lake tahoe mortgages: Lake Tahoe Mortgage Rate Trends & Incline Village Mortgage Rate Trends
- 05/19/14 12:17 AM
Very little obvious change in this past week's economic indicators. International currencies continued to move in close proximity with one another; interest rates barely budged; the most influential mortgage rates moved hardly at all (again); and the minimal changes to monthly retail sales data told us little.
The MBA figures for mortgage applications, though they didn't move much from last week, nonetheless suggested that the greater number of applications we've seen over the past two weeks aren't just an anomaly. We will watch to see if mortgage applications continue to rise-as they very well may, as suggested by … (0 comments)
lake tahoe mortgages: Lake Tahoe Home Loans and Incline Village Home Loans
- 05/19/14 12:14 AM
This week brings us the release of only three pieces of relevant economic news in addition to the minutes from the most recent FOMC meeting. None of the economic data is considered to be highly important to the markets and mortgage rates, but they do carry enough significance to influence mortgage rates if they show a wide variance from forecasts. Tomorrow and Tuesday have nothing of importance scheduled, so look for stock movement to heavily influence bond trading and mortgage rates. Stock gains will probably pressure bonds and cause mortgage rates to move higher. If the major stock indexes show losses … (0 comments)
lake tahoe mortgages: Credit Scores Financing Homes in Lake Tahoe
- 06/22/13 02:21 AM
Why do credit scores differ between bureaus or where you pull a credit report? Credit scores can differ between bureaus because creditors are not required to report to any or all bureaus. Some smaller creditors only choose to subscribe and report a consumer’s credit information to 1 or 2 bureaus. Most major creditors will report to all 3 bureaus. Each account on a credit report should report which bureaus they report to. If there are discrepancies between bureaus, it should be easy to identity which creditors are causing the positive/negative effects. Credit scores will also differ depending on where you retrieve … (0 comments)
lake tahoe mortgages: Loan Modifications affect on qualifying for a home loan at Lake Tahoe
- 06/05/13 09:44 AM
Can You Get a Tahoe Mortgage After Having Your Mortgage Modified? I have recently had several clients who have been requesting a new Tahoe Mortgage to buy a home after having a loan modified. Although the loan modification itself does little if nothing to hurt your credit score, the loan modification is a huge issue when applying for a new loan. Conforming loans which are guaranteed by either Fannie Mae or Freddie Mac consider a loan modification to be derogatory credit even if all payments were made as agreed. Most lenders providing conforming loans will require that the borrower season the modification for 48 … (0 comments)
Financing Homes In California and Nevada since 1992.
Specializing in the Lake Tahoe and Truckee area.
Steve Peterson
Branch Manager
NMLS #245017
Sierra Pacific Mortgage
888-232-7687
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