new jersey: Getting to know where you stand with your monthly mortgage payment is the first and most important thing when you looking for the right home.
- 08/09/11 03:41 AM
Getting to know where you stand with your monthly mortgage payment is the first and most important thing when you looking for the right home. There are many things that you have to conceder when looking for a home, the right size, right neighborhood, color and affordability. Your monthly payment trumps all when selecting a home. Here is what consists of monthly mortgage payment: •1. Principle & Interest •2. Taxes on the property •3. Mortgage Insurance... If down payment is less that 20% of purchase price •4. Homeowners insurance Did you know if you choose to include your taxes and insurance … (0 comments)
new jersey: In a healthy economy, people buy roughly 6 million homes per year.
- 08/06/11 07:44 AM
Sales of pervious occupied homes fell in June for a third straight month for a seasonally adjusted 4.77 million. The pace is lagging behind the 4.91 million homes sold last year – THE FEWEST SINCE 1997. New home sales also declined in June and are trailing last year sales, which were the worst on records dating back nearly ½ century. On the up side: The average rate on a 15-20-30 year fixed mortgage has fallen to its lowest level in decades. … (2 comments)
new jersey: .. Why Interest Rates on 15-year Mortgage and 20-year low are at an all time low .... Due to the worst week on Wall Street since the financial meltdown.
- 08/06/11 07:01 AM
The average rate on a 15-year fixed mortgage has fallen to its lowest level in decades. The rate from the popular refinancing option dropped to 3.54 % this week from 3.66 % last week, Freddie Mac said Thursday. That’s the lowest result sing the mortgage buyer began tracking it since 1991. The average rate on the 30 year fixed loan fell to a year low from 4.39% from 4.55% the previous week. Mortgage rates treed to track the yield on the 10 year mortgage note. A weakening US economy had led many investors to shift money from stocks to bond, which … (1 comments)
Find the best mortagerates email: allamas@westtownsb.com
The benchmark 30-year fixed-rate mortgage fell 1 basis point this week, to 4.68 percent, according to the Bankrate.com national survey of large lenders. A basis point is one-hundredth of 1 percentage point. The mortgages in this week's survey had an average total of 0.39 discount and origination points. One year ago, the mortgage index was 4.74 percent; four weeks ago, it was 4.66 percent. The benchmark 15-year fixed-rate mortgage remained unchanged, at 3.82 … (0 comments)
new jersey: Mortgage Rates May Be On The Rise
- 07/20/11 12:58 PM
For now I think once congress makes a decision on whether or not they raise the debt ceiling will determine the rates in weeks to come. Although I am optimistic, with such a volatile market we all want the interest rates to stay low... "Keeps us all employed."
Mortgage rates may be on the rise in Florida, whether it's short-term or long-term, home owners should be aware of this news. Here is the latest news about the increases (all increases occur within a weeks time): 30 year fixed-rates: increased from 4.51 to 4.60 percent 15 year fixed-rate: increased from 3.69 to … (0 comments)
new jersey: "First time home buyers” Getting to know where you stand with your monthly mortgage payment is the first and most important thing when you looking for the right home.
- 07/18/11 07:22 PM
Getting to know where you stand with your monthly mortgage payment is the first and most important thing when you looking for the right home. There are many things that you have to conceder when looking for a home, the right size, right neighborhood, color and affordability. Your monthly payment trumps all when selecting a home. Here is what consists of monthly mortgage payment: •1. Principle & Interest •2. Taxes on the property •3. Mortgage Insurance... If down payment is less that 20% of purchase price •4. Homeowners insurance Did you know if you choose to include your taxes and … (1 comments)
new jersey: Private Mortgage Insurance (PMI) for Conventional Loans is Getting Back in the Game..3% -5% Down to Purchase Homes
- 06/27/11 07:57 PM
With FHA over-loading the purchase market only adds stress to the program. FHA had 3 major adjustments in the last 36 months to help sustain the government program. In some instances monthly Mortgage Insurance (MI) has more than doubled. That doesn't help the buyer qualify and it also lessons their monthly cash flow to put back into the economy to move this country in the road to recovery. WHAT DOES THIS MEAN **No FHA spot approvals on condominium **Expands rates to a minimum 620 FICO Credit rating ** Alternative to FHA Radian (Insurance company) is implementing changes to our guidelines and … (0 comments)
new jersey: Mortgage Home-Get Pre Approved
- 06/14/11 06:24 PM
As an 11 year veteran in the mortgage industry my goal is to help first time borrowers mediate through the process as quickly and painlessly as possible by educating clients on what to expect step by step in the loan process. I educate clients on how credit scores work to achieve the best possible interest rate for their mortgage. I have serviced clients in; New York, New Jersey area includes, Bergen County, Essex County, Hudson County, Morris County, Passaic County, Sussex county, Manhattan, Bronx, Queens, Staten Island and Long Island, Orange County. West Town Saving Bank is a direct lender and State Charted Bank, which has its … (4 comments)
Getting to know where you stand with your monthly mortgage payment is the first and most important thing when you looking for the right home.
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