Getting Approved For A Mortgage : You Don’t Know Until You Try
August 31, 2011
As an active loan officer, let me be the first to say, it’s not as hard or difficult to be approved for a mortgage as you may have heard.
Buyers Market : Pending Sales Down and Contract Cancellations Up
August 30, 2011
Buyers market this fall? After 3 straight months of gains, the Pending Home Sales Index slipped 1 percent in July. Contract cancellations are up, too.
Buyers Market : Pending Sales Down and Contract Cancellations Up
August 30, 2011
Buyers market this fall? After 3 straight months of gains, the Pending Home Sales Index slipped 1 percent in July. Contract cancellations are up, too.
Fall 2011 : The New USDA / Rural Housing Mortgage Guidelines
August 29, 2011
Fall 2011 : The USDA mortgage program has new guidelines for buyers to follow. Review the changes in an easy-to-follow format.
Foreclosures As A Percentage Of All Home Sales, By State
August 26, 2011
In some states, more than half of home sales are for homes in foreclosure. Where does your state rank?
APR : Not The “Apples-To-Apples” Way To Compare Mortgage Rates
August 25, 2011
APR is the most easily manipulated number in the mortgage business.
30-Year Fixed Rate Loans Less Popular With Refinancing Homeowners
August 24, 2011
If you’re like a lot of U.S. homeowners, when you refinance, you’ll choose a shorter-term mortgage. 30-year loans are less popular these days. And think of all the money you’ll save.
Existing Home Sales Below 5,000,000 For The Fourth Straight Month
August 23, 2011
Existing Home Sales fell to 4.67 million units on a seasonally-adjusted annualized basis last month. It’s the fourth straight month below the 5 million mark and the report’s lowest reading since November 2010.
Refinance Your Mortgage Without “Starting Over” At 30 Years
August 22, 2011
You’ll pay 18% less mortgage interest at today’s mortgage rates as compared to April. No matter when you bought your home, it’s time to call a lender.
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