Foreclosures : The Last “Great Deal” In Housing Is Endangered
December 15, 2011
The number of foreclosed homes for sale is dwindling, yet buyer demand for them surges. Remember that highly-publicized, 25% discount for buying a bank-owned home? It’s about to go away. If you’re looking at foreclosures, here’s where to find them.
The 5-10 Properties Program Is For Investors With More Than 4 Properties Financed
December 14, 2011
Fannie Mae’s standard mortgage guidelines include its 5-10 Properties Financed Program. Yet, most banks won’t offer it to the public. If you’ve ever been turned down by your bank for having more than 4 properties financed, here’s what to do about it.
Mortgage Rates : Reacting To The Federal Reserve’s December 2011 Statement
December 13, 2011
The Fed stood pat today. No change in policy and no QE3. Wall St didn’t expect that. In response, mortgage rates have dipped to new lows. Act quickly, though. Low rates never seem to last very long.
Want Rock-Bottom Mortgage Rates? Well, Beware Tomorrow’s Federal Reserve.
December 12, 2011
The Fed is expected to grease the mortgage markets with QE3, a new round of economic stimulus. When it does, mortgage rates will (finally) move. And move big.
15-Year Fixed Rate Mortgages Vs 30-Year Fixed Rate Mortgages
December 9, 2011
If you’ve ever thought of using a 15-year fixed-rate mortgage, talk to your lender. Mortgage rates are rock-bottom and there’s a lot to gain from “going 15″.
Jumbo And Super-Jumbo Mortgages : Rates Are Low And Guidelines Loose
December 8, 2011
The best jumbo mortgage lenders tend to make loans better than they market them. When you know how to shop for a jumbo mortgage rate, you can get a better loan.
After 5 Weeks Of “No Change”, Mortgage Rates Ready To Rocket Higher
December 7, 2011
The mortgage market is loaded up with 3 years of negative expectations. And, once those forces reverse, they’ll reverse quickly, sending mortgage rates soaring. It’s time to execute on that mortgage plan. Rates are poised to rise.
FHA Mortgage Rates Falling More Quickly Than Conventional Ones
December 5, 2011
There is a big advantage to “going FHA” these days — especially if you’re making a low downpayment purchase. FHA mortgage rates are lower than they’ve ever been as compared to conventional ones, and FHA mortgage insurance rates have yet to rise.
The Effect Of Low Mortgage Rates : A Sustained Housing Recovery Is Finally Underway
December 2, 2011
Maybe low rates matter after all. After months of near-4 percent mortgage rates, a bevy of housing data all points to the same conclusion — the housing market recovery is underway.




