by Theof | Feb 10, 2012 | Mortgage Market
Lenders are beginning to accept applications under the new HARP 2 rules – there is no loan-to-value limit on HARP refis for borrowers who have fixed-rate mortgages (if you are underwater this is GREAT news). Here is a brief overview of HARP 2’s guidelines:...
by Michael Long | Oct 28, 2011 | Mortgage Market
The stock market was up again this week and with that mortgage rates increased slightly as well. That being said, interest rates remain extremely low and if you are considering refinancing or purchasing a new home rates in the 3’s and 4’s won’t last...
by Michael Long | Oct 21, 2011 | Mortgage Market, Real Estate
This week in the market: during the week which resulted in a slight mortgage rate increase from last week’s all time lows as Investors grew more optimistic about US economic growth and less concerned about the European debt situation. In addition, the FOMC Minutes...
by Theof | Sep 30, 2011 | Mortgage Market
Even if you thought you would never refinance again, rates are so low this week that it will probably make financial sense to do so – especially if you plan on staying in your property for a while. We are doing a lot of refinances with no closing costs right now. If...
by Michael Long | Sep 11, 2011 | Mortgage Market
Mortgage markets improved last week on a weak jobs report, expectation for new market stimulus, and growing evidence of a global economic slowdown. Overall, conforming mortgage rates in California improved for the first time in 3 weeks. On a product-by-product basis,...
