|
| |
conforming loan: The New 30 Year Fixed Rate Mortgage - 02/08/08 11:39 AM
30 year fixed rate mortgages are set to become easier to obtain and priced better. The much talked about economic stimulus package has cleared the necessary hurdles, and the president is ready to sign off on it next week. What does this mean to you?
It could mean a whole lot. It could mean the difference between qualifying for a loan and not. It could also mean a much lower rate, better terms and even the ability to buy a more expensive home with 100% financing. This is the best thing to happen to the real estate market in some time, … (0 comments)
|
conforming loan: Hope on the Horizon for the Real Estate Market? - 02/06/08 01:01 AM
I see a glimmer of hope in this economic stimulus package that is on the verge of being passed. It brings about the best news for the housing market in some time. In addition to the tax refunds that everyone seems to be focusing on, the increase in the conforming loan limits have been overlooked as a small matter. It most certainly is not. Currently, you have a secondary market with very little demand for jumbo loans. Except for the portfolio lenders, most companies who write your loan turn around and sell it on the secondary market. With less demand, and … (0 comments)
|
|
|
|
|
|
|
|
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2012 ActiveRain Corp. All Rights Reserved
;)
;)
;)
