by Matthew Graham Despite Weaker Treasuries, Mortgage Rates Improve Nov 29 2011, 4:52PM Mortgage Rates improved again today. This would be a good day to NOT be looking at US Treasuries for an indication of mortgage rates. 10yr yields moved about 0.02% higher while the Best-Execution mortgage rate at many lenders moved down to 3.875%. [...]
Filed under: Interest Rates | Leave a Comment »
The HARP Program The Home Affordable Refinance Program (HARP) has been extended until December 31, 2013 and allows homeowners to refinance into low mortgage interest rates even if the property has decreased in value. Established in 2009, for Fannie Mae and Freddie Mac, the Home Affordable Refinance Program provides an option for homeowners to refinance [...]
Filed under: Convential Loans | Leave a Comment »
By Paul Mackay – PMACdirect Monday, November 15, 2011 Posted: 5 pm PT Here’s another factor working against the housing market recovery : appraisals. Real-estate professionals say that the results of home appraisals are increasingly stalling or preventing sales. Fewer than 10 percent of realtors blamed appraisals for killing or delaying a deal prior to [...]
Filed under: Appraisals | Leave a Comment »
Integrity, Service and Trust – these are the trademarks of Residential Mortgage Funding. We can assist you with qualifying and obtaining the mortgage plan best suited for your needs and lifestyle. We are an established licensed correspondent lender that can assist with financing in California, which means you can get your financing almost immediately. Residential Mortgage Funding [...]
Filed under: Uncategorized | Leave a Comment »
