Archive for May, 2007
Mortgage Activity Blooms in Spring
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…
Last week’s mortgage applications almost 20% […]Fed Leaves Interest Rates Unchanged Again
For the seventh consecutive time, the Fed decided to maintain the Fed Funds Rate at 5.25%. The Fed Funds Rate affects short-term interest rates such as those on adjustable rate mortgages and home equity lines of credit.
5 Things Every Home Buyer Should Consider
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….
Buying a home for the first […]