Rates Hold; The Fed Does Not Control Mortgage Rates

30 Year Fixed Rate Loan at a Cost of One Point: 3.875%* Rates remain higher, as the economy continues to show signs of strength. Last week we were coaxing … [Read more...]

Tuesday Rate Quotes: Rates Better Than Yesterday’s; Higher Than Last Week’s

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 Improve Marginally; Beating the “Flip” Dead Horse Again

30 Year Fixed Rate Loan at a Cost of One Point: 3.875%* Rates improved a bit Friday and came back a bit more today. A "Flip" is a property that was purchased … [Read more...]

Rates Remain Higher; Real Estate as Inflation Hedge Again/Warren Buffet’s Advice

30 Year Fixed Rate Loan at a Cost of One Point: 3.875%* Rates remain higher, as better than expected unemployment numbers surfaced along with higher than … [Read more...]

Rates Up; Deeding Off Title Doesn’t Get You “Off the Loan”; What To Do?

30 Year Fixed Rate Loan at a Cost of One Point: 3.875%* Rates continued their climb yesterday, as investors sold off mortgages and other bonds in mass. Again, … [Read more...]

Rates Shoot Up; Conventional Loan w/ 3% Down Payment vs. FHA?

30 Year Fixed Rate Loan at a Cost of One Point: 3.875%* Rates shot up markedly yesterday for two reasons. First, a surprisingly large improvement in retail … [Read more...]

Tuesday Rate Quotes; Rates Remain Relatively 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 Improve; CHDAP Down Payment Assistance Gets Better; Only 1/2% Down!

30 Year Fixed Rate Loan at a Cost of One Point: 3.625%* Rates improved Friday in spite of the "good news" that surfaced in Europe in regard to the Greek debt … [Read more...]

Rates Up; What Exactly Are Fannie, Freddie, FHA, Ginnie Mae, HUD, Conforming?

30 Year Fixed Rate Loan at a Cost of One Point: 3.625%* Rates climbed a bit today. Positive developments with the Greek debt situation and strong payroll numbers … [Read more...]

Rates Improve; Skip Condo Because High HOA Dues Can Buy More House; $100 = $20,000

30 Year Fixed Rate Loan at a Cost of One Point: 3.625%* Rates improved slightly in the face of marginally increasing unemployment claims. Once again, increasing … [Read more...]