If you've been thinking 2011 is the year for you to purchase a new home you may be weighing whether to purchase before rates climb... Read More
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February 2011 Mortage Articles
Home price and sales data show weaker housing markets
February 28th, 2011Trust yourself, trust your home
February 22nd, 2011Every newspaper has a section where, if you are in it, you will not be able to read your name and the story. It is the obituary section. Reading... Read More
Mortgage rates remain above 5 percent as consumer prices rise
February 18th, 2011There is a relationship between prices you pay in the store and the rate on your new home loan or refinance mortgage. This week two key indexes on prices were... Read More
No payments? No Closing Costs? Lower interest rate?
February 15th, 2011There are many ways a seller can participate to assist you with your new home loan and home purchase. Fannie Mae, Freddie Mac and FHA guidelines allow for the seller... Read More
Rates at 10 month high, White House proposes changes for Fannie-Freddie
February 12th, 2011While the world was focused on events in Egypt this week some major news was occurring at home for the mortgage industry. The industry took a look back and speculation... Read More
More Americans decide to rent despite better home affordability
February 08th, 2011Reports by the U.S. Census Bureau and the National Association of Realtors (NAR) indicate fewer mortgages are part of families’ new housing decisions. The philosophy of homeownership has also changed... Read More
Mortgage rates rise for third straight week
February 04th, 2011In spite of rising tensions in Egypt and elsewhere, it appears foreign affairs had little impact on mortgage rates this week. New home loan and mortgage refinance applicants are continuing... Read More
Buying a new home? Will you need 20 percent down payment?
February 02nd, 2011It is not unusual for legislation made in Washington to have unintended consequences in Madison, or Tulsa, or Denver. Such is the case with the Dodd-Frank Act that... Read More
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