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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 toward closing costs. The proposed changes are part of an effort to shore up the ...
    Posted to Market Update (Weblog) by 278262 on December 8, 2009
  • 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 buyers' ...
    Posted to Market Update (Weblog) by 278262 on April 3, 2008
  • 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 home in the ...
    Posted to Market Update (Weblog) by 278262 on January 25, 2008
  • 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 ...
    Posted to Market Update (Weblog) by 278262 on January 18, 2008
  • 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 know these ...
    Posted to Market Update (Weblog) by 278262 on January 7, 2008
  • 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? It is time ...
    Posted to Market Update (Weblog) by 278262 on January 4, 2008
  • 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 on the market ...
    Posted to Market Update (Weblog) by 278262 on December 31, 2007