What you need to know when buying a home after a short sale, foreclosure or bankruptcy. A common question sellers from a short sale, foreclosure or bankruptcy have now that they want to re-purchase a home today is, “How long must I wait before obtaining financing after short sale, foreclose or bankruptcy?” An important step […]
Tag: interest rates
Mortgage Rates Continue Trickling Lower To New All Time Lows Tuesday, July 10, 2012 2:51 PM Mortgage Rates continued lower today, marking the third consecutive day at new all-time lows. Broader Bond Markets continued to benefit from a generally skeptical and negative outlook on the European debt crisis. That skepticism helped push the European currency […]
FHA rescinds tough new credit restrictions on loan applicants The withdrawn policy change, which had been scheduled to take effect Sunday, would have affected borrowers with collections or disputed-bill accounts in their credit files. In a policy switch that could be important to thousands of applicants seeking low-down-payment home mortgages, the Federal Housing Administration has […]
EXTRA EXTRA – Mortgage Rates at Record Lows for Friday July 6th, 2012 Record-low mortgage rates stuck around for another week, allowing home buyers and homeowners looking to refinance to lock-in super low financing. Both the 30-year and 15-year fixed-rate mortgages matched their all-time lows. “Mortgage rates were virtually unchanged this week hovering at or […]
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Mortgage Rates at Record Lows
EXTRA EXTRA – Mortgage Rates at Record Lows for Friday July 6th, 2012 Record-low mortgage rates stuck around for another week, allowing home buyers and homeowners looking to refinance to lock-in super low financing. Both the 30-year and 15-year fixed-rate mortgages matched their all-time lows. “Mortgage rates were virtually unchanged this week hovering at or […]
In our rush rush liyestyle, it may be easy to lose perspective on the nature of the home buying market in North Orange County. But if you pay attention to daily headlines and hear financial news stories you may of heard that interest rates are at rock bottom record lows! As of 6/27/2012 mortgage interest […]