Author Archives: go2mortgageguy

I’ve Moved

Please continue to follow me at my new location: http://www.michaelapearson.com Thank you! Michael Advertisements

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Refinance Volume Continues Upward Trend

Conventional refinances continue to be hot in 2012.  Regardless of the value of their homes, owners are taking advantage of historically low-interest rates. Information taken from Mortgage News Daily – Refinancing through Freddie Mae and Fannie Mae jumped sharply in August … Continue reading

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Low Home Appraisals Are Still A Problem

A couple of weeks ago, I posted an article about the dominance of refinances in the mortgage market (see here). This trend is likely to continue, at least for the near term, as housing values continue to delay, cancel, and … Continue reading

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3 Refinance Trends in 2012 – Likely to Continue

Remember the days of the ‘cash out refi’?  When homeowners eager to make a large purchase, consolidate debt, or splurge on a big vacation, would pull money (equity) out of their homes through a refinance. Those days seem to be … Continue reading

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Mortgage Rates Continue to Drop

Interest rates across the board continue their downward plunge into record low territory.  30-year fixed-rate mortgage (FRM) averaged 3.36 percent with an average 0.6 point for the week ending October 4, 2012, down from last week when it averaged 3.40 percent. … Continue reading

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Top 3 Most Stressful Life Experiences

The top 3 most stressful life events as rated by Americans: Death Divorce Moving Moving? Really? Yep.  It seems everyone dreads the process.  Reasons given for cause of stress include: Deciding when and where to move Worrying about how much … Continue reading

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Refinances Dominate Market

I read an interesting article this morning, about mortgage loan market share (I know, who really thinks that is interesting).  What struck me was the actual number of refis taking place vs. purchases. The current number is 81.2% of all mortgage … Continue reading

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What to Look for During Your Final Walkthrough

This step is a must! Do not let yourself become distracted by furniture placement just yet. Final walk-through are not a home inspection. This is not a time to begin negotiations with the seller to do repairs, nor is it … Continue reading

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5 Reasons to Buy a Home Now

Originally posted on investment property atlanta:
by The KCM Crew Based on prices, mortgage rates and soaring rents, there may have never been a better time in real estate history to purchase a home than right now. Here are five…

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Time Off

I will be traveling for the next couple of weeks, and taking lots of pictures to share.  See you when I get back!

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