Home ownership is even more affordable! Obama is instructing the Federal Housing Administration to reduce mortgage insurance 50 points – from 1.35% to 0.85%. This decrease is available for new home loans or refinances. Read more here. For more information on building, buying, selling or leasing commercial or residential property anywhere in the world, contact… Continue reading Home ownership is even more affordable! FHA reducing MI
Information Provided by: Joe Boggs, Residential Mortgage Loan Originator, Integrity First HOME LOANS RMLO NMLS# 240123 Sponsored by NTFN, Inc. NMLS# 75333 972-918-0404 jboggs@IntegrityFirstHL.com Apply online at: http://www.integrityfirsthl.com/ For more information on building, buying, selling or leasing commercial or residential property anywhere in the world, contact Nicole Tucker, licensed agent with Keller Williams Realty… Continue reading New FHA Loan Limits
DFW loan limits for 2014 will be $287,500 for a single family home! For more information on building, buying, selling or leasing commercial or residential property anywhere in the world, contact Nicole Tucker, licensed agent with Keller Williams Realty Central at 972-992-8204 or visit my website at http://FindHomesInDFW.com Nicole Tucker ~ Making Real Estate… Continue reading New Higher FHA Loan Limits for DFW beginning January 1, 2014
The past week can be characterized by its lack of significant economic news, and there has been no apparent progress in Congress in reaching an agreement on critical fiscal issues. Economic reports normally produced by the government are not being released during the shutdown. Without much new information, mortgage rates ended the week with little… Continue reading Shutdown Continues – How does it impact buying a home?
Number of 2012 home buyers rejected by the top 10 mortgage lenders *Applications denied for these lenders includes preapprovals denied Source for data: Federal Financial Institutions Examination Council Source for largest lenders: Inside Mortgage Finance A home loan refused by one bank might be approved by another! If you have been denied an approval from… Continue reading The bank that rejects the most mortgages
With mortgage interest rates and home sales prices rising, some may think that it is cheaper to rent than to buy. In almost all cases, this is not true. While interest rates have risen in the last few months, they are still at very low levels. And, home sales prices have increased too but most… Continue reading Is it still cheaper to buy vs renting?
Many people have gone through hard financial times. Especially within the last few years. This does NOT mean the end to your home ownership dreams! The following chart shows when you may become eligible for a home loan after a financial set back. Loan Eligibility After a Bankruptcy, Foreclosure or Short Sale For more… Continue reading Loan Eligibility After a Bankruptcy, Foreclosure or Short Sale
Excerpts from OutFront magazine by Keller Williams Realty, THIRD QUARTER 2012, VOL. 9 NO. 3: Jim (McKissack): We would ask questions like, “What are you doing to do when you quit working?” My biggest aha was that maybe one out of every 25 people we talked to had even thought about a plan for their… Continue reading Since it’s Election Day and we’re all focused on the future today: What are you going to do when you quit working?
Wanna know how much money you can save per month by buying a home instead of renting? Look here For more information on building, buying, selling or leasing commercial or residential property anywhere in the world, contact Nicole Tucker, licensed agent with Keller Williams, Dallas Preston Road office at 972-992-8204 or visit my website… Continue reading Rent vs. Buy: Which is Cheaper for You?
Mortgage interest rates are not set by banks, lenders or brokers. Mortgage interest rates are based on mortgage-backed securities (MBS), which trade just like regular stocks and bonds. In essence, if MBS selling volume is lower, bond yields and mortgage interest rates increase. Conversely, if MBS selling volume is higher, bond yields and mortgage interest… Continue reading What Drives Mortgage Interest Rates?