Nathan S. Pierce

NMLS # 12920

801-272-0600

nathan@advancedfunding.com

Nathan S. Pierce Certified Residential Mortgage Specialist

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New Home Sales Slip in October, Healthy Gains Seen Annually

New Home Sales Slip in October, Healthy Gains Seen Annually

Sales of new single‐family houses in October 2023 fell from October to an annual rate of 679,000 but up nearly 18% from October 2022. The median sales price of new homes sold in October 2023 was $409,300. The average sales price was $487,000. Inventory le

Nov 28, 2023 | Mortgage News

Minimizing the Effect of Job Loss on Your Mortgage

Minimizing the Effect of Job Loss on Your Mortgage

In the dynamic landscape of personal finance, job loss can send shockwaves through your financial stability, particularly when managing your mortgage. Yet, with appropriate preparation and a little knowledge you can navigate these turbulent waters and sta

Nov 28, 2023 | Refinancing a Home Purchasing a Home

FHFA Announces Conforming Loan Limits for 2024

FHFA Announces Conforming Loan Limits for 2024

Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced the conforming loan limit values (CLLs) for mortgages Fannie Mae and Freddie Mac (the Enterprises) will acquire in 2024. In most of the United States, the 2024 CLL value fo

Nov 28, 2023 | Mortgage News

Happy Thanksgiving

Happy Thanksgiving

Thanksgiving is a time to come together with loved ones, share delicious meals, and create lasting memories. Whether you're gathered around a table laden with traditional dishes or enjoying a quiet moment of reflection, we hope your day is filled with war

Nov 23, 2023 |

Existing Home Sales Slip in October

Existing Home Sales Slip in October

For the fifth straight month, sales of existing homes fell due to the ongoing low inventory problem coupled with multi-decade highs in borrowing costs in October. Home prices rose annually for the fourth straight month, while monthly inventories were at 3

Nov 22, 2023 | Mortgage News

The Top 5 Reasons Fixed-Rate Mortgages Are Your Wealth-Building BFFs

The Top 5 Reasons Fixed-Rate Mortgages Are Your Wealth-Building BFFs

When it comes to home loans, fixed-rate mortgages are the bread-and-butter of the market and for good reason. If you're all about making savvy financial moves, you’ll want to learn these golden knowledge nuggets that will show you why fixed-rate mor

Nov 21, 2023 | Purchasing a Home

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