Current VA eligibility, did you know?
Updated Oct. 9, 2013
If you served on active duty during the Gulf War, you must have: Completed 24 months of continuous active duty or the full period (at least 90 days) for which you were called or ordered to active duty, and been discharged under conditions other than dishonorable, orCompleted at least 90 days of active duty and...

Something to think about
Updated Oct. 9, 2013
Before Buying a Foreclosure... Questions that buyers must ask themselves (and answer) are:1.What are your short-term real estate investing goals (i.e., how many foreclosure homes the first year)?2.What are your revenue generation goals for buying foreclosure properties? Breaking even is not a goal that is...

Rates and the Treasury auctions
Updated Oct. 9, 2013
How Treasury Auctions Work:Marketable securities can be bought, sold, or transferred after they are originally issued. The U.S. Treasury uses an auction process to sell these securities and determine their rate or yield. Annual auction activity:oOffers 4 types of securities with varying...

Great time to consider refinancing
Updated Oct. 9, 2013
Mortgage rates were little changed this week, with rates on 30-year fixed-rate mortgages at or near 4 percent for the third week in a row, Freddie Mac said in releasing the results of its weekly Primary Mortgage Market Survey. Rates on 30-year fixed-rate mortgages averaged 4 percent with an average 0.7 point for...

Refinance Tips
Updated Oct. 9, 2013
Should You Refinance Your Mortgage?. You might want to refinance to lower your mortgage payment or to access equity you have in your home for an important expense. When you're considering refinancing a mortgage, you look at many of the same issues that you initially looked at when checking out your loan...

Did you know?
Updated Oct. 9, 2013
Unfortunately, a move has been made at the federal level that will immediately impact rates. As a mortgage professional I feel it is my duty to let you know about the short time frame that is in play so that you can take advantage of the current rates before the increase. I have included a brief summary of the rule...

December results
Updated Oct. 9, 2013
Existing Home Sales Rose 5% in December: Home sales rose in December to the highest pace in nearly a year. The gain coincides with other signs that show the troubled housing market improved at the end of last year. The National Association of Realtors said Friday that sales increased 5 percent last month to a...