Cardinal Financial News
Industry
DACA Status Borrowers Now Eligible for FHA-Insured Mortgages
Cardinal Financial is excited to announce additional programs are now available to eligible borrowers who are part of the Deferred Action for Childhood Arrivals (DACA) program. The Federal Housing...
FHA “Spot Approval” Is Back
Don’t look now, but condos just got cooler. The Federal Housing Administration has finally issued a long-awaited update to its condominium rules by announcing that it will now allow...
Veterans Affairs VBA Still Provides Resources for Veterans During Government Shutdown
CHARLOTTE, NC – In light of the current partial Federal government shutdown, the VA announced that it is still open for business and actively working to provide its veterans...
Conforming Conventional Loan Limit Increased
CHARLOTTE, NC – The Federal Housing Finance Agency (FHFA) recently announced another increase in the conforming Conventional loan limit from $453,100 at the start of this year to $484,350...
The Latest 10-Year Treasury Yield Increase Could Affect Your Decision to Buy or Refinance
CHARLOTTE, NC – This week we witnessed the 10-year Treasury yield reach 3% for the first time since January 2014, and it’s expected to rise even higher. This shift...
Major Tax Bill Passed: What Does It Mean for You?
Five highlights you might want to know about the latest tax reform. Congress officially passed the first major tax reform in 31 years. What does this mean for the...