Archive for the ‘Interest Rates’ Category
Refinancing At Low Interest Rates Coming To An End
May 15th, 2009
Many potential borrowers have been hearing encouraging news lately in regards to the real estate market. In fact, today the numbers were released for construction spending and pending home sales showing Read the rest of this entry »
Posted in Interest Rates, Loan, Mortgage, Refinance | 
Tags: bernake, billions, borrowers, economic indicators, encouraging news, fed chairman, fed funds rate, federal reserve, feds, geither, higher interest rates, hype, inflation, infusion, Interest Rates, joint economic committee, lows, mortgage backed securities, oversight committee, rapid pace, sidelines, sixes, treasury secretary, trillions | 
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Fannie Mae Refinance Loan Program To Help Borrowers
April 28th, 2009
For many borrowers it has been a long and hard road over the past months to try to refinance their homes. Credit has been tight, mortgage companies are making it Read the rest of this entry »
Realize You Must Seize the Day
February 26th, 2009
“Seize the day, and put the least possible trust in tomorrow.”
Horace quotes (Ancient Roman Poet. 65 BC)
The above words were never more true in today’s mortgage climate. As I mentioned in my previous blog, “Refinance and Purchase Why Not Wait?”, I explained why it was not wise to wait to Read the rest of this entry »
Posted in Credit Score, Fannie Mae, Freddie Mac, Interest Rates, Loan, Loan Process, Mortgage, Purchase A Home, Refinance, Stimulus Package |
Tags: 3 years, ancient roman poet, banking system, climate, congress, credit report, economic crisis, Fannie Mae, fence, Freddie Mac, freddie mac underwriting guidelines, horace, instances, interest rate, lenders, loan application, loan officer, necessary documentation, rate quotes, senate, Stimulus Package |
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Why Not Wait To Refinance Or Purchase A Home
January 22nd, 2009
Every month the mortgage industry and also the federal government report on whether mortgage applications have increased or decreased. Since the government has started purchasing loans, interest rates have fallen Read the rest of this entry »
Posted in Interest Rates, Loan, Mortgage, Purchase A Home, Refinance, Stimulus Package, Tarp |
Tags: 30 year fixed, acquisitions, anticipation, banks, borrowers, bottom lines, chief executives, credit cards, daily basis, dream home, federal government report, governments, high interest, inflation, Interest Rates, lenders, lending institutions, losses, lower interest rates, mortgage applications, mortgage industry, option arm mortgages, Tarp, what this means |
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Fed Intervention Lowers Interest Rates
December 10th, 2008
Many of you may remember when the Fed issued the statement that they would be taking over Fannie Mae and Freddie Mac that interest rates dropped 5/8 to 3/4 of a point overnight. That had been a drop Read the rest of this entry »
Posted in Fannie Mae, Freddie Mac, Interest Rates, Loan, Mortgage, Purchase A Home, Refinance |
Tags: adjustable interest rate, borrowers, current rates, different story, fannie freddie, Fannie Mae, fannie mae and freddie mac, Freddie Mac, gnma, good time, housing market, Interest Rates, mortgage backed securities, perfect home, Purchase A Home, Refinance, refinancing |
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Mortgage Interest Rates Fall-For Now
September 28th, 2008
Over the past year, there have been numerous failures in the banking and lending industries. Even the government tried with it’s own feeble attempts to Read the rest of this entry »
Posted in FHA, Housing Recovery Act, Interest Rates, Loan, Mortgage, Purchase A Home, Refinance, Stimulus Package |
Tags: billions of dollars, borrowers, Credit Score, debt to income ratio, Fannie Mae, fannie mae and freddie mac, feeble attempts, fhasecure, fixed rate, Freddie Mac, housing market, instances, interest rate, ltv, mortgage interest rates, option arm loans, takeover |
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Who Exactly Sets The Interest Rates?
June 11th, 2008
Over the past few months I have had both current clients and potential clients calling and asking why haven’t the interest rates dropped more. “The Fed Funds Rate is really low.” “How long will it take for mortgage rates to go down ?” “I’m going to wait a little longer, I know they will Read the rest of this entry »
Posted in Conforming Loan, Fannie Mae, Freddie Mac, Interest Rates, Jumbo Loans, Loan, Mortgage |
Tags: 10 year treasury, chicago board of trade, conforming loan limit, conforming mortgage, Fannie Mae, fannie mae and freddie mac, fed funds rate, federal reserves, Freddie Mac, hand signals, initial rates, jumbo loan, jumbo market, jumbos, loan range, money supply, mortgage interest rates, mortgage rates, Stimulus Package, term mortgage |
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Locking Or Floating A Loan
April 25th, 2008
Over the past few months, I have had the same recurring questions from borrowers in regards to what is meant by locking or floating a loan. Both principles are pretty straight forward and Read the rest of this entry »
Time To Refinance With The Coming Changes In FHA?
December 12th, 2007
The Senate has recently passed Senate Bill S 2338 which changes dramatically the structure of the standard FHA program. In recent years FHA programs have not been used to any extent here Read the rest of this entry »
Posted in Credit Score, FHA, Fannie Mae, Freddie Mac, HUD, Interest Rates, Loan, Mortgage, Purchase A Home, Refinance |
Tags: adjustable rate mortgages, borrowers, competitive interest rates, conforming loan limits, extent, extenuating circumstances, Fannie Mae, fannie mae and freddie mac, federal government, fha loan limit, fha loans, fha program, fha programs, Freddie Mac, lenders, median home prices, s market, senate bill |
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