Mortgage Blog

Mortgage Blog

Mortgage Market Update

While the bond sales this week showed signs of improvement, mortgage rates also climbed. During the week ending January 11, mortgage applications for new home buying increased just slightly over 11 1/2 percent while refinance applications increased 12 percent. These borrowers will be paying higher rates than if they had

Deciding on a variable or fixed rate mortgage

Whether you are purchasing a home or refinancing a home, you will be faced with several decisions. One of these decisions is whether to apply for a variable rate (or adjustable rate) mortgage or a fixed rate mortgage. Making this decision is never easy and often depends on a number of factors that may impact

Mortgage Market Update

If you are one of the thousands of people who are sick of hearing the words “fiscal cliff” the last minute deal reached by Congress and the White House is a relief. However, the end of fiscal cliff negotiations does not necessarily mean the end of the financial discussions that

Bonita Springs Mortgage Broker

Bonita Springs Mortgage Broker When you are considering buying a Bonita Springs home or are considering refinancing, you may be tempted to go to the local bank with the expectation of getting the best possible mortgage deal. However, this may not always be the best way to secure a mortgage, in fact, hiring a Bonita Springs

Mortgage Market Update

One of the upsides of having the least productive Congress ever if that it’s been good for bond prices. This week was no exception. As Congress left for the holiday with no agreement in sight for the looming fiscal cliff, the bond markets reaped the benefits of the lack of

Naples Second Home Financing

Naples Second Home Financing When you are considering purchasing a second home in Naples, you will need to find a company that specializes in Naples second home loans. Second home mortgages can be more complicated than a primary mortgage since as the owner, you will typically spend around 50 percent of the time in the home. This often means

Mortgage Market Update

This weeks mortgage update was marred by the failure of our elected officials to bring some certainty to the market by finding a solution to the pending fiscal cliff. Fortunately, this wasn’t necessarily bad news for the mortgage market since rates ended the week slightly lower. This rate while a

Mortgage Loan Availability in 2013

There are some economists who believe that 2013 will bring about a change in the mortgage markets. This is of course provided that the White House and Congress can reach an agreement on the fiscal cliff. Is this reality or is it more a matter of wishful thinking? After all, since the financial crisis was

Fort Myers Home Loan

Fort Myers Home Loan Core Mortgage Financial loan originators will guide you through the Fort Myers home loan process. Today’s mortgage market is offering lower rates and multiple programs for borrowers. Whether you currently own your home or you are seeking to refinance your Fort Myers home loan, there are various programs that can help. Bear in mind

Mortgage Market Update

Mortgage Market Update- December, 16 2012 This week’s financial data is rather mixed and may even be a bit confusing. The continued lack of progress on the fiscal cliff negotiations seems to be causing the stock market no end of grief and resulted in an overall downward trend at week’s end. The overall market projection continues