December 29th, 2010
Mortgage brokers have helped millions of Americans to shop for the best mortgage and purchase homes for their families. Once we complete a loan package and the closing is completed, others take over the servicing of the loans and collection of payments.
Filed under: Uncategorized | No Comments »
December 28th, 2010
Ah ... remember the "good old days?" How about 1984, when 30 year fixed rates hit 13%+? OK, maybe not so good. From 1985 through most of 1991, the same 30 year rate dropped from 11% to around 9%, so maybe better. With a notable peak in 1994 of around 9%, there was a general [...]
Filed under: Uncategorized | No Comments »
December 27th, 2010
Starter homes, and all homes for that matter, have always benefited from a steady influx of first time home buyers into the market. Most first time buyers are in the age bracket when families are being started, after college, and the buyers are frequently in their first job or career position. However, there are always [...]
Filed under: Uncategorized | No Comments »
December 22nd, 2010
Foreclosures in Las Vegas have dominated the housing market news for a couple of years now. Inventories continue to hold steady or rise, even though investors and buyers are taking them off the market through purchases. And, it's certainly big news about the lowest mortgage interest rates in decades. With investors pouring money into bonds [...]
Filed under: Uncategorized | No Comments »
December 21st, 2010
All of the media coverage of "robo-signing," the latest crisis in the mortgage industry, has made it THE news for several weeks. Banks and lenders who are foreclosing on homes at a rapid pace are being taken to task for their procedures. Basically, they used staff or hired attorneys to sign the required affidavits for [...]
Filed under: Uncategorized | No Comments »