Real Estate Industry Blog » Mortgage

HARP Refinance – Obama Program to Help Underwater Owners

Jonathan Blackwell — Fri, 10 Feb 2012 03:53:47 +0000

HARP Refinance Program Originally started in April 2009, the Home Affordable Program (HARP) is refinance program designed to assist underwater homeowner’s with Fannie Mae / Freddie Mac mortgages. If you have a jumbo mortgage, FHA loan, VA or USDA loan the HARP is not for you. You have other options, HARP 2.0 is not one of them. [...]

Homes with swimming pools for sale in Mesa AZ

James Sanson — Tue, 31 Jan 2012 17:11:34 +0000

Homes with swimming pools for sale in Mesa AZ There are 276 homes for sale in Mesa AZ with private swimming pools as of 01/31/2012 priced from $62,000 to $3,300,000 with a median price of $257,450, and an average price of $377,126. This tells me if you want a swimming pool in Mesa AZ you [...]

Homes for sale in Mesa AZ – Mesa AZ Real Estate listings

James Sanson — Tue, 31 Jan 2012 07:39:38 +0000

Homes for sale in Mesa AZ – Mesa AZ Real Estate listings There are 1410 homes for sale in Mesa AZ as of 01/31/2012 priced from $9,900 to $3,300,0000 with a median price of $148,450, and an average price of $209,982. This means you will find Mesa AZ Real Estate listings for everybody who is [...]

Home Affordable Refinance Program (HARP) – Help for Underwater Homeowner’s

Jonathan Blackwell — Fri, 27 Jan 2012 02:29:37 +0000

Home Affordable Refinance Program – HARP 2.0 The concept is simple, allow underwater homeowner’s to take advantage of historically low mortgage rates by refinancing regardless of their equity position. Responsible homeowner’s who have stuck by their home will then use the HARP 2.0 savings to buy consumer goods, hire more employees for there small business [...]

Mortgage Rates Hit Record Low—Again

John E. Miller — Wed, 18 Jan 2012 20:16:24 +0000

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 [...]

Market Update for Tuesday 12-27-2011

CRESTICO — Wed, 28 Dec 2011 03:56:44 +0000

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 [...]

New VA Loan Limits for California in 2012

Tim Storm — Mon, 12 Dec 2011 06:08:01 +0000

The California VA loan limits for 2012 have been adjusted down, at least for “high cost” counties like Orange, Los Angeles, and San Diego. The 100% financing VA loan limit has been $700,000 in 2011, but will drop to $621,000. While there was some hope the 2011 limit would remain in place, it’s not too [...]

Paying the Credit Card Before the Mortgage

Hank Miller — Thu, 08 Dec 2011 12:43:02 +0000

The Atlanta Journal Constitution reports that a new trend is apparent; homeowners are paying the credit card before the mortgage. Historically, Americans protected their house payment and were more apt to be delinquent on credit card payments, said Charlie Wise, the company’s director of research and consulting. But crashing home values and desperation have caused that [...]

Shopping for a Utah Home? Shop for a Utah Loan

Joel Carlson — Mon, 05 Dec 2011 18:24:23 +0000

Know exactly what you’re getting when shopping for a home loan. by Joel Carson Despite many lenders’ tight purse strings today, a Utah home loan is still well within your reach. Discount housing prices make this the perfect time to buy a Utah home and settle into your piece of the American Dream! Did you [...]

Attention U.S. Government: It is Time to Act

John E. Miller — Fri, 02 Dec 2011 20:20:33 +0000

The current economic situation within our country and the prolonged foreclosure crisis is becoming entirely too much for many people to handle. Recently, information was released that indicated that the Feds provided banks with $7.7 trillion in bailout money that was kept secret from American taxpayers. This information has made struggling homeowners and those who [...]