Real estate blog entries tagged with market report by Bobby Samson (Samson Realty)

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market report: First Time Home Buyers - Market Update - 07/31/08 01:36 PM

By now, most of you have heard that the New Housing and Economic Recovery Bill, which has just passed the House and the Senate, eliminates seller-funded down payment assistance with FHA transactions (Nehemiah, AmeriDream, Genesis) - effective October 1st, 2008.
The new bill also includes an available tax refund of $7500 … (0 comments)

market report: New Loan Guidelines... - 07/24/08 09:50 AM

I want everyone to be aware of a new Fannie Mae/Freddie Mac guideline concerning disposition of your current property before purchasing a new property. "If current principle residence is pending sale, but the transaction will not be closed (with Title transfer to a new owner) prior to the new transaction":Than..."Both the … (1 comments)

market report: Rates Week in Review 6/30/08 - 06/30/08 03:16 PM

"I NEVER WORRY ABOUT ACTION, BUT ONLY ABOUT INACTION." ~ Winston Churchill. These words proved especially true last week, as the big story was the Fed's lack of action following their recent meeting, or decision to leave the Fed Funds Rate unchanged - but is the Fed's decision a cause for … (0 comments)

market report: Market Report - Mortgage Rates 6-16-08 - 06/16/08 09:56 AM

"OPINION HAS CAUSED MORE TROUBLE ON THIS LITTLE EARTH THAN PLAGUES OR EARTHQUAKES." ~ Voltaire. Opinions certainly caused some trouble in the markets last week as several Fed members talked about inflation, the arch enemy of Bonds and home loan rates, and their comments shook the markets like a high-magnitude quake. … (0 comments)

market report: Big Boost to Washington DC Area Real Estate - 05/19/08 10:22 AM

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market report: Increased Loan Limits This Year Only - 04/24/08 09:21 AM

Here is an update on the current mortgage rates from my lender Kevin Haddon of Mason Dixon Funding...
The Economic Stimulus Act of 2008 did more than just authorize rebate checks. It also increased loan limits for Fannie Mae, Freddie Mac, and FHA-insured mortgages in many regions throughout the country. For those … (0 comments)

market report: Northern Virginia Market Report - 3/27/08 - Bobby Samson - 03/27/08 09:53 AM

"DARLING, I DON'T KNOW WHY I GO TO EXTREMES...TOO HIGH OR TOO LOW, THERE AIN'T NO IN-BETWEENS..." Billy Joel The financial markets endured another week of extreme bipolar behavior, with enormous intra-day mood swings that normally wouldn't be seen over the course of several weeks. While Bonds and home loan rates … (0 comments)

market report: No Money Down is Back! - 03/10/08 01:00 PM

NO MONEY DOWN IS BACK!!!
FHA loan limits are up to $729,750 in all of Northern Virginia. This is a great time to buy!!! Investors are ready to make loans...
Benefits:
•        No Credit Score Requirements
•        Up to 100% Financing
•        30yr Fixed Rate (Your payment will NEVER Change!)
•        ZERO cash out of … (0 comments)

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