2010 Mortgage Rate Recap – What a fun ride! Summary of what happened to mortgage rates in 2010 - 12/29/10 05:10 PM
With the new year approaching (wow it's almost 2011 already?) and "best of" 2010 information coming from other sources, I thought it would be fitting to post a recap of what happened to mortgage rates in 2010.  2010 presented an unexpected rollercoaster ride when it came to mortgage rates. 
We were able to witness some of the lowest mortgage rates ever recorded.  The year started out with benchmark 30 year conforming (below $417,000) fixed rates very steady around 5% from about January until April.  There was a small uptick in rates to about 5.25% in early April followed by an unprecedented 21 week period … (1 comments)

Transfer & Recordation Taxes in Montgomery County, MD - 12/24/10 12:25 PM
Marcie has an excellent blog post explaining the transfer and recording taxes in Montgomery County MD.  Remember, at my bank we get out the final Hud's DAYS before settlement and I personally walk you though the Hud so there are no surprises on settlement day!
Via Marcie Sandalow - Evers & Co. Real Estate, Inc. DC/MD ( Evers & Company Real Estate, Inc. ):
Original Source:  Montgomery County- Transfer & Recordation Taxes
Making your way through a HUD-1 at settlement always feels a little rushed. As a real estate agent, I'm used to it. But if you're only buying and selling a couple of … (1 comments)

FHA Condo Expiration of 12/7/10 Now Extended!! - 12/08/10 07:00 PM
FHA Condo Expiration of 12/7/10 Now Extended!!
In what seems like a last ditch effort (without any warning that I know of) FHA has extended the condo projects that were set to expire December 7th 2010.  The new expiration dates are based off of the initial project approval year.  Great news for condo owners and condo sellers!
FHA announces extension of condominium project approvals with an expiration date of December 7, 2010. Provided below are the extension dates based on five-year time frames with the exception of those condominium projects with original approval dates from 1972 -1985.
Initial Project Approval Dates     Current … (1 comments)

 
Nick6 Rainmaker_large

Nick Pakulla Mortgage Lender Loan Officer in MD DC VA

Rockville, MD

More about me…

First Place Bank Maryland, Virginia, District of Columbia

Address: First Place Bank, 15400 Calhoun Drive #170, Rockville, MD, 20855

Office Phone: (301) 585-7283

Email Me

Loan Officer with First Place Bank in Rockville Maryland. FHA, 80-10-10, VA, Conforming, Jumbo, Refinances, a group of local approved appraisers (no 3rd party appraisal system), In-House Processing and Underwriting. Servicing Maryland, DC, and Virginia.



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