Author Archives: go2mortgageguy

I’ve Moved

Posted on February 1, 2013 by go2mortgageguy

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

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Refinance Volume Continues Upward Trend

Posted on October 19, 2012 by go2mortgageguy

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

Posted on October 11, 2012 by go2mortgageguy

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

Posted on October 9, 2012 by go2mortgageguy

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

Posted on October 4, 2012 by go2mortgageguy

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

Posted on October 1, 2012 by go2mortgageguy

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

Posted on September 27, 2012 by go2mortgageguy

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

Posted on September 24, 2012 by go2mortgageguy

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

Posted on September 20, 2012 by go2mortgageguy

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

Posted on September 12, 2012 by go2mortgageguy

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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