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The mortgage crisis is still a nightmare. As a real estate agent for 29 years I try not to have surprises for my customers but, it seems that this market keeps them coming. My client was putting down $90,000 on a $134,000 home. Wouldn’t anyone think that was a slam dunk? Wrong: Turned down because the house to be purchased was a flip ...
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Did you vote in the last primary? Probably NOT! Well I guess you don't care about higher taxes and mismanaged money. We are on the verge of recovery. New homes are being built. (Not huge numbers but the builders still left standing are getting busy again). The great deals on the market are creating a bidding war with ...
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Lending Peace of Mind By Laura Hess CMPS© In today’s news all you read about is the negative side of our market, but I always make it a point to find the positive side of whatever news I take in. Knowledge can be empowering and I hope to “Lend You Peace of Mind”, and empower you to see the solutions that are available in ...
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Mortgage failures in Cape Coral. How bad was it? Well, I have been doing what is known as loss mitigation for a company that will remain anonymous. Essentially that means meeting with folks that were given a loan in lean times and are now strangled trying to figure out what to do next. I’m hired to help the bank help the people ...
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Rates on 30-year mortgages fall to lowest point in a month
WASHINGTON – May 16, 2008 – Rates on 30-year mortgages edged down this week to their lowest point in a month, This is great news to would-be home buyers.
Freddie Mac, the mortgage company, reported Thursday that 30-year fixed-rate mortgages averaged 6.01 percent for the ...
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