Throughout 2011, interest rates for fixed rate mortgages hit record lows on numerous occasions. As a result, those looking to purchase a new home or investment property were able to secure homes below market value and increase their savings by obtaining a low interest rate from various lenders. However, many people have wondered how the [...]
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Market Update for Tuesday 12-27-2011
Last Friday Treasuries took a fairly large hit as traders backed away from heavy long positions into the long weekend. mortgage prices were soft all day on thin trading following the bond market. This morning Treasuries opened a little better with mortgage prices generally unchanged from Friday’s close. This week is still in holiday mode with many not working. The week [...]
Market Update for Monday 11-28-2011
Markets had a shortened day on Friday, normally not likely to make huge moves but the bond market saw selling on increased optimism that Europe is on the path to coming up with a “plan”. More likely Treasury prices fell on increasing optimism that Holiday shopping would exceed estimates that were saying sales would be [...]
Mortgage Approval “Must-Haves”
The cost of buying a home in the United States gets more and more affordable every day as interest rates across the country continue to go down. So, naturally a housing market that offers affordable housing and low interest rates should allow a wide range of buyers to qualify for a mortgage in order to [...]
Boise Idaho FHA Streamline Refinance Loan – NO Appraisal
An Idaho FHA Streamline Refinance With No Appraisal is the best way to go if you live in Boise, Idaho and are looking to Refinance your home and you currently have an FHA loan. Benefits of a Boise Idaho FHA Streamline Refinance Appraisal usually not required Very little paperwork No Appraisal Fee (if doing no [...]
The Most Common Roadblocks to Home Ownership
As most of us are already aware, the credit industry has been dealt a series of blows over the past two years, which has left many banks gun shy when it comes to lending money to borrowers with anything but perfect credit and credentials. Your professional REALTOR has helped you find your dreamhome and you [...]
A Graphic View of Mortgage Rates Over the Years
Sometimes a picture is worth a thousand words…we’re all used to hearing about “historically low rates” but what does that mean to a generation of folks that don’t really understand where rates were in the past? Even for folks that have been around, have past rates been completely forgotten about? Here are two charts that [...]
How to Find a Celebrity Home for Sale
Finding the right homes in the real estate market today to purchase is not the most difficult of tasks. The over-abundance of supply – including foreclosures as well as traditional homes for sale – gives prospective buyers a wealth of options. The lower home prices certainly don’t hurt matters, either. Some of the best targets [...]
New Measures Target High Inventory of Foreclosures
Freddie Mac has introduced a new initiative intended to help shrink the inventory of unsold foreclosures in the U.S. The program will help homebuyers pay for closing costs when they purchase a HomeSteps property. Through the incentive, a buyer can get up to 3.5% in closing cost assistance on offers submitted by July 31st and [...]
Rise in Existing Home Sales Could Indicate Market Recovery
Real estate news over the last few years has been consistently negative as foreclosures plague the market and lending tightens up on new home buyers. While it seems the idea of home ownership escapes millions these days, there are numbers that indicate the early stages of a recovery. The National Association of Realtors reported an [...]
Which Mortgage Company Ad is Legal?
Today I found out that an Arizona mortgage company that I once considered local competition was closed down in June of 2010 by Arizona state banking. They were closed by an emergency order because the state decided that the mortgage company endangered the welfare of Arizona residents. They broke all kinds of lending laws, both [...]
Using the FHA 203K Streamline Mortgage to Finance your Dayton Ohio Home
Utilizing the FHA 203K Streamline mortgage a Dayton Ohio home buyer can obtain a mortgage with a minimal down payment and up to $35,000 thousand dollars in rehab and or repair expenses. With so many Dayton Ohio bank owned properties (aka REO’s) available makes an excellent opportunity to not only get a fantastic price on a home but update it how you would like creating lots of equity. Visit http://www.greggreenwald.com for more information about the Dayton FHA 203K Streamline mortgage.
Santa Clara County Mortgage Rates – why the sudden jump and my predictions
Santa Clara County mortgage rates have gone up every single week for last 5 weeks – now up almost 100 basis points. (Get the mortgage rate update in this post). It all started with Fed announcing Quantitative Easing 2. The big question is why so sudden and why so steep! There are several possible reasons: Markets are [...]
How will Fed’s Quantitative Easing (QE) impact Santa Clara County Mortgage Rates?
How will Fed’s Quantitative Easing impact Santa Clara County Mortgage Rates for Refinance and Home Purchase? But before we get into how will this impact home loan rates for Santa Clara County and SF Bay Area home owners, lets find out what does Quantitative Easing means! Wikipedia defines Quantitative Easing as – “Quantitative easing (QE) [...]
Seek An Idaho Refinance NOW !!!! Before Rates Go Back Up !!!
Refinance your Idaho Mortgage now before interest rates go back up!!!!!! An Idaho Refinance is what many people need to look into right now with where interest rates are at. Interest rates won’t stay this amazingly low for long so act now !!!! Below I have outlined four main reasons why you should do an [...]
Mortgage Rates at All Time Low but moving Up
Mortgage Interest Rates moved about an 1/8% higher today as Lenders repriced for the worse as the stock market rallied for a 2nd straight day. When the market rallies, it moves money out of the bond market into the stock market causing rates on fixed investments such as Mortgage bonds to move higher. Mortgage Rates [...]
FHA Streamline Refinance Interest Rates Hit New Low for Orange County Home Owners
Orange County home owners with an FHA loan are in for some great news! FHA Streamline Refinance interest rates are at or near all time lows. The FHA Streamline refinance allows current FHA borrowers to take advantage of low rates without having to go through the full loan process they did when they bought their [...]
Utah Mortgage Rates lowest on Record
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 [...]
Santa Clara Mortgage Rates sink to the lowest level of the year
Last week Santa Clara mortgage rates eased back to the lowest level of the year. According to Freddie Mac’s Primary Mortgage Market Survey® the 5-year adjustable-rate mortgage (ARM) averaged 3.91 percent this week, with an average 0.6 point, down from last week when it averaged 3.95 percent. This breaks last week’s record and, again, the [...]
New Home / First Time Buyer Credits in California
The New Home / First-Time Buyer Credits are available only for purchases that close escrow on or after May 1, 2010. Applying for the 2010 New Home/First-Time Buyer tax credits: Applications must be faxed after escrow closes. The new application will be available by May 1, 2010. We will deny the application if the 2009 [...]
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$10000 California First Time Home Buyer and New Home Tax Credit Extended
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Unite Against the Sarasota MLS Board
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Short Sale Heaven Coming April 5th 2010
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The Lones Group – Real Estate Social Media Marketing Firm – Sues Agent For Being A Zebra
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California Senate Bill 94 (SB94): Passes; Not even Attorneys can do it!
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Stage Your Front Entrance to Make a Good First Impression
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Case Study: Facebook Ad CTR Jumps by 2000%
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Rob@Jupiter Real Estate: In Florida we have many condos located on oceanfro...
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Larry: It should almost be a necessity to have a swimming...
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New Media 4 Agents: I think we are past the stage of wondering if it w...
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Jim Wagoner: Good information we all should try to live by....
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Mike Pannell: Tony, i tried to sign my Wife up on your property ...
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