Steve Brown's (sbrown0007) Blog

By
Mortgage and Lending - Gold Financial Services
RECENT BLOG POSTS
Tax Credit Proposal Is Improved & Getting Closer There apparently is an agreement on the details of an expanded and extended credit.  No vote has occurred yet.  The issue is now caught up in Senate procedural matters.  However, there is optimism that it will be resolved this week.  The provision...
10/30/2009
The latest we are hearing in the Mortgage Lending circles is the following REVISED TAX CREDIT           Credit is changed to 10% of sales price up to $7290         For first time homebuyers, the income level to qualify is $ 75,000/150,000.         For "move up" buyers the income level to qualify ...
10/29/2009
 San Antonio Mortgage Rates Ease Ahead of Auction AS Reported by CNNMoney.com -- Treasurys advanced Wednesday after the government said new orders for durable goods rose last month and investors braced for a $41 billion offering of 5-year notes. Prices rose for a second day after an auction of $4...
10/29/2009
  San Antonio Mortgage Rates/Treasurys Edge Higher Before Auction   Prices drift higher as investors await economic reports and a $44 billion offering of 2-year notes. The government is selling a record $123 billion worth of debt this week as reported by Ben Rooney, CNNMoney.com staff reporter. T...
10/29/2009
Mortgage Rates Raise Slightly, Treasury's Slip Ahead of Record Auction As reported by Reuters -- U.S. Treasury debt prices eased Friday as investors maneuvered to cut prices ahead of next week's record-large wave of government notes supply. Shorter-dated Treasury's were also undermined by recent...
10/26/2009
Bond prices slip/mortgage rates climbed slightly as report on activity from regional banks shows economic improvements as reported by Hibah Yousuf, CNN Money .com contributing writer. •·TWITTER •·Yahoo! Buzz •·DIGG •·FACEBOOK •·DEL.ICIO.US •·REDDIT •·STUMBLE UPON •·MYSPACE •·MIXX IT Subscribe to...
10/26/2009
Free Mortgage Credit Scores   As reported in the Wall Street Journal, you can get credit scores free. All 3 bureaus will give you a free credit report as required by law once a year. However, they charge you for you credit scores. These scores are used in everything it seems these days but more ...
10/13/2009
Treasury's rise after strong auction results Prices for U.S. bonds increase after a sale of 7-year notes sees solid demand, stocks slip as reported by Ben Rooney, CNNMoney staff reporter.   NEW YORK (CNNMoney.com) -- Treasury's rose Thursday after a government debt sale drew strong demand and a ...
09/25/2009
FNMA Announces More Changes     FNMA announced in their latest mortgagee letter Wednesday that they were raising their minimum credit score to 620. On the surface this doesn't mean much since it was hard to get a conventional loan approved through FNMA with a credit score less than 620 anyway. Th...
09/24/2009
90 Day Down Payment Assistance Program Through TDHCA Announced Today That They Are Out of Money.   If you had buyers planning to borrow their down payment and closing cost as part of the governments American Recovery and Reinvestment Act tax credit the TDHCA is out. You may check into the First T...
09/22/2009
Rainer
10,652

Steve Brown

local_phone(210) 658-7474
smartphone(210) 862-2885
Contact The Author