home loans: MARKET UPDATE - Thursday, June 2, 2016
- 06/02/16 09:04 PM
What's going on and why does it matter? Mortgage bonds opened flat today after failing to close above their 30-day moving average yesterday. The 30-day moving average is now operating as a technical ceiling of resistance. If bonds can close above this barrier, mortgage pricing may improve. However, if mortgage bonds fail to break through this barrier, they are likely to continue drifting sideways or take another plunge down toward their 100-day moving average. This could cause mortgage pricing to get worse. The European Central Bank (ECB) decided to leave rates unchanged in Europe, and there were no major surprises in their monetary … (0 comments)
home loans: What Constitutes Closing Costs?
- 10/11/13 09:39 AM
Closing costs are expenses that cover fees associated with the transfer of property ownership, fees paid to state and local governments, and the costs of obtaining a mortgage loan. Some of these fees are negotiable, and could be paid by either the buyer or the seller. Some costs are one-time fees (non-recurring closing costs, such as title search, termite inspection, appraisal, etc.); while other fees such as homeowner's insurance or property taxes are things homeowners will continue to pay on a regular basis. As part of the loan selection process, mortgage consultants should give homebuyers some idea of how much … (3 comments)
home loans: When Should You Start Looking For a Mortgage Loan?
- 09/27/13 02:15 AM
Start by giving yourself a good month or two to find the right lender. As excited as you are to get into your new dream home, you will be much more excited about the purchase if you know you are getting a good deal on the mortgage loan as well. When you start looking around make sure you do not only look for the lender offering the lowest rate. A low rate may hide higher closing costs and fees. Try these tips for finding a good lender and a good loan: Start your search for a mortgage online. Many lenders post … (2 comments)
"You want him on your side. His willingness, intelligence and ability to help on a closing is above and beyond any others I have delt with. Nikita ... more "
5.0/5.0
by zuser20140513153324044
2155461
"Nikitas was very helpful, informative and responsive. Turned our loan around quickly with no problems. Helped us get into our new home and we couldn't ... more "
What's going on and why does it matter?
;)
;)
