June 9, 2017

Many of our clients tell us that they want to buy a home, but are not sure what kind of loan they should pursue. Given that most lenders offer numerous types of mortgage products, we understand that a prospective homeowner may end up feeling confused.  Hence, in order to help clients climb out of this conundrum, we’ve put together a few concepts we hope will empower home buyers to...

August 18, 2016

I have a personal invitation for you: We're going LIVE with Q & A at 2pm Eastern on Wednesday the 24th: >>> Save Your Spot, Click For More Info, Register Now Learn How YOU can Get upwards of $250,000 in Unsecured, Business Credit at 0% Interest for EXTENDED introductory periods of time… …And How People With Credit Challenges Can Be Made Whole, And Get Business Credit Lines...

April 2, 2014

Not so long ago, lenders gave out mortgages to potential homeowners without doing their due diligence. Often, no down payments or documentation were needed. As a result, the global economy suffered and the housing market crashed. There was the Adjustable Rate mortgage (ARM) with a low interest rate for a couple of years – then it could suddenly go up as much as three times the original payment. ...

June 14, 2013

Banks are revving up their efforts to take back homes. In May, according to RealtyTrac, completed foreclosures were up 11 percent from the previous month (38,946 in May vs. 34,997 in April). In addition, it was the first time in five months the total had risen. Foreclosure starts also are on the rise, going up four percent from April – but were still down a full third from May 2012 (source). Why...

June 12, 2013

The housing market is showing a great deal of growth these days, and there are a number of studies to support this theory. According to FHFA (Federal Housing Finance Agency) pricing data the price of homes across the country rose 6.7% when compared to the same period of time in 2012 (source).These numbers are also up 1.9% from the fourth quarter of 2012, and all told, 41 of the 50 states (as well ...

June 12, 2013

According to a recent CNN.com article, the days of too-good-to-be-true mortgage interest rates below four percent will soon be just that. As recently as early May, the rates for a fixed mortgage were at 3.3%, but in the last week of that month they had already escalated to 3.91% (compared to 3.67% at the same time a year ago). Even those seeking a 15-year mortgage saw rates jump to 3.03%. What has...