How Often Do Mortgage Rates Change?
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Category Archives: Mortgages
How Is A Credit Score Broken Down?
Credit scores. Can’t understand them, but without a good one – or lots of cash – buying a house is not attainable.
Well? Is It Really A Good Time To Buy New River Valley Real Estate? Part One …
Reprinted from the Wall Street Journal – see the full article here. Part Two forthcoming, with my thoughts. What do you think?
From Inman.com – The Anatomy of a Real Estate Appraisal
This article is cut and pasted from Inman.com, with a link to the full article here. I didn’t want it disappearing behind their pay wall. Every area is a little bit different, but this is a good, comprehensive look at the mechanics of a home appraisal. You can find New River Valley real estate tax rates here.
Why You Should Think About Refinancing – NOW
I’m not a lender. I don’t play one on TV, I didn’t stay at a Holiday Inn Express last night, and I’m not sending three easy payments of $19.99 to be a lender. But when I see low interest rates, I pay attention, because if I know where the low rates are than my clients are probably interested.
Working With FHA Programs Just Got Easier
Finally. The Federal Housing Administration announced yesterday that they will now allow electronic signatures on FHA contracts. It’s about time.
Understanding Your Credit Score
Let’s be honest – no one understands how credit scores are tabulated. But Marianne Lane of Coldwell Banker Mortgage does a good job, I think, of at least explaining some of the Fact and Fiction surrounding the score.
New Forms Make Understanding the Details Easier
How Many New River Valley Loans Are Resetting in 2010?
I was asked by a local reporter recently for some end-of-year thoughts on the New River Valley real estate market, and while I haven’t yet started working on the 4Q report yet, I started to wonder how many loans in the NRV will be resetting in the coming year. Peoples mind might be asking themselves, “ Can I get a loan with bad credit?”
To Point, Or Not To Point – THAT Is The Question
To pay points or not to pay points: Everyone has heard the term “buying down the rate”, or “paying points”, but what does
it really mean and should you be paying these?