Rates Hold; Credit Seasoning from Foreclosure, BK, Short Sale?

30 Year Fixed Rate Loan at a Cost of One Point: 4.625%* Rates got slightly better upon news of Japan's earthquake, but they have come back since. They now hover … [Read more...]

Rates Hold; FHA Loans “Assumable”; No Other Loans Are

30 Year Fixed Rate Loan at a Cost of One Point: 4.75%* Rates did not move today, as little economic news surfaced. Interestingly, rates are improving right now … [Read more...]

Tuesday Rate Quotes; Rates Better Than Yesterday and Last Week

30 Year Fixed Rate CONFORMING Loan at a Cost of One Point: 4.75%* *Assumes: 20% Down; Credit Score above 740; Loan Amount Less than $417,000; Owner-Occupied; Single … [Read more...]

Rates Improve; Closing Cost Credits – Revisited

30 Year Fixed Rate Loan at a Cost of One Point: 4.75%* There is very little economic news this week, and rates came out worse early this morning. But, they have … [Read more...]

Rates Hold; Automated Approval Does NOT Mean “PMI” Approval

30 Year Fixed Rate Loan at a Cost of One Point: 4.75%* Rates got slightly worse this morning on news that unemployment dropped below 8.9%, but they improved as … [Read more...]

Paying Down Loan on “Departing Residence” To Use Rental Income

30 Year Fixed Rate Loan at a Cost of One Point: 4.75%* Rates got worse today, as new claims for jobless benefits improved unexpectedly, and retail sales numbers … [Read more...]

Rates Hold; 31% of Purchases are Cash; $5,000 = Payment of $26

30 Year Fixed Rate Loan at Cost of One Point: 4.75%* Rates are about the same as yesterday, although we are quoting a higher rate today b/c Citi is no longer … [Read more...]

Rates Come Back in Late Day Trading; Bid Aggressively; Quote from “Deal Chaser”

30 Year Fixed Rate Loan at a Cost of One Point: 4.625%* (for loan amount below $417,000) 30 Year Fixed Rate Loan at a Cost of One Point: 4.875%*(for loan amount … [Read more...]

Rates Improve Marginally; Gift Funds – A Few “Rules” to Note

30 Year Fixed Rate Loan at a Cost of One Point: 4.75* Unemployment numbers improved and oil prices shot up, and normally this news would push rates upward. But, … [Read more...]

Rates Hold; Watch “LOAN LIMITS” in Cheaper Areas; Portfolio Alternatives

30 Year Fixed Rate Loan at a Cost of One Point: 4.75%* Rates held, as the turmoil in the Middle East continues to send investors to "safe haven" U.S. Treasuries. We … [Read more...]