Lending giants Bank of America Corp. and Citigroup reportedly will offer mortgages at discounted rates to stir more lending among low-income borrowers and those with sub-prime credit histories. The loans will be originated through a program by the Neighborhood Assistance Corp. of America, a national nonprofit group that primarily assists low- to moderate-income borrowers.
When you are cleaning out your home to list it for sale, get three boxes or bags. Have one for trash, one for keeps, one for donation. Start early and do at least one room per week. Getting your home ready to sell can be very stressful. Do a little at a time to avoid […]
Mortgage rates were on the rise this week, with fixed-rates making the biggest one-week leap so far this year, Freddie Mac reports in its weekly mortgage market survey. Fixed-rate mortgages are now at the highest level since the week ending May 1. Freddie Mac reports the following national averages with mortgage rates for the week […]
When staging your house for sale, make sure all the light bulbs in one fixture are the same. Small details count. Call me if you need help with staging.
The Federal Housing Administration is overhauling a long-held policy of charging extra interest payments on loans it insures to borrowers who have already paid off the principal debts on their mortgages. FHA has permitted its lenders to charge borrowers a full month of interest when they sell or refinance a home, even if borrowers had […]
Stop giving away your hard-earned rent money to someone else and invest in your own future. This is the right time to buy with little or no money down. Own your own home or condo and paint the walls to your design. Give me a call 303.697.1767.
Habitat for Humanity has deconstruction teams that will come out and take out your old counter tops, cabinets, sinks, and appliances. They will give you a tax receipt that you can deduct on your taxes as well as helping out others less fortunate. Win Win.
64% of buyers want a move in ready home, not a fixer upper
Many buyers are switching to conventional loans to avoid the high mortgage insurance that goes along with current FHA loans. FHA increased their mortgage insurance from an average of $125/mo in 2010 to $340/mo currently. It’s part of FHA’s effort to boost cash reserves lost in the aftermath of the housing crisis. Look at a conventional […]
Don’t do anything to affect your credit between the time you apply for a loan and the closing time. Don’t buy new furniture, a car and don’t even pay off debts. Your lender will pull a credit report a second time just before closing to verify all the items are still the same, including your […]
- « Previous Page
- 1
- …
- 87
- 88
- 89
- 90
- 91
- …
- 93
- Next Page »