The Blood Bath Continues! Ok guys, we have lost another 100 Basis Points today so in the last 48 hours we have lost 234 basis points int he mortgage bond market! I am not sure how to put that into perspective but HUGE is not nearly a big enough to describe it. Continue Reading about Fort Mill Mortgage Rates Going Up?
Mortgage
Dec 2010 Mortgage Tips For Fort Mill Home Buyers
Loan officer Olan Carder with American Security Mortgage sent out a video today to real estate agents with a couple mortgage tips or recommendations. Here is recap of Olan?s message? Olan?s first message is about potential home buyers. If you are waiting for the new year to make a home purchase decision or closing, you may want to know mortgage rates are inching up slightly. Olan sees momentum Continue Reading about Dec 2010 Mortgage Tips For Fort Mill Home Buyers
What Drives Mortgage Rates Video By Olan Carder
The Federal Reserve does not set mortgage rates. Mortgage companies don?t even really have control over rates going up or down on a daily basis! Who is really behind the mortgage rate market? Well, interestingly enough it could be YOU! The general investing public has a huge impact on mortgage rates moving up or down. Watch this video to learn more? Continue Reading about What Drives Mortgage Rates Video By Olan Carder
USDA Loans in Jeopardy!
USDA loans are used to help low to moderate income families buy homes in rural areas.? Most of the communities right outside of Charlotte are eligible and USDA has quickly become one of the hottest programs today primarily due to its zero down payment and no PMI.? USDA is funded each year through Congress, and like most years they are running behind on getting the appropriate funding passed.? Most Continue Reading about USDA Loans in Jeopardy!
How Hard is Getting a Mortgage Loan Today?
How hard is it to get a mortgage in the current economy? I am constantly confronted with wildly different views on what getting mortgage is really like today.? To hear some people talk one would think getting a mortgage is nearly impossible, and yet others make it seem easier than ever.? I find that typically the truth lies somewhere in the middle. As a mortgage lender I can tell you without Continue Reading about How Hard is Getting a Mortgage Loan Today?
Mortgages for First Time Homebuyers!
Are there still mortgage available for First Time Homebuyers with limited funds and credit? Many FTHB's (First Time Homebuyers) have heard you need 20% down or perfect credit to get a mortgage right now.? Lenders have been in the news a lot, and the natural reaction is that when lenders struggle or fail, loans are harder to get.? I am not denying that there are less loan programs now than 24 Continue Reading about Mortgages for First Time Homebuyers!
Mortgage Money Still Easily Accessible!
Contrary to rumor, mortgages are not that hard to find! Homebuyers have returned to the market, and sales are increasing but too many are still sitting on the sidelines.? There are First Time Homebuyers that would love to take advantage of the $8,000 Tax Credit but don't think they can!? Fear of the unknown keeps people from pursuing their dreams everyday.? This is a real shame. I have heard Continue Reading about Mortgage Money Still Easily Accessible!
VA Loans in Tega Cay Offer Zero Down Financing
VA mortgage loans offer 100% financing to Tega Cay homebuyers! If you have ever served in the armed forces you might be eligible for VA home loan.? The Department of Veteran Affairs offers lenders a guaranty on the loan so lenders can offer qualified veterans a 30 year fixed rate mortgage with no money down and no monthly mortgage insurance! Your VA entitlement does not guarantee you a home Continue Reading about VA Loans in Tega Cay Offer Zero Down Financing