Julie's Blog

Yes, rates have improved! Deal or No Deal? This was what the listing agent asked me today about my borrowers. They haven't been able to make a  decision on a property that is in foreclosure. The agent is strapped, of course, and only trying to make it all work. We all have to get on and get answe...

Over the last few days rates have been improving. For a loan amount minimum of $150,000, we can lock you today at 5.750% with 0 points. Wow! it is a great day to lock!! Have a great weekend!!

I have been busy tonight researching down payment assistance. Other than the standard 3% or 6% contributions, I am considering Seller Financing. We used to be able to have Sellers carry back Second Mortgages. Fannie and Freddie frown on this, unless it is a Community Second. Community Seconds are...

About 6 months ago I gave a shout out to AR friends and their thoughts on Grocery Store advertising. Many said not to do it and some said go for it. I did a big banner ad in the entrance to Kroger ( a local grocer here in MI). The cost was $750, and I figured the exposure couldn't hurt. Unfortuna...