Whitelaw and Sons Real Estate Morgan Hill
reaching your real estate goals
Robert Whitelaw, Realtor®

Robert Whitelaw, Realtor®

Published:Apr 25, 2023

Born and raised in Silicon Valley, Robert has helped clients successfully buy, sell and invest in real estate throughout Santa Clara County. Robert uses his local market knowledge to help clients across Silicon Valley!

Are you a well qualified buyer? Have you saved diligently for that 20% down payment on your first home? Did you educate yourself and work toward improving your credit score so that your was higher than 680? Well, then the FHFA (Federal Housing and Finance Association) would like to take this opportunity to completely screw you over! How will they screw you over? With higher rates and fees!

But wait, for those folks who did not save, have a poor credit score and have not managed their financial lives responsibly there will be discounts and incentives!

Other Options

qualified buyerIf this policy really annoys you, you can always look for non-conforming loans. But keep in mind that the vast majority of loans out there are conforming loans.

Of course, always do the math to make sure the numbers work for you. However, keep in mind that the vast majority of loans out there are conforming. Just because you do not get your loan directly from FHA, FHFA, Fannie Mae or Freddie Mac – they set the rules for what a conforming loan is – and just about all the banks out there want to be conforming so they can hand the loan off and wash their hands of any future liability.

Deja Vu

Does any of this sound even a little familiar? While sticking it to qualified buyers is kind of new, much of this should ring a bell. Creating a system that promotes subprime lending? Artificially increasing the number of buyers? Feel like the late 2000s all over again.

Raise Prices

If you increase the demand, you increase prices. With our current inventories relatively low – with less than 2 months of inventory on hand – it will not take much to kick this market back into frenzy mode.

Past Shows That Relate:


  • https://www.washingtontimes.com/news/2023/apr/18/joe-biden-hike-payments-good-credit-homebuyers-sub/

Prefer The Video Version?

Check Out The Last Show!


NAR Settlement – For Buyers and Sellers

The NAR settlement, once it is approved, is set to go into effect in the middle of July 2024. This will completely change how Buyers agent are compensated and we can count on chaos while the systems adjust to the new reality.

Get Your FREE Home Value Estimate!

Just enter your address and get access to your instant home value estimate, but also amazing tools to evaluate refinance options, your equity, ways to levarage your homes equity, how to pay your home off faster… and so much more!

Schedule A Consultation With Robert!


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