Shopping For The Right Mortgage

The Difference Between Pre-Qualification and Pre-Approval

3.75% Mortgage Rate!!!

First Time Homebuyer Tax Credit Extended Into 2010! Plus...A New Tax Credit for Certain Existing Ho
First Time Homebuyer Tax Credit Extended Into 2010! Plus...A New Tax Credit for Certain Existing Home Owners! It's official. President Obama has signed a bill that extends the tax credit for first-time homebuyers (FTHBs) into the first half of 2010. This program had been scheduled to expire on November 30, 2009. In addition to extending the tax credit of up to $8,000 through June 30, 2010, the extension measure also opens up opportunities for others who are not buying a home for the first time. So Who Gets What? The program that has existed f

Are You In for a Trick or Treat? Learn What Remains for Those Seeking a Home or Loan
Are You In for a Trick or Treat?Learn What Remains for Those Seeking a Home or Loan   The last weekend in October you were likely treated to a host of Halloween characters, all in search of treats, not tricks. People searching for a new home or a mortgage, whether they donned a costume or not, may have gotten a little of both. Home loan seekers have been t

Mortgage Rate Update
Mortgage Rate Update Rate Lock Duration Lock durations can vary for mortgage financing, but most lenders lock in the interest rate for 60 days from the date the loan application is submitted. As long as the loan is closed within that lock-in period, the lender honors the agreed upon interest rate.Some consumers are misled by advertising that quotes unrealistically low rates based on 15- or 30-day lock durations. This is called 'short-pricing.' The lender basically knows the borrower d

Practical Tips To Enhance Your Financial Freedom
Practical Tips To Enhance Your Financial Freedom   Fixer-Uppers Made Easy If you've been passing up on buying a home because of the expense of anticipated cosmetic repairs, you're missing out on a g

Mortgage Rate Update
Mortgage Rate Update Interest Rates Change Daily Interest rates change constantly, but it is important to know that rates are cyclical. If rates are currently at historical lows then we know there is a strong probability rates will go up again, and vice versa. Certain economic indicators such as unemployment data, consumer price index, retail sales data, and consumer confidence all have an effect on mortgage interest rates. But the key factor to watch is the relationship between stocks and bonds.When the economy is slow and t