Tag: mortgage

A Bank and a Short Sale: A Drama

Real Estate Express 2012-08-20

The banking crisis is bleeding over all aspects of our lives: interest rates are plummeting, the value of the solar is dropping, and the cost of everything is going up. Meanwhile the weakened economy has jobs still scarce, pay stagnant, debts harder to pay,…

How low can they go?……Again

Real Estate Express 2012-06-11

Thought the 30-year fixed rate mortgage couldn’t get any lower? Think again! Last week another record low was announced, making this the sixth consecutive week of “record” low mortgage rates. Only a month ago we were boggling over the 3.83% record low, but each…

Mortgage rates drop again with mixed reviews

Real Estate Express 2012-05-16

Just when we thought they couldn’t get much lower, mortgage rates dropped again to reach new record lows. As mortgages become even more affordable, hopes are placed for further recovery in the reciprocal cycles of the housing market and economy. Thirty-year fixed mortgages are…

Get Preapproved, Not Prequalified

Real Estate Express 2012-02-03

If you have considered shopping for a home, then you are going to want to find financing for your purchase. In fact, a smart homebuyer will have done their financing research before they start looking for the home of their dreams. Showing sellers that…

Top 3 Mortgage Mistakes!

Real Estate Express 2012-01-13

Getting a mortgage can be challenging since the real estate market turned upside down. For those individuals who do not shy away from a challenge, the interest rates and affordability of homes has never been better. Qualifying for financing is a challenge, but definitely…

Mortgage Mistakes to Avoid When Buying Your Home

Real Estate Express 2011-11-25

Buying a home is the largest purchase that many of us will ever make. The loan that you get to make this purchase will be with you for a long time, so mortgage mistakes can be costly. Not taking the time to research what…

How Much Should Your Down Payment Be?

Real Estate Express 2011-10-18

Interest rates are so low and homes are so affordable right now, that many people are rushing to buy a home before interest rates start to rise. Although it is a great time to buy, and there are some low down payment mortgage loan…

Pre-approved or Pre-Qualified for a Mortgage?

Real Estate Express 2011-08-20

If you are considering buying a home, then you are are almost certainly going to want to find financing for your purchase. In fact, a smart home-buyer will have done their financing research before they start looking for the home of their dreams. Showing…

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