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31 July 2009
Lender Questions-My Interview with Dean Wong at First Capital Mortgage

It is with great pleasure to post my Interview with one of my favorite Lenders Dean Wong at First Capital Mortgage. (His contact is at the end of my post). Tom: Hello Dean. How are you doing? Dean: Great Tom Tom: 1).I have heard that there are some changes Read More...

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Filed under: Market Conditions, Finances, Rates, Financials, Interest Rates, First Captial Mortgage, Dean Wong, Lenders, Fed Action, FHA loans, Foreclosures

 

18 May 2009
May 18, 2009-Real Estate News This Week

(Remember, inflation is the archenemy of Bonds and home loan rates, so I will be keeping a close eye on this in the coming months.) The Department of Housing and Urban Development's Federal Housing Administration making a very interesting announcement Read More...

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Filed under: Market Conditions, Buyer Information, data, Market Review, Fed Action, FHA loans

 

08 January 2009
Rates Fall to Record Low of 5.01%

The 30-year fixed-rate mortgage (FRM) averaged 5.01 percent with an average 0.6 point for the week ending Jan. 8, 2009, down from last week when it averaged 5.10 percent, according to Freddie Mac’s latest results of its Primary Mortgage Market Survey Read More...

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Filed under: Market Conditions, Finances, Rates, data, Buyers Market, Market Review, Financials, Interest Rates, Trends, Multi-Family, FHA loans