Tag Archives: Credit Markets

Home Sales Face Headwinds

Posted ago by Cary Cox

ShareHousing always leads any economic recovery, but it seems that home sales can’t yet gain any traction. There are just too many forces that are keeping home sales and prices down. Here is a great article from oru friends at Linkedin that …

Is it The Time to Buy?

Posted ago by Cary Cox

ShareHere is a report from the Wall Sreet Journal that makes a good case that now is the time to buy a new home. Back in June 2006, when the housing market peaked, the prospect of a five-year national housing …

Mortgage Rules – Ever Changing

Posted ago by Cary Cox

ShareIt seems that mortgage underwriting guidelines change as often as the weather in Houston, Texas and that’s a lot. Why the constant change in mortgage underwriting for conforming mortgages, jumbo mortgages, and super jumbo mortgages? Two reasons, risk management and …

Mortgage Rates & Credit Scores

Posted ago by Cary Cox

ShareYour mortgage rate is heavily influenced by your credit score. Whether you have a conforming mortgage, jumbo mortgage, or super jumbo mortgage the fact of the matter is the higher the score the better your interest rate on your loan. …

State of the Credit Markets

Posted ago by Cary Cox

ShareI was reading an article from RSI Media and the Chief Economist for the National Association of Realtors chief economist, Lawrence Yun said, “We’d be seeing greater numbers of traditional home buyers if mortgage credit conditions return to normal.” Well …