2017 has opened with new revisions in the mortgage market to hopefully stimulate the market and allow more homes to be sold and get financing. USDA has lowerd its up front guarantee fee from 2.750% to 1.00% and its monthly USDA fee from .50 % to .35
Jan 06, 2017 |
The Trump effect on the financial markets is overwhelming! The doom and gloom projected has turned out to be anything but. The stock market has increased to record highs and the consumer's trust seems to have increased as well. With all of this enthus
Dec 02, 2016 |
The election is over-thank God! Everyone did survive, although emotions run high. The stock market is great, and the mortgage market is wonderful. Rates are still very low and before that changes, home buyers and home owners should give serious atten
Nov 11, 2016 |
Are you in need of a mortgage loan and do not know which type loan would be best for you? If you are a veteran, then a VA loan is hard to beat, but if you are not, then in most cases you will choose between a Conventional, FHA, or USDA loan. USDA can
Oct 21, 2016 |
Mortgage interest rates are at the lowest level you will ever see in your lifetime. Conventional 30 year rates and APRs as low as 3.375% and 15 year rates and APRs as low as 2.750%. FHA, USDA, and VA rates and APRs are as low as 3.250% for 30 year lo
Sep 23, 2016 |
Now is the time to act! Rates have been so good for so long, BUT the Feds state that they will start to raise the rates. Also, history shows that rates seem to always go up in an election year. Plenty of home buyers have been stalling and for what? T
Sep 09, 2016 |