203k: RATES ARE AT HISTORIC LOWS! NOW IS A GREAT TIME TO BE BUYING A HOME! - 03/18/09 02:03 PM
The Fed is clearly doing "EVERYTHING" it can to stabilize the housing market and head off a prolonged period of deflation that would be difficult to break.
Of particular note: The Fed is substantially increasing its support of mortgage lending and housing markets.  The FOMC committed the Fed to buy an additional $750 billion in agency mortgage-backed securities, bringing its total purchases of these securities to $1.25 trillion this year. 
Moreover, the Fed will increase its purchases of agency debt by $100 billion to a total of up to $200 billion.  Both measures are designed to increase the ability … (0 comments)

203k: Renters Have Much to Gain by Pursuing Home Ownership - 07/19/08 03:39 PM

A Qualified Mortgage Consultant Can Outline Your Options
Renters Have Much to Gain by Pursuing Home Ownership  
By Gerald Santoro, Mortgage Planning Specialist, First Choice Bank  
Morganville, New Jersey - Buying a home vs. renting is a big decision that takes careful consideration, as most mortgage consultants will agree. But the rewards of home ownership are great. For many years, purchasing real estate has been considered an extremely profitable investment. It is an achievement that offers a sense of pride, financial stability and potential tax advantages. And it is a buyers market presently. A qualified Realtor is your best resource for finding … (8 comments)