Fannie Mae Home Path Buyer Closing Cost Credit

April 11, 2011

Today, Fannie Mae announced they will pay a buyer’s closings costs if they buy a Home Path property.  A Home Path property is Fannie Mae’s inventory of homes for sale across the nation. Here are the details of the closing cost credit: Buyers and/or selling agents (the agent representing the buyer) must request the incentive [...]

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Credit Card Advice For A Mortgage In 2011

April 8, 2011

Credit cards, their payment history, balances, and credit limits are all part of a major factor that goes into determining your credit score.  We all know that your credit scores have everything to do with getting a mortgage and the type of terms you will qualify for. One of the biggest factors in determining your [...]

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10 Reasons why UK property market will remain slow in 2011

April 6, 2011

UK property market is down; if you catch the signals you would realize that the market will remain slow for next few months, if not years. Here are some facts that forecast the quake is not over. 1] Number of approved mortgages is at historic low; this will surely have an effect on the property [...]

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2011 Mortgage Rates

March 30, 2011

Mortgage rates continue to hover around historic lows.  The question is…how long are they going to continue to stay this low? It’s a difficult answer, because anything could happen tomorrow.  To give you an example, the events in Japan scared the investors and moved their money out of stocks and into something safer like bonds.  [...]

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Mortgage Advice For Home Buyers In 2011

March 10, 2011

Whether you are a first time home buyer or a repeat buyer, 2011 is a great year to buy a home. With so many foreclosures and short sales out there, it’s hard not to find a home priced less than it’s current market value. Here are 3 important tips of advice for buying in 2011: [...]

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