As everyone knows, buying a home is stressful and one of the most important decisions that one has to make is what kind of mortgage to get. Choosing the mortgage that works best for you and addresses your specific needs can potentially save -or cost you -thousands of dollars over the length of the m ...
Many people have jumped on adjustable rate mortgages to take advantage of the historically low interest rates we have seen over the last few years. Rates are now rising, which means you need to understand caps. Adjustable Rate Mortgages Talking About Interest Rate Caps An adjustable rate mortgage is ...
By February, 2010 we will have begun the second wave of home mortgage resets, which will continue through 2011. See the rest here: Nov. 9, 2009: Mortgage Rate Resets - the second wave begins
Friends: The market is going in our favor this morning. Not enough to make rates change down. Stock market is down, bond market in our favor, crude oil down, dollar up. All the indicators which should force our rates down. Thanks!!! Steve Mortgage Tip of the Day: Fannie Mae will make a loan on a two ...
Making Home Affordable Act Listen up everyone! If your mortgage is more than your home’s value, you may have an option for refinancing. Now, the loan’s not for everyone, but it will help a lot of people. Thanks to the Making Home Affordable Act, a new mortgage product was introduced. It’s called the ...
Friends: Not much happening today in the financial world. Rates are the same as yesterday with no movement. 30 year fixed still in the 4%’s. Thanks!!! Steve Mortgage Tip of the Day: A new Federal Law that came out this summer that does now allow us lenders to close a loan faster than 7 calendar days ...
My “homework” for @ ClearyQ is due end of day - - working working # B.C. October real estate sales highest for the month in 6 years http://tr.im/Fch4 (In Metro Vancouver avg MLS home price up 15% # Powered by Twitter Tools
Friends: The market went in our favor dramatically yesterday afternoon but fell back against us this morning. Things are the same as yesterday. Thanks!!! Steve Mortgage Tip of the Day: The Arlington Bank does not charge a fee for a preapproval. Our preapproval is good until something negative happen ...
Anyone who has been watching the mortgage market closely has seen a pretty constant decline in rates this month, following a small jump last month. Today, the 30 year mortgage rate national average hit 5.09% APR, the lowest it has been since it reached the same level last month on October 5th. What ...
