Archive for April, 2007
What Kind of Loan Should a First-Time Home Buyer Get?
Does having bad credit mean that you can’t get a loan? Of course not! Does it mean that you might have to put a little more effort into obtaining a loan? Maybe. Either way – you need to start somewhere and this may help your decision…Buying a home for the first [...]
Low Long-Term Rates Drive Home Sales Higher
It seems as though I find valuable new mortgage information far more often than I ever expected when I started this blog. Let me know if this information was helpful…Sales of existing homes increased last month, compared to the previous month. Low long-term rates and the decision by the Fed to maintain the [...]
New Home Sales Dip Despite Low Rates
Have you seen the rates lately? I still consider anything under 8-10% to be a bargain. We might not see the 3-4% days for a while, but look back many years and you’ll see 8%, 10%, 12%, and even higher! Here’s some recent information that I found….The report of new home sales [...]
