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It Is Getting Harder to Buy a House
FHA to toughen rules for borrowers The Federal Housing Administration (FHA) is proposing raising minimum credit scores for borrowers who receive FHA-backed mortgages, increasing down payment requirements, and limiting the amount of money sellers can provide Read More...
Posted: Tuesday, December 08, 2009 7:59 AM by Liane Thomas | 0 Comments
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Changes in Home Loans May Affect You
Starting July 30, 2009, if the APR on an initial Good Faith Estimate is no longer accurate (within a 0.125% range) at close of escrow, a lender must generally provide a residential borrower with a new disclosure and a three-day right to rescind before Read More...
Do you qualify for an FHA loan?
So we had the joy of sitting with a really great couple over the weekend. This husband and wife were reviewing an offer that came in over the weekend on the home we are selling for them. We got to the part about the buyers loan, and they were really surprised Read More...
Are we near the bottom of the housing crisis? Freddie Mac says "YES"!
Freddie Mac says housing sales are near bottom Frank Nothaft, chief economist of Freddie Mac, said on Saturday that housing sales are nearing a bottom, with foreclosures accounting for a third of all sales. But you knew there's a "but" coming, Read More...
Interest Rate Snapshot April 03, 2008
Interest Rates are Great 30 Year Fixed 5.81% 15 Year Fixed 5.36% 5/1 Arm 5.59% 30 Year Fixed Jumbo 7.14% 5/1 Jumbo Arm 6.31% Thank You to Bankrate.com for providing the rates! Rates are subject to change and are based on several scoring factors including Read More...
Interest Rate Snapshot January 31, 2008
Interest Rates are Great 30 Year Fixed 5.52% 15 Year Fixed 5.01% 5/1 Arm 5.07% 30 Year Fixed Jumbo 6.60% 5/1 Jumbo Arm 5.66% Thank You to Bankrate.com for providing the rates! Can you believe these great rates?? If you are planning to buy a home in the Read More...
Interest Rate Snapshot January 25, 2008
Interest Rates are at 4 year lows! 30 Year Fixed 5.42% 15 Year Fixed 4.89% 5/1 Arm 5.00% 30 Year Fixed Jumbo 6.51% 5/1 Jumbo Arm 5.49% Thank You to Bankrate.com for providing the rates! Can you believe these great rates?? If you are planning to buy a Read More...
Interest Rate Snap Shot January 18, 2008
Interest Rates are Great! 30 Year Fixed 5.43% 15 Year Fixed 4.93% 5/1 Arm 5.14% 30 Year Fixed Jumbo 6.48% 5/1 Jumbo Arm 5.62% Thank You to Bankrate.com for providing the rates! Can you believe these great rates?? If you are planning to buy a home in the Read More...
Interest Rate Snapshot January 14, 2008
Interest Rates are Great! 30 Year Fixed 5.52% 15 Year Fixed 5.03% 5/1 Arm 5.26% 30 Year Fixed Jumbo 6.49% 5/1 Jumbo Arm 5.72% Thank You to Bankrate.com for providing the rates! Have you heard the news? Bank owned foreclosure homes are HOT! Homebuyers Read More...
Interest Rate Snapshot January 7, 2008
Interest Rates are Great! 30 Year Fixed 5.57% 15 Year Fixed 5.11% 5/1 Arm 5.36% 30 Year Fixed Jumbo 6.61% 5/1 Jumbo Arm 5.89% Thank You to Bankrate.com for providing the rates! Have you heard the news? Bank owned foreclosure homes are HOT! Homebuyers Read More...
Interest Rate Snapshot January 4, 2008
Welcome to our first update of the New Year! Interest Rates are Great! 30 Year Fixed 5.66% 15 Year Fixed 5.17% 5/1 Arm 5.41% 30 Year Fixed Jumbo 6.66% 5/1 Jumbo Arm 5.92% Thank You to Bankrate.com for providing the rates! Want a house for the New Year? Read More...
Interest Rate Snapshot December 31, 2007
Interest Rates are Great! 30 Year Fixed 5.84% 15 Year Fixed 5.38% 5/1 Arm 5.55% 30 Year Fixed Jumbo 6.73% 5/1 Jumbo Arm 6.06% Thank You to Bankrate.com for providing the rates! Want a house for the New Year? It is time to shop. There are a lot of homes Read More...
Interest Rate Snapshot December 27, 2007
Interest Rates are Great! 30 Year Fixed 5.91% 15 Year Fixed 5.46% 5/1 Arm 5.63% 30 Year Fixed Jumbo 6.76% 5/1 Jumbo Arm 6.11% Thank You to Bankrate.com for providing the rates! Want a house for the New Year? It is time to shop. There are a lot of homes Read More...
Interest Rate Snapshot December 20, 2007
Interest Rates are Great! 30 Year Fixed 5.80% 15 Year Fixed 5.36% 5/1 Arm 5.55% 30 Year Fixed Jumbo 6.70% 5/1 Jumbo Arm 6.05% Thank You to Bankrate.com for providing the rates! Want a house for the New Year? It is time to shop. There are a lot of homes Read More...
Interest Rate Snapshot December 14, 2007
Interest Rates are Great! 30 Year Fixed 5.81% 15 Year Fixed 5.39% 5/1 Arm 5.62% 30 Year Fixed Jumbo 6.71% 5/1 Jumbo Arm 6.10% Thank You to Bankrate.com for providing the rates! Thank you for visiting, and have a safe and happy weekend! Liane Thomas, REALTOR(R) Read More...
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