mortgages: A Quick Mortgage/Real Estate Update for Homebuyers and Realtors - 06/16/09 10:36 AM
Current Interest Rates:
Conventional Purchases - 5.5% 30 Yr Fixed ($200K loan, 20% down, 5.65% APR)
FHA Purchases - 5.625% 30 Yr Fixed ($144,750 Base Loan, 3.5% down, 6.3% APR)
Jumbo - Hot! Hot! Hot! 5.0% on 5/1 ARM ($525K Loan, 25% down payment, 4.51% APR)
*** NEW *** Loans For … (0 comments)
mortgages: Mortgage Rate Drops to 50 Year Lows... - 01/12/09 09:13 AM
Mortgage rates are down to rates we have no seen in 50 years. Since the early 1970s when we have good data for mortgage rates these are the lowest rates we have seen.1) December 2008 5.192) June 2003 5.233) March 2004 5.454) May 2003 5.48Before this rates were at current levels … (0 comments)
mortgages: Shopping for A Mortgage? Do Your Homework First - 01/08/09 01:33 PM
If you happen to be shopping around for a mortgage, it is very important that you first take the necessary time to do your homework.When I say homework, I am talking about research. There are so many loan programs out there that it is easy to get lost in all of … (0 comments)
mortgages: A Successful Sale - 10/07/08 05:53 PM
It's every seller's goal to receive multiple offers and to ultimately sell for the full asking price. Although you can't control market conditions, you can do several things to make your home more appealing to buyers. First, price your home realistically. If you are seriously committed to selling your home, don't … (0 comments)
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Current Interest Rates:
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