ShareDespite all the talk of the debt downgrade and how mortgage rates and interest-rates would skyrocket, it just hasn;t happened. In fact, mortgage rates have done the exact opposite, mortgage rates especially long-term mortgage rates have gone down. It’s been …
Tag Archives: mortgage credit conditions
Mortgage Rates Headed Lower?
Posted 283 days ago by Posted in Mortgages Tagged Fannie-Mae, Mortgage, mortgage credit conditions, mortgage rates, purchase No Comments
Commercial Mortgage Credit
Posted 294 days ago byShareCommercial mortgage credit availability presently and in the foreseeable future will still be restrictive and limited. It is estimated that over a trillion dollars worth of commercial mortgages in the United States will become due in 2012 to 2013. This …
Interest-Only Jumbo Loans
Posted 379 days ago byShareWhy do intererst-only jumbo loans make sense in today’s mortgage market? There are many reasons to use the interest-only feature on a jumbo loan, but first let’s look at the characteristics of the jumbo loan borrower. The jumbo loan borrower has …
Posted in Mortgages, News Tagged interest-only jumbo loans, Jumbo Home Loan, jumbo mortgage, mortgage credit conditions, self-employed No Comments
Jumbo Mortgages
Posted 410 days ago byShareJumbo Loans or Jumbo Mortgages are those that exceed the conforming limits of Fannie-Mae and Freddie-Mac, which are currently set at $417,000 – if you have a loan above this amount your loan is considered a Jumbo or Non-conforming Mortgage. …
Tagged Jumbo Home Loan, Mortgage, mortgage credit conditions No Comments
ShareFirst: make sure you are working with an experienced, professional loan officer. The largest financial transaction of your life is far too important to place into the hands of someone who is not capable of advising you properly and troubleshooting …
State of the Credit Markets
Posted 422 days ago byShareI 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 …
Posted in Mortgages, News Tagged Credit Markets, Fannie-Mae, Freddie-Mac, Mortgage, mortgage credit conditions, News No Comments