Mortgage Rates April 16, 2009 – Ready Set Foreclose

Mortgage Rates increased today as the FNMA 30 YR MBS 4% gave up roughly 9bp.  This down tick in the MBS can be attributed to the late day mini rally in the equities market as JP Morgan Chase beats estimates as it releases earnings. Both Building Permits and Housing Starts were released today.  Building...

One Week to GO! Get to the IRS on Time Even If You Can’t Pay

Have you ever completed your tax returns only to find out that you owe way more to Uncle Sam than you were expecting – or worse, that your tax bill is more than you can possibly afford to pay right now? Don’t worry. If this is the case, you’re not alone. And, more importantly, you’re not...

How To Speed Up Mortgage Underwriting

With mortgage rates are hovering near all-time lows, lots of Americans are taking advantage of refinance and home buying opportunities. The downside of today’s unexpectedly-low rates, though, is that mortgage lenders are ill-equipped for the rush of new business. As a result, the process of...

How To Buy A Second Home – Bank Owned REO

With Mortgage Rates at historic lows and a Plethora of REO and Bank Owned homes, now there is no better time to buy a Second...

Mortgage Rates March 24, 2009 – “Because it’s a Poorly Posed Question”

Mortgage Rates remained unchanged today, even after a mid afternoon pullback in the FNMA 30 YR 4.5% which saw the MBS touch a low of 101.5625. REAL TIME MORTGAGE RATES! Today we saw the AIG Hearing commence with the House Financial Services Committee question Fed Chairman Bernanke, Treasury Secretary...