Archive for January, 2008
Economic stimulus plan may spark housing market
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….President Bush and House leaders […]
Existing home sales slip, mortgage rates still low
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…The National Association of Realtors announced […]
Falling mortgage rates spur refinancing surge
This morning the Mortgage Bankers Association reported that for the week ending January 18, 2008, the Market Composite Index, the weekly measurement of mortgage loan application volume, jumped by 8.3 percent overall.