The Good News That Does Not Get Reported: 1. Thirty-five percent of the homes in the U.S. do NOT have a mortgage. 2. Some 94.88 percent of the loans ARE performing. 3. The foreclosure problem in this country is really a story about seven states. 4. The biggest foreclosure problems are in Michigan, … (0 comments)
mortgages: Credit Score and what effects it - 04/04/07 01:56 PM
Many people don't realize how their credit score is created. It is so important today to realize what effects your credit for the good and the bad. Below are the basics. … (1 comments)
mortgages: Sub Prime Drama - 03/20/07 03:33 PM
Wow Between Anna Nichole and the Sub Prime Market trouble you would think there was not very much else going on in the world. Is the media blowing the sub prime issue out of proportion? Well lets look at it. 20% of all mortgages last year were sub prime loans. 40 % … (1 comments)
mortgages: First Time Home Buyers (FTHB) Advice - 02/16/07 05:54 PM
Are you thinking about buying a home this year? Very cool! Owning a home is such an awesome experience. You get your own space, you can paint and decorate anyway you want to. If you want orange walls with green shag carpet you can have it (although you may be stuck … (3 comments)
mortgages: MORTGAGE NEWS YOU CAN USE - 12/21/06 02:18 PM
Rate Watch - Freddie Mac reported on Dec. 14 that 30-year fixed-rate mortgages averaged 6.12%, up from 6.11% two weeks back. 15-year loan rates increased from 5.86% from 5.84%. With mortgage rates remaining near their lowest levels, exotic mortgage borrowers are now jumping into the safety of fixed-rate loans. ---- As expected, the … (1 comments)
mortgages: Zero Down Loans - 12/11/06 01:38 PM
More and more of my clients in the Ann Arbor area are buying homes with no down payment loans. In the 1990's it was very rare for someone to buy a home in Washtenaw County without some sort of down payment (except for VA loans which always offered a no down … (5 comments)
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