Just in case you were wanting to have a Mortgage person on Twitter, here is a my link. http://twitter.com/Frisco_Mortgage … [Read more...]
Refinance Current 30 yr Mortgage Into a 15 Year and Compare Advantages
Why are the majority of Frisco and Texas refinance applicants more interested in lowering their monthly payment rather than accumulating fast equity and ownership of their home? Get your mind right … [Read more...]
Who To Believe While Shopping Your Loan
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...]
$8,000 Tax Credit Towards FHA Downpayment
HUD Secretary Donovan appeared at a NAR yesterday, and this is an exact excerpt of his remarks: "We all want to enable FHA consumers to access the tax credit funds when they close on their home loans … [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...]
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...]
First Time Home Buyer Tax Credit
The First Time Home Buyer Tax Credit Basics This is a dollar for dollar credit you get on your taxes at the end of the tax season the year you buy your first home. Dollar for dollar means, there is … [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...]
