Real Estate Industry Blog » Mike Harrison

New Fed Loan Officer Compensation Reform Threatens Housing Market

Mike Harrison — Wed, 16 Feb 2011 17:16:41 +0000

There is a big story that is not getting much attention. The story is that the entire Mortgage Industry is getting ready for new Federal Compensation rules that go into effect beginning on April 1st. The Federal Reserve Board has introduced a set of compensation regulations that will limit Loan Officer, Mortgage Broker, and Originator [...]

Utah County Has Money Now for First Time Homebuyers

Mike Harrison — Wed, 19 Jan 2011 23:05:20 +0000

The popular Utah County down payment money is currently ready for anyone that wants to purchase a home in select cities. You can receive at closing up to $15,000 to help get you into your first home. Loan to Own can pay for your down payment and your closing costs! It is not hard to [...]

Facebook is taking over!

Mike Harrison — Fri, 19 Nov 2010 17:46:41 +0000

Facebook and Myspace have competed for market share over the past years. Today Myspace has conceded to a Facebook sync agreement by allowing users to sign onto Myspace using a Facebook username and allowing Facebook updates to cross over into Myspace. Like it or not the famous “Like” button will now be used on Myspace. It’s hard [...]

Michael Jordan is coming back

Mike Harrison — Fri, 23 Jul 2010 18:51:00 +0000

_________________________________________________ –I know this isn’t real-estate related, but a lot of us grew up watching MJ. So take a break and remember what an amazing athlete he was. – Michael Jordan, one of the best NBA players of all time is coming back. 2K sports announced the “The Jordan Challenge” would be included in its new [...]

Utah Mortgage Rates lowest on Record

Mike Harrison — Tue, 29 Jun 2010 18:11:57 +0000

Utah Mortgage Rates have fallen over the past two months to the lowest levels EVER. 1971 is when Freddie Mac started to track mortgage interest rates. We are currently breaking the record of the lowest recorded average rates. Currently the average rate for a 30-year fixed rate is 4.69% according to Freddie Mac. If you [...]

Provo Ut, Homebuyers get $20,000 towards their mortgage

Mike Harrison — Wed, 17 Mar 2010 05:06:40 +0000

There is plenty of money for Provo Utah Homebuyers. These homebuyers are getting $20,000 towards their mortgage for purchasing a home. The Provo Mortgage program is geared at getting owner occupants back into older neighborhoods. This redevelopment area covers the Maeser, Franklin, Dixon, South Joaquin, Timp and a portion of North Park Neighborhoods. I will [...]

What Utah Housing Grants are Available?

Mike Harrison — Tue, 16 Mar 2010 02:26:00 +0000

Getting a Utah Housing Grant is usually easy if you know what is available to you. It is a fact that there are millions of dollars in Utah Grants for Utah Home Buyers. There are a variety of sources that provide Utah Housing Grants. Some are charitable institutions, individuals, and government Agencies. Unfortunately, most home buyers [...]

Get a $5,000 grant for your Utah Mortgage in West Jordan

Mike Harrison — Thu, 07 Jan 2010 22:28:49 +0000

The City of West Jordan is offering a Down Payment Assistance grant for your West Jordan Home on your Utah Mortgage. This program will provide you with half of your required down payment and “one time closing costs” for a total of $5,000. The Utah Grant is in the form of a 0% interest deferred [...]

Salt Lake Mortgage Grant of $10,000 available for First Time Home Buyers

Mike Harrison — Thu, 07 Jan 2010 21:38:46 +0000

Your Salt Lake Mortgage may qualify for up to a $10,000 grant to put towards your down payment. A federally funded deferred loan/grant program administered by the Community Development Corporation of Utah is offering assistance to First Time Home-Buyers. You can receive up to 6% ($10,000 max) of your purchase price to help pay for [...]

Utah Housing loan can offer 99.5% financing

Mike Harrison — Wed, 26 Aug 2009 22:35:26 +0000

A Utah Housing loan can get you 99.5% financing with no extra closing costs or adjustments to interest rates. A Utah Housing loan is a viable option when considering a Utah mortgage. You can choose from six different Utah Housing loans. This article will address the most popular loans that the Utah Housing Corp has [...]