ARCHIVED BLOG POSTS
2010
With about 30 days remaining to be under contract in order to claim the tax credit it is still unclear whether the tax credit is going to be extended, or for that matter whether it should be extended... again. Some may argue that near the end of 2009 the huge surge in home buying was due to the u...
03/31/2010
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With the Fed officially ending is Mortgage-backed Securities (MBS) purchase program at the end of this month there is a potential for rates to rise. The Fed has been purchasing MBS since January 2009. When completed, the Fed will have purchased $1.25 trillion to help provide support to the mortga...
03/21/2010
Show me the money! Sometimes it is more motivating to see things in real numbers instead of just hearing that it is recommended to have a “good credit” score for the best mortgage rates. Below are two tables: One that shows how much extra in upfront points may be required due to your credit s...
03/16/2010
This is one of the many examples of why certain grant programs seem like a good thing for borrowers on the surface, but often come up to pose last minute problems for all parties involved. With all of the changes going on, sometimes sticking with the basics to be as sure as possible there will b...
03/12/2010