Taxes complete, do a recap to benefit form this year next year
Many folks call to ask what is a HARP 2
0 all about
The Home Affordable Refinance Program (HARP) is a program designed to assist homeowners in refinancing their mortgages – even if they owe more than the home’s current value
Our term for this is called "underwater
Read more [...]
I am still amazed when I get a call from a client and find out they have interest rates near or exceeding 5% or higher. When we finish looking at their particular financial situation and see how they can save by refinancing the comments are often the same, "I wish I had done this earlier."
Here's Read more [...]
Freddie Mac reported Thursday in its weekly update that the average interest rate on 30 year, fixed rates moved upward this week, to 3
This is the highest levle since September 29, 2012
In comparison, last week's average rate was 3
When you compare rates from 30 years ago, rates Read more [...]
Just a mere 4 years ago a question often forgotten was, “Do you have the ability to repay your mortgage?” The question was simply not on the forefront of the minds of borrowers
Prior to the financial meltdown there was a feeding frenzy to buy homes, often without consideration Read more [...]
Just a mere 4 years ago the question “Do you have the ability to repay your mortgage?” was not on the forefront of the minds of consumers purchasing homes
There was a feeding frenzy to buy homes regardless of the ability to repay the loan
The prevalent thought at the time Read more [...]
Do you currently have a VA Loan? If so, you may find it beneficial to explore getting a VA Interest Rate Reduction Refinance Loan (IRRRL), commonly referred to by lenders as VA Streamline Refinance. Many Veterans here in Delaware, Maryland and Pennsylvania are seeing the benefits from this Read more [...]
VA Streamline (IRRRL) Facts and Answers
If I currently have a VA Loan, do I need an property appraisal? Answer: No appraisal or credit underwriting package is required when applying for an IRRRL.
Do I need put out any out of pocket to get my VA loan refinanced and my interest rate Read more [...]
If you are in the market to purchase a home in Delaware, there are several important questions you should be asking:
Is now the right time to buy a house?
Are housing prices going to go any lower?
Did I miss out and are housing prices starting to rise?
Based on the most recent published Read more [...]
The start of a New Year is always the best time to forget out the past and plan for the future
One of the issues all of face is time
Time Management escapes us because most of us are just so busy with life
Our work, our family, and yes, working in a little fun
The problem: FUN Read more [...]