Good Rates This Week
All eyes were on the Fed this week. The Fed decided not to raise the prime lending rate and the markets loved it, giving interest rates a break. The upward movement of last week was broken. We started the week with the Feb retail sales down .1% but then Jan. sales...
Can a Loan Be Freedom to You Too?
Sometimes a loan is more than just a loan, it’s freedom! A client, who has been a client now for 15 years, called to see if I could help because she was in a bind. She had co-signed for her son for credit and let her son use her credit cards to run his construction...
Can You Buy an “Ugly House” with a Minimum Down Payment?
You cannot buy an ugly house with a minimum down payment. FALSE! We have a program that allows you to buy a home with 3.5% down and build in the cost of fix up or expansion. Imagine the neighborhood you love only has 3 homes for sale, and the only one that doesn’t...
Rates are Moving Around
This week’s update is from one of the economic analysts I follow, Larry Baer. He mostly deals with the gyrations of the bond market and its effect on mortgage rates. He dings me by text with updates starting at 5:30 am daily on days when bond market is trading. What...