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Are All Pre-Approvals Written in Stone?
Are all pre-approvals are written in stone? Not necessarily. Read the story below and find out why you should run your online pre-approval through QC (Quality Control). I just had a listing agent ask me to verify or cross qualify a client who had approval from...
Mortgage Rate Sheet for 9.12.14
Economic news: This week had economic news that wasn’t too good. Retail sales for August were in line with expectations, up .6%. The 3 year note auction was not very strong, which means that investors think they could get a better deal by not buying short-term debt....
A Buyer with Less than 20% Down HAS to Pay PMI…FALSE
A buyer with less than 20% down HAS to pay PMI. FALSE. In fact, there are 4 ways to pay PMI and 2 of them are not monthly. Here's how: On a $400,000 loan on a condo with 5% down, you might have to pay $300 per month for PMI. However, to avoid that monthly fee, you can...