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Well, as if we didn't have enough changes taking place at lightening speed, now one more change from Fannie Mae came down effective August 1, 2008. This time the issue swirls around new rules that will affect converting your principal residence to
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For those of you, like us, who are numbers people, we wanted to pass along some more interesting facts (another hat tip to one of our lending partners, Rob Kanyur at Nova Home Loans in Scottsdale , AZ - www.robk@novahomeloans.com or www.robkanyurcandomortgages.com
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BY THE NUMBER$. (Hat tip to one of our lending partners, Rob Kanyur at Nova Home Loans in Scottsdale, AZ - RobK@NovaHomeLoans.com or www.RobKanyurCanDoMortgages.com Hope you find it as interesting as we did!!! 1. MOST RECENTLY - 7 of the last 9 months
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We don't normally like to turn our blog posts into long diatribes, but at the same time, there have been so many changes this past year in lender financing, as well as multiple changes at Fannie Mae/Freddie Mac and most recently with FHA, we felt
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Most of us have heard by now that "it's a great time to buy", even though it seems many people still don't believe that here in the United States. Myriads of people continue to stand on the sidelines believing that next year will be
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Just received this from one of our strategic partners regarding today's decision on the "Fed Auction Facility Program"... The markets were looking for a holiday treat yesterday by way of a 50 basis point Fed cut in the Discount Rate. And
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Time again for Mortgage Mondays and today we're going to chat a bit about our homes...and how we view them. Perhaps it's just because we come from the Midwest and homes are viewed a bit differently there than they are here in the Southwest. Or
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Fannie Mae and Freddie Mac have announced that in order to compensate for the high delinquency credit losses on FNMA and Freddie MAC loans, certain loans that close after December 31, 2007, will be re-priced to reflect the new risk-based pricing. The
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Welcome to Mortgage Mondays where we discuss lending, finances, and the markets overall. As promised in our post this past Saturday, today we are going to share a few more stats with you. Over the next few months, we'll be posting and sending out
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Ok...so maybe we have a warped sense of humor, but we find this one pretty funny and needed to put it in our Silly Saturdays this week. Unfortunately, this is the kind of stuff we read every day in the media, and then of course they NEVER take any responsibility
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Welcome to Flippin Fridays with Househangout where we talk about what flipped (and what didn't) in the Phoenix metropolitan area over the past week. ( Note: This data has been pulled from the Arizona Regional Multiple Listing Service and is deemed
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Welcome to Mortgage Mondays! Granted the thought of purchasing your first home is both exciting and somewhat daunting, but in the end it's well worth the time and effort. Today we'll be discussing some things that you, our first time homebuyers,
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