finance: New QM Standards Create Buzz in Mortgage Industry - 01/08/14 12:26 AM
While conumers have confidence that getting a mortgage loan will be easier in the year 2014, mortgage brokers forsee problems noting the new Qualified Mortgages (QM) standards that take effect on Friday. ( Mortgage Professional America) The QM Standards are a apart of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act), which generally require creditors to make a reasonable, good faith determination of a consumer’s ability to repay any consumer credit transaction secured by a dwelling (excluding an open-end credit plan, timeshare plan, reverse mortgage, or temporary loan) and establishes certain protections from liability under this requirement for … (0 comments)

finance: Is It Possible Home Sales Are About To Climb? - 11/04/13 11:38 PM
Things are looking up for our economy according to today’s news. With mortgage rates hovering in the 4.25% range, unemployment down, and less foreclosures and bankruptcies, consumers are more likely to borrow. Below are some of the news sources that I tapped into.
The Fed’s uncertainty with bond buying and reducing asset purchases makes for a tough interest rate environment. The rates were flat most of last week until Friday when the rate rose slightly from 4.13 to 4.25 for a 30yr fixed loan. Read more at the Mortgage News Daily site:
Bloomberg reports today that Americans will cure their … (1 comments)

Don Callahan, One of The 10 Most Dependable Agents in Eastern US (Keller Williams Realty)

Don Callahan

One of The 10 Most Dependable Agents in Eastern US

Savannah, GA

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Keller Williams Realty

Address: 124 Habersham St., Savannah, GA, 31401

Office: (912) 232-8580

Mobile: (912) 441-4416

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Real Estate in Savannah, Historic District, Ardsley Park, Parkside, Gordonston, Victorian District, Starland District, Cuyler Brownville, Savannah’s island communities, Pooler. Feature properties, and communities.



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