ARCHIVED BLOG POSTS
2008
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(3)
but a flight to quality in US Treasuries. Unfortunately mortgage rates didn't tag along for the ride, and buyers backed off their prices during the day. On today's economic agenda, October's composite home price index is expected to decline -17.9%, a new record low, due to the inventory of homes ...
12/30/2008
I saw the rates as low as 4.5% @ .5 points cost last week for 1 hour. If you don't position yourself with a fully approved package, you will get passed by and end up locking a higher rate. Buy the time borrowers decide to apply for lower rates the market bumps up to 5% or higher. The smart money...
12/26/2008
17
Comments
We finance 110% of the purchase price on foreclosures. This loan includes: The down payment, Appraiser-required repairs costs up to $5,000 without an inspector, the balance of 110% covers ALL closing costs and pre-paid expenses. You need to bring in $100 to escrow. Did I read that right? Yes ...
12/06/2008