The Summit County Mortgage Source

  In a welcome sign of strength, existing home sales rose 7.7% in August to a seasonally adjusted annual rate of 5.03 million units from an upwardly revised 4.67 million units in July. The inventory of unsold homes on the market decreased to 3.577 million, an 8.5-month supply at the current sales...

FYI—VA Funding Fees have been LOWERED, and are effective on October 3, 2011…                           As always, if we can help you with anything, including your VA refinances & purchases, give us a call at 970.455.4131.

Treasuries remain under pressure as equity markets around the globe rally following yesterday's CNBC report that European authorities were constructing the framework for a rescue plan. Greek leaders appealed for support at home and abroad to avert default before key legislative votes as the U.S. ...

Today's news by the fed that lower rates may be around the corner stimulated some questions from clients that have recently locked with us. Can I re-lock a lower rate while my loan is In-Process if the Fed drops rates? Picking the right time to lock is tough. Fortunately, if there is a significan...

Hurray Beer! Frisco's Oktoberfest is back after a few years hiatus. The event was on-hold because Main Street vendors & residents felt the event created too many problems. Road closures, long hours, and excessive noise & drinking resulted in a decision that the 'party' be moved. With the recent d...

I received this from one of my account executives with his permission to re-post here. I thought this was an interesting report in that it focused primarily on inflation commentary. As always, if there is anything we can do to help you with financing, don't hesitate to contact us at 970.455.4131....