Real estate blog entries tagged with fixedrate mortgage

Blog entries tagged with "fixedrate mortgage":

fixedrate mortgage: Homeowners Fighting Foreclosure - 02/04/08 08:36 PM

In local paper tonight in Staten Island there was a very interesting article for all us realtors regarding a couple who is faced with foreclosure of their townhome here. They were stuck with a bad loan, collapsing financially under the weight of a crushing mortgage less than a year after buying … (3 comments)

fixedrate mortgage: ARM Nightmare: A Real Life Story - 06/15/07 06:38 AM

I want to share a story with you. It fits in perfectly with the current market and the outrageous number of homeowners who are facing the reality of adjusting mortgage rates and increasing payment.
Back in May 2005, I had a customer referred to me by another customer. He was a first … (21 comments)

fixedrate mortgage: Home Prices are Favoring Buyers In Most Areas - Part 2 - 05/19/07 09:18 PM

The National Realty News has an interesting article written on May 15, 2007. Below is Part 2.
According to Freddie Mac, the national average commitment rate on a 30-year conventional fixed-rate mortgage was 6.22 percent in the first quarter, down from 6.25 percent in the fourth quarter; the rate was 6.24 percent … (0 comments)

fixedrate mortgage: Refinancing Options - 05/10/07 11:47 PM

Which refinancing option is best for you?
There aren't quite as many loan programs as there are borrowers, but it seems like it sometimes! I'll work with you to qualify you for the best loan program to fit your needs. But there are some general considerations you can have in mind in … (1 comments)

fixedrate mortgage: Mortgage rates drop dramatically... - 02/08/07 07:42 PM

Mortgage rates dropped dramatically this week in an abrupt shift following a two-month rise. The benchmark 30-year, fixed-rate mortgage fell 11 basis points to 6.31% , according to the Bankrate.com national survey of large lenders. A basis point is one-hundredth of 1 percentage point. The mortgages in this week's survey had … (1 comments)