Tag Archives: Mortgage loan

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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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 Are The 4 C’s of Mortgage Lending?

And you just thought the 4 C’s were for diamonds! The mortgage industry has it’s own version, and these 4 C’s determine whether or not there is a loan to be made. Since the financial meltdown a few years ago, … Continue reading

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Quick Post – Home Buying Tip

Get Pre Approved for a mortgage before you call a Realtor and start shopping for your dream home. Many people start by contacting a Realtor and looking at properties.  This is fine if you are a cash buyer.  But if you’ll … Continue reading

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To Refi or Not to Refi – Is that really the question?

With mortgage rates at or near all time lows, that question is being asked thousands of times each day. But a better question might be: Does it make financial sense to refinance right now? There are always a host of … Continue reading

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