The VA loan program has seen some changes recently, making them worth having a look at again if you are a veteran considering purchasing a home.
According to RisMedia these changes have resulted in Veteran loans that offer 100% financing (with the exception of a few). The loan limits now top $417K and in high cost regions […]

According to a recent Reuters story, the Standard & Poor’s/Case Shiller composite index made up of 20 metropolitan cities priced declined by 2.2% in March, while the Conference Board said the consumer confidence index declined to 57.2% this month. So what does this mean for home buyers? Good news!
For the seller it might be a […]

Whether you’re in the market for your first home or just moving up this latest dip in interest rates today is great news for US buyers. According to the Chicago Times the 30 year fixed rate has dropped to an average of 5.98%. That’s the lowest rate we’ve seen in about 5 weeks where it’s […]

What could be better than buying a new home without putting anything down. No cash up front changes the game considerably doesn’t it? Now you suddenly find that you really can afford to own a home.
There’s only one little catch, you have to be willing to pay the higher interest rates that are associated […]

It seems these days we hear so much doom and gloom about the real estate market, when actually there’s no better time to buy right now – at least in Florida.
According to the Florida Realtors long term economic and demographic trends continue to be favorable in Florida and that’s expected to continue into the future. […]

Whether this is your first mortgage or your tenth weeding through the ins and outs of getting the best mortgage can be overwhelming and frustrating. Perhaps that’s why the role of the mortgage broker is changing.
A poll done by Alliance & Leicester shows that 47% of all mortgage brokers feels that the low confidence […]

First time buyers are becoming more creative when it comes to obtaining a mortgage. According to a recent article at Fair Investments more first time buyers then ever before are looking at mortgage intermediaries.
It seems that mortgage intermediary customers have seen over a 10% increase in just one year and the number of people […]

Getting a free mortgage quote online is actually quite easy. There are many sites that allow you to fill out one form and receive quotes from several different lenders.
LendingTree.com - The most prominent and well known of all loan comparison sites. Huge matketing budget means you have most likely seen the commercials on TV. Allows […]

Treasury Secretary Henry Paulson wants stronger government oversight of mortgage lenders and their dealings. Trying to avoid a repeat of this current meltdown is his goal and preventing the country from potentially falling deeper into recession due to continued poor operations from the main mortgage lending houses.
Some of the recommendations he has include:

Stricter laws regulating […]

In what is becoming a common occurrence in the securities and investing world, a top bank has bailed out a struggling division with a huge cash injection. Dresdner Bank has bailed out its K2 fund to repay all of its senior debt because of the funds incredible $32 billion loss last year.
What does this signal […]