Mortgage Rates and Your Home Options

your home and mortgage rates in 2013

Curious about how rate changes may affect your home buying experience? Higher rates may result in adjustments needing to be made on the amount of loan you qualify for, so be sure to discuss your individual situation with a lender, so that you are aware of the options available for your home. Recent rates released…Read More »

Mortgage Rates Drop -Time to Buy or Sell Your Home?

rates drop for your home

If you were worried about the effect current mortgage interest rates may have had on your home for sale, you may be feeling a little better this week. As of July 18th, 2013, the Freddie Mac Primary Mortgage Market Survey(R) (PMMS®) reports that average fixed mortgage rates are showing reductions. “Fixed mortgage rates fell as…Read More »

Underwater Mortgage Debt and Your Home

Questions about your home?

Beginning March 1st, Fannie Mae and Freddie Mac will begin the process of allowing some home owners to cancel their underwater mortgage debt using a deed in lieu foreclosure alternative. If you are wondering how and if this applies to your home, read on. If you have needed to move for job relocation, status changes,…Read More »

Fixed Rates Drop – Great News For The Market

PMMS rates are low for your home

Wow, even lower rates !!! Currently the 30 year fixed is averaging at 3.31%, this means more buyers can now qualify for the home of their dreams. With lower rates, home buyers can purchase the same house and have a smaller payment OR buy a bigger home than they could have before.  This is a win/win for every buyer.  These record low rates should help the…Read More »

Home Buying Made Easy

Better Home Buying with Low Rates

Interest rates are remaining at record lows… If you are wanting to buy a home, now is the perfect time to secure a super low interest rate for 30 years ! With these low interest rate, you will be able to qualify for a bigger/better house then you could have in the past. A  30-year…Read More »

Short Sales & HAFA Changes – How They Impact You


Public awareness of real estate short sales has shown a marked increase in the last few years. As homeowners seek to lessen their financial burdens in hard economic times, the Home Affordable Foreclosure Alternative (HAFA) was created and has since been updated to create short sales as an option to foreclosure and provide much needed…Read More »

“Robo-Signing” Agreement Assists Homeowners

Mortgage lenders are in the news again, only this time it’s not Freddie Mac and Fannie Mae in the hot seat. If you purchased a home through GMAC (now Ally Financial), Bank of America, JPMorgan Chase, or Citibank, you may want to take note. Last week’s settlement of $25 billion is proposed to aid homeowners…Read More »

Resources for Avoiding Home Foreclosure

Home ownership can be a heavy responsibility at times… especially when times are tough.  It can be challenging to find help when times are difficult due to a  decrease or loss of income, illness, unexpected disaster or home repairs, or personal crisis such as separation or divorce.  Add to that a reduction in home values, and…Read More »