Recently I had a borrower that wanted to purchase a property using a VA loan, and they informed me that they had a foreclosure in their past that was now 3 years old. After running their credit, I noticed a couple things that were just not lining up as they should. I did some investigating and
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01/28/2014
According to NAR's most recent housing report, home sales are NOT being dampened by mortgage rates. In 2013, home sales actually rose to the strongest levels they've been in 7 years. You can read the full report and find out more about this topic in this week's Realtor Snapshot by clicking the
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01/27/2014
If you are in the process or thinking of obtaining a VA loan and are NOT reinlisting after obtaining your VA loan, you definitely want to read this. As I recently learned through a transaction I was helping a client with, if you are obtaining a VA loan and will not be reinlisting after receiving
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01/12/2014
Forecasting anything for an entire year can be difficult, and forecasting mortgage rates for 2014 is no different. However, there are a few factors that we know about that will most definitely affect mortgage rates this year. Those include the end of QE3, the improving economy and the yield on
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01/06/2014