interest rates: First Time Home Buyers - The ACTUAL DOLLAR COST of Waiting to Buy - 11/13/09 09:10 AM
I suck at math, which is why I went to law school rather than business school, a decision I still periodically regret.  So I am eternally grateful to Charles Dailey for posting this link to HIS post on one of my comment pages.  It QUANTIFIES the cost of waiting to purchase a $125,000-$250,000 home, assuming … (2 comments)

interest rates: Buying a Home NOW - Some Validation from USA Today - 09/14/09 09:08 AM
I feel a teensy bit validated, now that USA Today is featuring an article on the two reasons to buy a home NOW - the historically low interest rates AND the first time home buyer tax credit.  Of course, this "buy a home NOW!" advice only applies to people who have stable jobs, … (1 comments)

interest rates: Payments for Purchases or Refinancing - Rates are AZY-CRAY! - 01/13/09 09:47 PM
Well, this just came across my e-mail and I thought it was valuable enough to post ASAP.   Download Refinance_Savings_Chart
It's a pretty chart showing payments if an individual refinanced their existing mortgage.  A few notes:
The chart shows only principal + interest ("P+I"), so to figure out your TOTAL payment you … (1 comments)

 
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Melissa Loughridge Savenko

Richmond, VA

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RE/MAX Commonwealth

Address: 509-511 N. Meadow Street, Richmond, VA, 23220

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