The Mortgage Bankers Association announced this morning that applications for mortgage loans, on a seasonally adjusted basis, increased 2.9 percent last week when compared to the week prior.
Jumbo Mortgage Rates More Affordable; Closer to Conventional Mortgage Rates
by Clayton Closson on May 14, 2008 in Market Update
The rates for the new jumbo-conforming mortgages created by Congress are being slashed and now envy the typical conventional mortgage rates usually reserved for loans under $417,000.
Getting the Best Possible Deal in Today's Real Estate Market
by Clayton Closson on May 13, 2008 in Home Buying
According to cnnmoney.com, here are 5 rules you should follow to get the best deal and value in today's real estate market.
Getting the Best Possible Deal in Today’s Real Estate Market
by Clayton Closson on May 13, 2008 in Mortgage Rates
According to cnnmoney.com, here are 5 rules you should follow to get the best deal and value in today's real estate market.
Finding a Home on the Web is Getting Easier
by Clayton Closson on May 13, 2008 in Home Buying
The New York Times ran an article yesterday about how finding a house for sale on the web is becoming easier. Home buyers can find real estate info on numerous websites, taking the control of housing data away from those that traditionally held it – real estate professionals.
For some brokers/smaller lenders, offering popular FHA loans not possible
by Clayton Closson on May 13, 2008 in Market Update
CNNMoney.com is reporting that mortgage brokers are becoming increasingly frustrated as Americans are turning to the trusty, government-backed FHA loans.
Mortgage Rates, FHA Loans: Analysis from BankRate
by Clayton Closson on May 13, 2008 in Mortgage Rates
The FHA loan cap has been raised, making FHA loans more attractive. This is just in time, as mortgage rates begin to rise for conventional home loan products, like 30-year fixed mortgages.
Easy Tips to Boost Your Home's Value and Appeal
by Clayton Closson on May 12, 2008 in Homeowners Tips
Moving or not, regular maintenance and minor improvements from time to time is the key to keeping your home's value intact – especially in a down market.
Easy Tips to Boost Your Home’s Value and Appeal
by Clayton Closson on May 12, 2008 in Mortgage Rates
Moving or not, regular maintenance and minor improvements from time to time is the key to keeping your home's value intact – especially in a down market.
Mortgage calculator: How much home can I afford?
by Clayton Closson on May 9, 2008 in Market Update
A mortgage calculator should answer questions, not ask so many that you're left baffled. Find out how a good mortgage payment calculator can tell you exactly how much home you can afford, and help you estimate the costs that you might not be thinking about as you shop for your new home.
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