RECENT BLOG POSTS
According to Freddie Macs Primary Mortgage Market survey, mortgage rates for the 30 year fixed rate mortgage will start May off at a higher interest rate than at the end of April.  The average 30 year fixed mortgage rate stands at 6.06 percent, up from 6.03 percent a week ago.The 30 year fixed ra...
05/03/2008
Mortgage rates have held steady for the past couple of weeks but it look as if they are on the rise once again. This may be a bad time for an increase in mortgage rates as signs show that home values, in some markets, have begun to appreciate. Mortgage rate averages for both the 30 year and 15 y...
04/24/2008
If you are looking to purchase a home in the Twin Cities area, you may want to look in Minneapolis where the Advantage Loan Program can assist you with up to $10,000 on the purchase of a new home. The terms of the loan include a zero percent interest rate, no monthly mortgage payment and the mor...
04/19/2008
A video clip from clip syndicate about home values in West Escondido, CA caught my attention and brings forth an important question.  How can purchasing a home now be more beneficial than waiting for home values to decrease?In the news video it stats that home values have decreased by more then 4...
04/17/2008
If you are facing foreclosure or planning to walk away from your mortgage obligations, Fannie Mae has a strict warning for you. Borrowers facing foreclosure will be unable to obtain a loan for up to five years through the mortgage giant, unless there is "documented extenuating circumstances” in ...
04/12/2008
Mortgage rates were just about the only report this week that were not disappointing to the US economy. According to Freddie Mac's Primary Mortgage Market Survey, rates for the 30 year fixed mortgage remained unchanged throughout the week at an average of 5.88 percent while the 15 year fixed rat...
04/10/2008
Washington Mutual, once the second largest residential mortgage lender in the US will stop originating mortgage loans through independent mortgage brokers. However, WAMU will still originate mortgage loans through its 2,200 retail bank branches located throughout the country. Washington Mutual wa...
04/10/2008
Today I was looking for new videos to upload onto my website and I came accros an interesting title: "Real Estate Agent Blogs For Business." The first thing that came to mind is if AR plays any role at in this success. Sure enough as she says she is knew to blogging but she hit the right tone wit...
03/27/2008
Refinancing Boom Amid Falling Mortgage Rates Mortgage applications nearly doubled last week after the Federal Reserve slashed interest rates by 0.75 percent last week. Refinance mortgage applications increased by 82 percent last week as mortgage rates begun to decline for the first time since Feb...
03/26/2008
The data for February existing home sales are in, and the numbers came in stronger then expected. Could this be the first signal to the US housing market recovering? Today's Economic Data: February Existing Home Sales Some Mortgage Companies Blackball Arizona At this point it is really hard to sa...
03/24/2008
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Jeremy Redlinger

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