RECENT BLOG POSTS
Saving enough money to purchase a home is the most common obstacle for first-time home buyers.  To combat this, I often suggest structuring the purchase agreement and financing with two strategies that reduce the out of pocket expense, and lower the monthly housing expense.  With the exception of...
11/18/2014
Ask any Realtor and they will tell you that many buyers' budget and desires don't match up.  Real estate values are up significantly over the past few years, combine this with higher interest rates and lending costs, and affordability is constraining the first time home buyer market.   Even with...
11/07/2014
First Time buyers made up 30% of all home purchases in September, the lowest level since 1987.  The primary factors include difficulty saving for a down payment, excessive student loan payments, tightening lending standards, and low inventory.  There is also speculation that the younger generatio...
11/05/2014
The USDA Department of Agriculture offers the best mortgage program for first time home buyers!  USDA mortgages allows up to 100% financing for owner occupied 1 family properties and condominiums.   There are two kinds of USDA Home Loans: USDA Guaranteed Rural Housing LoanUSDA Guaranteed Home Mor...
10/31/2014
When looking to purchase a home, knowing all of the costs involved in homeownership can make a huge difference in your price range.  Before you begin looking for a home, consider these important factors. 1. Know How Much You Can Afford Your home search shouldn't begin with surfing the web or visi...
10/31/2014
I posted the following blog some time back and thought current events give a very good illustration of how geopolitical and global economic events are influencing interest rates today.  In recent weeks, we've seen interest rates fall to their lowest levels in 18 months.  While this is partialally...
10/24/2014
If you're writing new offers this week, please bear in mind that next week is essentially a throw away and you should extend your mortgage approval dates out to 12/19/14 or later.   A big thank you to my clients, and business partners for their support and business throughout the year!  Happy Tha...
10/24/2014
  October is here and with that comes pumpkins, mums and an array of ghosts and goblins in yards and around homes. Historically, this time of year brings a slowdown in real estate sales as prospective home buyers back off their real estate searches and settle back until next spring. According to ...
10/14/2014
Dear Brave Homeowner, March 13, 09 After a couple of weeks of sweating it out with rates pushing 5.5%, we are finally seeing a move back downward, and are now approaching 5%.  I'm am going to repeat my consistent theme, which is, I believe we have seen the bottom of the interest rate cycle, but t...
03/14/2009
While many believe mortgage interest rates will fall, I believe we have reached a bottom.  Upon passage of another stimulas package, investors will begin to focus upon a future economic recovery.  This coupled with the erosion of the dollar, and inflationary concerns, will keep interest rates in ...
01/23/2009
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