Rates Off; “Stated Income” Program Is Asset-Based

30 Year Fixed Rate Loan at a Cost of One Point: 3.75%* Rates are off a bit today as a result of an improvement in the jobs/employment picture. Just to repeat … [Read more...]

Rates Hold; No MI to 95% LTV? Yes, But We Like Monthly MI Better

30 Year Fixed Rate Loan at a Cost of One Point: 3.75%* Rates remain low for the same old reasons: (1) weak overall economy; (2) Federal support; (3) troubles … [Read more...]

Tuesday Rate Quotes – Rates Remain Steady and Low

Below are 7 Scenarios and related rate quotes. Please let us know if you would like quotes for other scenarios. 30 Year Fixed Rate CONFORMING: Loan at a Cost … [Read more...]

Rates Hold; Rates Improve Slightly; Impressed Realtor Loved How We EDUCATE All Buyers

30 Year Fixed Rate Loan at a Cost of One Point: 3.75%* Rates remain remarkably low in the short run (for 30 day locks). But, many lenders have already bumped … [Read more...]

Rates Hold; Conventional Financing 2 Years After Foreclosure; Up To 10 Mortgages

30 Year Fixed Rate Loan at a Cost of One Point: 3.75%* Rates remain very low, and we continue to lock and lock. Yesterday, we got another Wells Fargo loan … [Read more...]

The Voorhees/Kim Daily Comments: Rates Hold; Government Fees Push Rates Up; Met Life Closes Doors

30 Year Fixed Rate Loan at a Cost of One Point: 3.75%* Rates are off a bit from last week's lows, but they remain remarkably low. The reason is strong demand … [Read more...]

Tuesday Rate Quotes; Rates remain low, but are expected to increase significantly in the coming week

We expect rates to increase significantly by next week bc of the increase in "g-fees" to pay for the recently passed pay-roll tax cut Below are 7 Scenarios and … [Read more...]

Rates Improve; Order “Fresh Credit” On Day of Short Sale

30 Year Fixed Rate Loan at a Cost of One Point: 3.75%* We have several pre-approved borrowers who are selling their homes via "short sales" (upon sale they will … [Read more...]

Rates Hold; FHA MI Required MORE Than 5 Years for Purchases; 78% of Price

30 Year Fixed Rate Loan at a Cost of One Point: 3.75%* Rates are holding relatively steady despite a moderately positive jobs report. Mortgage Insurance for … [Read more...]

Rates Up Marginally; “Kiddie Single Family Residence” Loans – Not Just Condos

30 Year Fixed Rate Loan at a Cost of One Point: 3.75%* Rates lost ground yesterday in late day trading but are holding steady today despite a relatively positive … [Read more...]