ARCHIVED BLOG POSTS
2009
7
Comments
Beaverton home for rent... What are you doing? You would most likely drive a few miles out of the way and wait in line for 30 minutes for a free tank of gas (a $50 value more or less) but you'll walk away from eight thousand dollars $8,000? Explain to me..no better yet, explain to yourse...
08/27/2009
5
Comments
Wake Forest home for rent... What are you doing? You would most likely drive a few miles out of the way and wait in line for 30 minutes for a free tank of gas (a $50 value more or less) but you'll walk away from Eight thousand dollars $8,000? Explain to me..no better yet, explain to yourself h...
08/27/2009
Why Pay Private Mortgage Insurance (PMI)? Private Mortgage Insurance (PMI) is required by most lenders when a borrower puts less than 20% down on a purchase loan. Paid for by the borrower, PMI not only protects the lender from foreclosure, it also enables many buyers to qualify for loans and pur...
08/27/2009
Greetings from beautiful Cary North Carolina! Mortgage Rates are higher from the lows of last week and the indicators are that rates will continue to rise. This morning there is a chance that rates will improve slightly as stocks are trading mostly lower. The feds extended their deadline fo...
08/14/2009
Ha ha ha! This is brilliant! Absolutely brilliant! Enjoy the great blog by Alan mayThe American Medical Association has weighed in on Obama's new health care package. The Allergists were in favor of scratching it, but the Dermatologists advised not to make any rash moves. The Gastroenterologis...
08/14/2009
California mortgage rates have dropped! Conforming Rate APR Payment per $1,000 30-Yr. fixed 4.875% 5.020% $5.29 Call 0.000% $0.00 15-Yr. fixed 4.375% 4.622% $7.59 for 0.000% $0.00 7-Yr. fixed ARM 4....
08/13/2009
Mortgage rates are improving slightly ahead of the expected purchase of mortgage backed securities by the feds. Ginnie Mae President Joe Murin resigns after only one year. Sources cite there are no negative connotations behind Murin's resignation and that these plans have been in the works for a...
08/13/2009
Mortgage rates increased this morning after the feds announced they will continue buying mortgage backed securities until October. As a result stocks are higher and bonds are down causing mortgage interest rates to rise. Remember, bad economic news means lower mortgage interest rates. Good ec...
08/12/2009
Zillow.com is reporting that almost 25% of all mortgagors owe more money on their mortgage than their home is worth and that figure may increase to 30% by mid 2010. Home values dipped in the second quarter from a year earlier in almost 90% of the 161 U.S. metropolitan areas surveyed b...
08/11/2009
Zillow.com is reporting that almost 25% of all mortgagors owe more money on their mortgage than their home is worth and that figure may increase to 30% by mid 2010. Home values dipped in the second quarter from a year earlier in almost 90% of the 161 U.S. metropolitan areas surveyed by Zi...
08/11/2009
Rainmaker
423,528
423,528
Nevin Williams
Senior Mortgage Advisor