Mortgage & Finance Articles

4,679 Posts
IT'S TIME FOR BUYERS TO GET OFF THE FENCE!
15 December, 2009| Home Buying, Housing Market, Mortgage & Finance
FHA is considering changing some of its criteria.  Right now buyers receive/qualify for the following:   3.5% minimum down payment; buyers can request up to 6% of sales price to be paid by... read more
Mortgage Relief Plan
14 December, 2009| Affordable Housing, Foreclosures & Investments, Mo...
The mortgage relief plan allows eligible homeowners who are at risk of loan default to reduce their mortgage interest to as low as 2% for five years.  Sadly, only about 4 percent of the 760,000 h... read more
How Filing Your Homestead Exemption Now Could Pay...
14 December, 2009| Home Selling, Mortgage & Finance, Property Taxes
Within the last weeks I noticed that two of my clients whose homes I recently sold never filed for a homestead exemption! A homestead exemption helps you save on taxes on your home (among other bene... read more
Mortgage Rates Creep Back Up
11 December, 2009| Home Buying, Housing Market, Mortgage & Finance
Mortgage Rates Creep Back Up After last week's decrease to a record 4.71 percent, interest on 30-year fixed mortgages rose to 4.81 percent this week, Freddie Mac reported. While the Federal Reserve's... read more
Potential FHA Changes / Act Now
10 December, 2009| Affordable Housing, Home Buying, Mortgage & Financ...
Potential FHA Changes / Act Now To say the mortgage landscape has been undergoing change is an understatement.  Conventional loans have become so difficult to qualify for that the majority of lo... read more
KEEPING TRACK OF YOUR CREDIT
9 December, 2009| Home Buying, Mortgage & Finance, General
When preparing to purchase a home, It is important to have a decent credit record.  If you have lots of late payments, declared bankruptcy, or left old debts unpaid, it is harder to get a mortgag... read more
SHORT SALE GUIDELINES REVISED
8 December, 2009| Foreclosures & Investments, Housing Market, Mortga...
Short Sale Guidelines Revised WASHINGTON (Associated Press) – Guidelines for short sales to help homeowners who need to sell their houses but cannot secure contracts at a high enough price to pay o... read more
FED PUTS PRESSURE ON MORTGAGE INDUSTRY
8 December, 2009| Housing Market, Mortgage & Finance, General
Fed Puts Pressure on Mortgage Industry WASHINGTON (Associated Press) – Treasury Department officials yesterday announced plans to increase pressure on the 71 mortgage companies participating i... read more
10 STEPS TO PREPARING THE FIRST TIME HOMEBUYER: S...
8 December, 2009| Home Buying, Mortgage & Finance, Relocation & Newc...
ATTENTION FIRST-TIME HOMEBUYERS:The lending rules for home mortgage loans have changed since the housing bust took place over the past few years.  Lending rules are much more strict, as you have... read more
Still A Historic Time to Buy
7 December, 2009| Home Buying, Mortgage & Finance
Tax credits and low rates continue.   On November 6th, President Obama signed into law an extension and expansion of the first time homebuyer credit for contracts executed before April 30th.... read more
Can a Person Purchase a HUD Home with $100 Down Pa...
1 December, 2009| Affordable Housing, Home Buying, Mortgage & Financ...
Can a person purchase a HUD home with $100 down payment?  HUD is offering a $100 Down Payment Initiative for owner occupants purchasing a HUD Home with FHA financing.  This in... read more
Interest Rates
30 November, 2009| Mortgage & Finance
Interest rates are extremely low, right now.  Please, contact me for information on mortgage lenders to help you with purchasing a home or a refinance. read more
MONEY SAVING TIPS FOR THE HOLIDAYS!
30 November, 2009| Mortgage & Finance, General, Education
Money Saving Tips For The HolidaysBy Dana DratchSource: www.Bankrate.com If you take a little taste of the holidays now, you could be way ahead of the game come Dec. 1. "The less tim... read more
FREE CREDIT REPORT
26 November, 2009| Home Buying, Mortgage & Finance, Education
Many of todays consumers are totally unaware that they are able to get a free annual credit report from each of the 3 major credit bureaus. Checking your credit is not only benificial to see what your... read more
Government Extends First-Time Home Buyer Tax Credi...
25 November, 2009| Home Buying, Mortgage & Finance, General
  Published in The Houston Chronicle, Sunday, November 22, 2009 It’s official, President Obama has signed a bill that extends the tax credit for first-time home buyers (FTHBs) into the first... read more