ARCHIVED BLOG POSTS
So this is less of a blog and more of a question to all of the Realtors out there today. What are you looking for in a mortgage person? After spending a week attempting to meet an unrealistic closing date by an agent. I was told by the REALTOR that she just wanted a mortgage person who can make...
In order to answer this question, it is helpful to understand the four major interest rates that are affected by the Fed: Discount Rate (currently .50%) - the interest rate that banks pay when they borrow money directly from the Fed. The rate has been largely symbolic in the past because banks pr...
One of the most exciting new provisions of the Housing and Economic Recovery Act of 2008 is the First-Time Homebuyer Tax Credit. The credit is designed to encourage first-time homebuyers to go ahead and make the leap to purchase their first homes. Combine this tax credit with the fact that home p...