Ascent Home Loans

Archive for the ‘Purchase A Home’ Category

What? Haven’t you heard that the housing slump is over with? You must be seeing the same news reports I am? News reporters expounding that both the new and pending home sales are up. Come on everybody let’s jump in now before it is too late! For the past few months that’s all the news Read the rest of this entry »

I’m sure many of you have heard over the past few weeks, or maybe even saw some of the advertisements touting that FHA will now allow First-time Home buyers to use the stimulus packages $8000 tax credit as a down payment for Read the rest of this entry »

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 »

“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 »

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 »

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 »

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 »

There has been much hoopla about the changes that have been made for the past year in regards to Fannie Mae, Freddie Mac and FHA. Freddie and Fannie have created Agency Jumbos along with FHA creating it’s own FHA Jumbo loan program. Loan limits have been raised to Read the rest of this entry »

Over the past year since the mortgage and housing implosion has started, we have only heard about Fannie Mae this and Freddie Mac that. Mortgage companies have come and gone, some deservedly.  Fannie, Freddie and FHA maximum loan limits have been adjusted upwards thanks to Read the rest of this entry »

With less than 30 days left until April 15th, many homeowners are scrambling to get their paperwork together for their tax preparer appointment.  In all the frustrated and anxiety filled moments before the meeting, many homeowners may forget Read the rest of this entry »