Thought for the Day
"Success seems to be largely a matter of hanging on after others have let go." -- Publisher William Feather
Mortgage Rates
Mortgage Rates
Mortgage Rates Hit a New Low! Time To Get Off The Fence!
Mortgage rates in Illinois, and the nation, have hit a new low. Purchase or refinance… It may be time to make that move that you’ve been putting off!
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Home Mortgage Rates Increasing??
March 31, 2010 is the scheduled end to the Fed’s multi-trillion $$ purchase of Mortgage Backed Securities!! While the exact impact is uncertain, most economists expect rates to increase, at least on a temporary basis. There’s a nice explanation in the Think Big Work Small video below…
TBWS Daily Monday March 15, 2010
The Importance of Credit in Mortgage Financing: What Factors Make Up My Score?
Anyone who has applied for a mortgage, is well aware of the importance of credit score. Thanks to a variety of television adds, even those who have never bought a home, all are now very familiar with the fact that we have a credit score, and that it is used in conjunction with determining our [...]
The Importance of Credit In Mortgage Financing
As little as 2 years ago, an individual with a 640 credit score could find an acceptable mortgage rate, without much in the way of pricing add ons. Since the bottom fell out of the mortgage credit markets, back in late 2007/early 2008, credit has gotten progressively more and more important. In fact, “important” is [...]
JULY SPECIAL... Fannie Mae/Freddie Mac Home Affordable Refinance Extended until 6/2011! I WILL CREDIT THE COST OF APPRAISAL ON CLOSED LOANS THAT APPLY IN JULY!