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: Mortgage
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 […]
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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 […]
Despite the fact that loan modifications should make sense for all involved, the truth is that most loan modifications available today are even worse than the mortgages they’re replacing. Despite the recent headlines about new loan modification programs featuring principal balance reductions, a simple look under the covers reveals these new programs still fail to […]