Garrick Werdmuller's Blog

Mortgage and Lending - Caliber Home Loans - NMLS# 242952



We are definitely seeing a lot of mixed reports on where the housing market is going this year.  One thing that cannot be overlooked is the number of properties Fannie Mae is having to buy back. As a homebuyer this may be time to keep tabs on Fannie Mae's Homepath program for discounted homes.  E...
There's no doubt about it: mortgage rates are low right now. This is not only a great time to consider buying a home, but also an opportune time for homeowners to refinance.But is refinancing always the right thing to do? When interest rates change in your favor, it's important to keep in mind yo...
Wow!  Rates are really rallying!!! The stock market's reversal of fortune forced investors to reallocate their funds into risk averse assets like government guaranteed U.S. Treasuries . This sent benchmark yields lower and led mortgage-backed security prices higher which allowed lenders to repric...
From the Alameda Association or Realtors Press Release... Homes in Alameda have a new favorite color, and it's green. Don't worry: our prized Victorians won't lose those colorful yellows, purples, and indigo exterior finishes; it's just that these beautiful homes may boast more and more "green" f...
With the expiration of the government's homebuyer tax credit, real estate firms, developers and home owners are already taking matters into their own hands-offering incentives or refunds to buyers after the credit expires. Many real estate firms are pushing home sellers to offer incentives of the...
Following Fannie Mae's announcement in November that Fannie Mae will only go to a 45 back end ratio, Freddie Mac changed their debt to income ratio unannounced last week. On Thursday April 29th Mortgage banks who use Freddie Mac's Loan Prospector® without warning announced that Freddie Mac is goi...
On Saturday, July 17th, 2010, from 10 am to 4 pm the Alameda Association of REALTORS® and their AFFILIATE Partners will host The Green Home Expo at the Alameda Towne Centre. The Alameda Association of REALTORS ® is proud to host this fun and informative event to promote the growing interest in gr...

Garrick Werdmuller

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