montgomery county mortgage: Don't be stupid! 4% fixed rates are not happening. 4.5% Fixed is a different story
- 11/16/09 02:52 AM
"If you have been waiting for 4% fixed rate to become available, you need a reality check. Betting on something happening that has never happened before is never a good bet." To quote Yogi Berra "It's like Déjà vu all over again". We are once again experiencing the BEST MORTGAGE RATES that we have ever seen. That phrase has been thrown around so much that it is starting to sound like "The biggest sale of the year" or "The most dramatic rose ceremony ever" The big difference is that we know that a sale will return in a larger form and that … (0 comments)
montgomery county mortgage: FHA streamlines: time is running out! MUST READ
- 10/27/09 03:20 AM
As I mentioned in a prior post, the guidelines for FHA streamline refinances without an appraisal are going to drastically change on 11/18/09. If you currently have and FHA mortgage in Maryland, Virginia or Washington D.C., please call me today for a free streamline mortgage estimate.Why the rush?1. On November 18th, the maximum loan amount for FHA streamlines will change. As of today, you can obtain a loan amount equal to your old loan amount. This typically allows you to roll most or all closing cost into your new loan. The result is a NO COST streamline.If your FHA case number … (0 comments)
montgomery county mortgage: No Closing Cost Refinance Maryland, Virginia & DC
- 09/30/09 04:32 AM
No Closing Cost refinances are back! Back in April I wrote a blog about No Closing cost mortgages actually being more costly than a zero point or 1 point mortgage. This was due to the small spread between rates. As the market has become healthier over the past 5 months, spreads have widened. This has made NO CLOSING COST refinances an attractive option once again. Let's take a look based on today's mortgage rates. I am going to assume good credit, a $300,000 loan and 70% loan to value and $2800 in closing cost: NO POINTS 4.875% = $1587 monthly principle … (0 comments)
montgomery county mortgage: Today's mortgage rates : Maryland, Virginia & DC. FHA, FHA streamline, VA streamline, Jumbo loans....
- 09/28/09 02:48 AM
30 yr fixed rates from 4.375%, ARM's from 3.5%. Maryland, Virginia & Washington DC FHA JUMBO STREAMLINE SPECIAL 5/1 ARM 4.25% No Points or 4.5% NO COST! Contact Josh Burley today 301.881.8900 x125 Work with a LOCAL mortgage lender that values your business. Choice Finance has been serving the DC metro area for 14 years. We are large enough to offer everything a national lender can, but small enough to care. We value your business and the business that you will refer to us. All rates listed below are BASE rates on a 30 day lock. Factors such as credit … (2 comments)
"If you have been waiting for 4% fixed rate to become available, you need a reality check. Betting on something happening that has never happened before is never a good bet."
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