two-unit: $1,243,050
Three-unit: $1,502,475
Four-unit: $1,867,275

FHA Approved Condo List – https://entp.hud.gov/idapp/html/condl…
FHA County Loan Limits – https://entp.hud.gov/idapp/html/hicos…

What is an fha loan? An FHA insured loan is a US Federal Housing Administration mortgage insurance backed mortgage loan that is provided by an FHA-approved lender.

➡ What is fha mortgage insurance? Mortgage insurance is a policy that protects lenders against losses that result from defaults on home mortgages. FHA requires both upfront and annual mortgage insurance for all borrowers, regardless of the amount of down payment.

➡ What is the current upfront mortgage insurance premium for fha loans? The UPMIP is currently at 1.75% of the base loan amount. This applies regardless of the amortization term or LTV ratio.

➡ How do you calculate the monthly mortgage insurance premium for an fha loan? Purchase Price x Percent of Amount Financed x 1.0175 x .0085 / 12

Example Below using a $350,000 purchase price putting 3.5% down:
$350,000 x 96.5 = $337,750
$337,750 x 1.0175 = $343,660
$343,660 x .0085 = $2,921.11
$2921.11 / 12 = $243.43 / month

FHA loan 2021 requirements

✅FICO® score at least 580 = 3.5% down payment.
✅FICO® score between 500 and 579 = 10% down payment.
✅MIP (Mortgage Insurance Premium ) is required.
✅Debt-to-Income Ratio less than 57%. (Actually you can go much higher than this)
✅The home must be the borrower’s primary residence.
✅Borrower must have steady income and proof of employment.

FHA Videos You May Find Helpful:

➡FHA Loan Qualifications – First Time Home Buyer – FHA Loan 2020 – https://youtu.be/1SC6WgAJ2yk
➡FHA Pros and Cons – First Time Home Buyer – FHA Loan 2020 – https://youtu.be/fOWjRGQmKDM
➡Buying a home using FHA – First Time Home Buyer – FHA Loan 2020 – https://youtu.be/8KCzd8GPH_w

I hope you appreciate this update on fha loans for first time home buyers for the housing market 2022 california as well as this real estate market update from your local Huntington Beach Real Estate Realtor, Jeb Smith.

Please let me know your thoughts below: what are your predictions for the housing market 2022 forecast and the housing market 2022 california? After watching this video, do you believe you should be buying a home this year or if now is the best time to sell a house?

Do you believe a house market crash 2022 or real estate bubble will happen? If so, why? What are your thoughts on the Orange County real estate market and the potential real estate crash for orange county real estate?

Jeb Smith (Huntington Beach Realtor/orange county real estate)
DRE 01407449
Coldwell Banker Realty
I N S T A G R A M ➳ https://www.instagram.com/jebsmith

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The California Real Estate Market is Finally Starting to take a hit with homes sitting longer, demand dropping and more price drops. At the same time, Housing Affordability is Reaching a 15 month low along with Consumer Confidence hitting a 16 Month low while the FED is continuing to raise interest rates. How will this affect the Housing Market? Should you Buy Now or Wait for Prices to Crash? In this video, we look at the most recent data in more detail and discuss why it’s not an accurate reflection of what’s currently happening in the Real Estate Market.

It Started: My Thoughts On The California Housing Market ⏩ Watch this NEXT ⏩ https://youtu.be/0br4oR83vWA

✅ – Get a Referral to a Mortgage Lender or Realtor – http://www.jebsmith.net/referral

🏠 – First Time Home Buyer Course – http://www.becominghomewise.com

🎙- The Educated Home Buyer Podcast –
Spotify – https://open.spotify.com/show/3Ho4sTO…
Apple – https://podcasts.apple.com/us/podcast…

Connect with me 👇
Jeb Smith (huntington beach Realtor/orange county real estate)
DRE 01407449
Coldwell Banker Realty
➡I N S T A G R A M ➳ https://www.instagram.com/jebsmith
➡T I K T O K ➳ https://www.tiktok.com/mrjebsmith

Should you Buy Now or Wait for another Housing Crash? Housing Affordability and consumer confidence have plummeted along with the FED saying that they must accept a higher risk of a recession as they combat inflation while inventory is growning and buyer demand is declining. Are we about to see a repeat of the 2008 Housing Crash again? How does the 2022 housing market compare to the last real estate crash? In this video, we discuss when you should buy vs wait and break down the differences in 2008 vs 2022.

Should you Buy A House in 2022? ⏩ Watch this NEXT ⏩ https://youtu.be/XvoQ6J8XD_M

✅ – Get a Referral to a Mortgage Lender or Realtor – http://www.jebsmith.net/referral

🏠 – First Time Home Buyer Course – http://www.becominghomewise.com

🎙- The Educated Home Buyer Podcast –
Spotify – https://open.spotify.com/show/3Ho4sTO…
Apple – https://podcasts.apple.com/us/podcast…

AFFLIATES:
🏡Want to become a Real Estate Agent – https://trk.realestateexpress.com/?a=…

Connect with me 👇
Jeb Smith (huntington beach Realtor/orange county real estate)
DRE 01407449
Coldwell Banker Realty
➡I N S T A G R A M ➳ https://www.instagram.com/jebsmith