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carrollton texas: Home Buyers the time to act is now - 03/15/10 04:40 PM
Attention Homebuyers: Double-Barrel Stimulus DeadlinesThreaten Rates and Affordability; The Time to Act is NOW!
The great author and speaker Og Mandino once said, "I will act now. I will act now. I will act now." This is great advice for prospective homebuyers over the next 45 days, as two key government programs that have kept home ownership more affordable than ever wind down to their completion. First, the Federal Reserve's Mortgage Backed Securities (MBS) purchase program will come to an end on March 31, just two weeks away! Without this program home loan rates could have been at least 1.00% higher...and … (0 comments)

carrollton texas: Cash Strapped Buyers Could Get Shut Out - USDA Funding Running Low - 03/12/10 03:08 PM
Cash Strapped Buyers Could Get Shut Out
If you have buyers in need of 100% financing, take notice! One widely popular tool for funding is about to run out of money. Buyers that need a no down payment loan guaranteed by the USDA are running out of time to get their deal done. This program is a favorite among first time home buyers.USDA Rural Home Loans have been a phenomenal tool for helping cash strapped buyers get into homes for no down payment. Unlike many other loan programs though, the amount of funds available to fund these loans are set and … (0 comments)

carrollton texas: Where Are Rates Going Now? - 03/05/10 02:03 PM
Important Deadlines on the Horizon
Two years ago, the Washington Post reported that home loan rates shot up to nearly 7% from 6% in less than a week. The volatility demonstrated that week resulted from turmoil in the financial markets and a lack of buyers for mortgage backed securities (MBS).
That volatility continued through November 2008 when the Federal Reserve announced a program designed to lower rates and provide stability to housing. That program has been incredibly successful, driving rates to the lowest levels of all time. However, as this program will end March 31st, people want to know: Where are … (2 comments)

 

Richard Woodward

Frisco, TX

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Envoy Mortgage

Address: 17311 Dallas Parkway, Ste 173, Dallas, TX, 75248

Office Phone: (972) 661-5136 x 231

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