I was reading a blog on Money Magazine today about the best way to find a home loan. You can see that edition at this link (Money Magazine) Sarah Max explained, "When the easy money was flowing, you … [Read more...]
Frisco Mortgage
Renting a Home vs. Buying a Home…things that make you go, HUH
Here’s a quick note to let you know how I can help you or anyone you feel comfortable introducing me to, in making the decision whether they should stop renting and buy now, or stay where they are … [Read more...]
How To Shop Your Mortgage
This message is for those bottom line type buying a home or refinancing for the 2ND, 3rd, 4Th, and 5Th time. You only know enough to endanger the possibility of having correct expectations. In … [Read more...]
No Payment for 2 Months After Purchasing a Home or Refinancing
There are a number of ways that you can structure or plan a closing so that you can maximize your specific needs when financing a home today. Assuming you have a choice on your closing day, here are … [Read more...]
Lowest Interest Rate In History…30 year fixed
What is the standard for the lowest interest rate in history?Freddie Mac, one of the governing bodies of home loans in America, reported that their survey on rates goes back as far as 1971, and 4.78% … [Read more...]
The Fed Buys Treasuries to Ripen Mortgage Back Securities…Mortgage Rates Better
Lets all get on the same page first. Why does U.S. mortgage interest rates benefit from the Fed buying up Treasuries? Lets think first before I move on, the common law of supply and demand. So the … [Read more...]
Rates Getting Lower and Tomorrows Employment Reports Could Help More
Rates were great today, 3/5/2009, but I need interest rates for a 30 year fixed loan to get below 4.875% and 4.5% for a 15 year fixed. The one thing that could help that scenario to happen is that … [Read more...]
January Retail Sales Data may not help rates today…
After a couple days of low rates, we in the mortgage "circle" were hoping for the January Retail Sales Data report to come back negative...again, it's not good for the economy for negative reports, … [Read more...]
How is the Government going to get mortgage rates down to 4%?
Too often, the media passes over a story and doesn't do a good job explaining HOW. Sometimes the "HOW" is more simple than we expect, but if so, take a minute to mention it. The question, "how is the … [Read more...]
How is the GDP/Gross Domestic Product outcome going to affect mortgage rates?
The news had the reports front and center about the recent GDP/Gross Domestic Product outcome, and many I'm sure are wondering, "how will this change the mortgage rate market in the short … [Read more...]
