Santa Rosa CA Mortgage and Home Loans Ascent Home Loans

Greece is going bankrupt! Spain. Portugal, Ireland and several other countries are on verge of defaulting! The growth in the world's economies is either at a stand still or moving into negative territory! Over the past month we have all heard the above statements from the experts in print and als...

What? Haven’t you heard that the housing slump is over with? You must be seeing the same news reports I am. News reporters expounding that both the new and pending home sales are up. Come on everybody let’s jump in now before it is too late! For the past few months that’s all the news has been re...

I’m sure many of you have heard over the past few weeks, or maybe even saw some of the advertisements touting that FHA will now allow First-time Homebuyers to use the stimulus packages $8000 tax credit as a down payment for a home. As exciting as that may sound to a first-time homebuyer, it is no...

    If you one of the many who are eager to join the "Go Green" movement, what better way than go and check out the Solar Fair at the Finley Center in Santa Rosa on June 20th.  The fair opens it's doors at 11am and closes at 6pm. In partnership with PG&E, the fair will have many activitesd throug...

Many potential borrowers have been hearing encouraging news lately in regards to the real estate market. In fact. today the numbers were released for construction spending and pending sales and they were both up. Other economic indicators over the past weeks have been improving also. But what doe...

Today the Senate defeated the anti-foreclosure bill 45-51/ The bill was intended to help homeowners keep their homes through the bankruptcy courts. In the bill was the so called cram down provision that allowed bankruptcy judges to reduce the principal on borrower's mortgages. This in turn would ...

For many borrowers it has been a long and hard road over the past months to try to refinance their homes. Credit has been tight, mortgage companies are making it harder every day to qualify for a loan, and some borrower's mortgages are more than their homes are worth. But now there may be some re...

  “Seize the day, and put the least possible trust in tomorrow.”  Horace quotes (Ancient Roman Poet. 65 BC) The above words were never more true in today's mortgage climate. As I mentioned in my previous blog, "Refinance and Purchase Why Not Wait?", I explained why it was not wise to wait to lock...

Every month the mortgage industry and also the federal government report whether mortgage applications have increased or decreased. Since the government has started purchasing loans, interest rates have fallen into the mid 4 to 5% range. This has brought about the opportunity many have been waiti...

Many of you may remember or many of you may have not even known that months ago when the Fed issued the statement that they would be taking over Fannie Mae and Freddie Mac that interest rates dropped 5/8 to 3/4 of a point over night.  That had been a drop from 6.50% to 5.25%. Unfortunately, it on...