Kevin Greeley's (kevingreeley) Blog

Lenders are at it again!  Changes, changes, changes...  One of the latest is a lovely new application disclosure titled "Undisclosed Liabilities".    Lenders must determine that the liabilities up to and concurrent with the closing are used in evaluating the qualifications of the borrowers.  What...

I ordered re-usable shopping bags for my favorite real estate agents, consumers and co-workers.  They were a huge hit!  Most people have a few of them already, but like myself seem to always leave them at home and they never make it back to the car after unloading their groceries. The best part o...

Monthly Payments per $1000 of Loan    Years                15        20        30    4.0%               $7.40   $6.06   $4.77 4.125%           $7.46   $6.13   $4.85 4.25%             $7.52   $6.19   $4.92 4.375%           $7.59   $6.26   $4.99 4.50%             $7.65   $6.33   $5.07 4.625%       ...

1.) Take Your Pick. The days when there were more buyers in the market than homes for sale are over for now. Then, options were few and many buyers felt they had to take what they could get whether or not it was the ideal home for them. Now, the reverse is true: There are many homes to choose fro...

provided by www.ratekink.com Market CommentMortgage bond prices fell last week pushing interest rates slightly higher. Governments across the globe continued to battle the credit crisis and economic instability. Billions of dollars of debt offerings by the US Treasury continued to be announced. U...

Provided by www.ratelink.com   Mortgage bond prices remained volatile last week in thin trading conditions associated with the holiday. Daily movements in discount points often exceeded 1/2. Consumer confidence and ISM Index data showed continued economic weakness. However, weekly jobless claims ...