Wednesday, November 16, 2011
Tuesday, November 15, 2011
Great article on what to consider when deciding betweeen renting or buying a home in this market. http://ping.fm/gZmEd
Friday, November 11, 2011
The average rate on the 30-year fixed mortgage fell below 4 percent for just the second time in history. Freddie Mac said Thursday the rate on the 30-year fixed loan fell to 3.99 percent, down from 4 percent last week. http://ping.fm/ysAwZ
Wednesday, November 9, 2011
Tuesday, November 8, 2011
Effective Oct 1, 2011 Fannie Mae and Freddie Mac lowered their conforming loan limits back to 2008 levels. Find out what that means for Jumbo mortgages. http://ping.fm/Ve9xS
Wednesday, November 2, 2011
Why now is the time to buy. Two key measures now suggest it's an excellent time to buy a house, either to live in for the long term or for investment income (but not for a quick flip). First, the nation's ratio of house prices to yearly rents is nearly restored to its prebubble average. Second, when mortgage rates are taken into consideration, houses are the most affordable they have been in decades. http://ping.fm/D5TSg
Tuesday, November 1, 2011
Thinking of Buying a Home that is a Short Sale? Great article on exactly what they are and how long they typically take to close. http://ping.fm/9TvwG
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