On Friday, the Texas Department of Insurance (TDI) adopted a rate increase of 3.8% to the Basic Premium Rate for Title Insurance that will go into effect May 1, 2013. What does this mean? Closing costs will go up beginning May 1st. If you are considering selling a property, act now to try to save… Continue reading Closing costs will increase starting May 1st. Sell now!
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
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?
WASHINGTON, D.C. (FannieMae.com) – Fannie Mae announced yesterday that it will suspend evictions of foreclosed single-family and two-to four-unit properties from December 19, 2011, through January 2, 2012. During this period, legal and administrative proceedings for evictions may continue, but families living in foreclosed properties will be permitted to remain in the home. Homeowners with Fannie… Continue reading What Fannie Mae is giving some homeowners for the holidays. (But only to those who don’t pay their bills.)
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?
Vets and Reserves/National Guard will get a significant benefit October 1st. Check the chart below to see how much they’ll save in fees. We hope this helps you help our military folks become homeowners! If you have any questions about this or a specific situation, please don’t hesitate to email or call. For more… Continue reading VA Funding Fee Changes Effective October 1, 2011
30-year mortgage falls to 4.12 pct., record low Read the full story 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 at http://FindHomesInDFW.com Nicole Tucker ~ Making… Continue reading Fixed mortgage rates fell this week to the lowest levels in six decades
July 2011 (numbers are year to date) 2010 % (+/-) Current Active Residential Listings 111 109 -1% Average Residential List Price $221,489 $223,388 -1% Average Residential Market Time (days) 107 103 +4% Residential Homes Sold 76 62 +23% Average Number Of Sales Per Month 12.7 10 +27% How Many Months Inventory 9 11 -18%… Continue reading Woodbridge Neighborhood Statistics – July 1, 2011
REALTOR® Magazine-Daily News-Fannie Revamps Rules on Delinquent Loans. 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 at http://www.NicoleRE.com. Nicole Tucker ~ Making Real Estate Real… Continue reading REALTOR® Magazine-Daily News-Fannie Revamps Rules on Delinquent Loans
If you are still on the fence about buying a home, you should know that the Federal Housing Administration (FHA) is increasing mortgage annual (monthly) insurance premiums on FHA home loans as of April 18, 2011. This applies to FHA case assignment date. (And this applies to new purchase and refinances!)This increase could cost you more… Continue reading FHA Annual Mortgage Insurance Premium Increase Soon