Artificially Sweet Interest Rates Enjoying the GoodLife is all about saving you money, and today’s real estate market has a unique opportunity to save you plenty. “With interest rates at historic actual lows as compared to what market rates should be, the time has never been better to purchase a home or refinance an existing [...]
Back in late August the Fed whispered to the markets that they were considering purchasing 600 Billion in US Treasuries. Shortly thereafter, interest rates reached the lowest levels in decades… then suddenly rates started moving higher about the first week of November.
Interest Rates at a Historical Low — Now is a good time to buy Take a moment to watch our latest lender update: [display_podcast] It’s great that Interest Rates are low, but what does that mean to me? Did you know that for a $200k home, with 5% for a down payment, with the current [...]
One month – only took the leads we converted that month – These LEADS, how many appointments. Is now a good time to refinance your Austin home? Interest Rates (IR) are historically low. BUT, this doesn’t necessarily mean you should Refinance. To determine if you should REFI, you want to establish your BreakEven (BE) — [...]
Beginning March 1, 2009 Fannie Mae is updating it’s Multiple Mortgages to the Same Borrower Policy to enable qualified investors and second-home buyers to individually or jointly own a maximum of 10 financed properties. This policy change applies to the total number of properties financed, not just the number of mortgages sold to Fannie Mae. [...]
What is the History of Credit Scores? Until not long ago, credit scoring had very little to do with mortgage lending. Lenders judged a borrowerâ€™s credit worthiness by having an underwriter review the borrowerâ€™s payment history, along with their income and debt factors, in order to make a decision to approve or deny the loan. [...]