Yes, that’s not a typo or missing some additional .5 or .75.   As mortgage backed securitities continue to gain steam due to overall weakness in the economy the rates for Conventional and Government loans have reached new lows.   For the first time in my years as a Loan Originator I had clients close on a purchase [...] Read more

8. GET INSURANCE No one would drive a car without insurance, so it figures that no homeowner should be without insurance. The essential idea behind various forms of property and real estate insurance is to protect owners in the event of catastrophe. If something goes wrong, insurance can be the bargain of a lifetime. What [...] Read more

For a first time homebuyer the whole process of purchasing a home can be a bit daunting at first thought.  It doesn’t need to be if you have the right people you are working with.  That also goes for any person purchasing a home in the ever evolving real estate and mortgage market.  Here’s a guide [...] Read more

Two weeks into the new year and the average rate for a 30 Year Fixed Conventional Mortgage is at 5.06% as reported by Freddie Mac.  That’s lower than the previous two weeks but nowhere near the record lows we saw in 2009 when the average got as low as 4.71%.  So the big question is [...] Read more