by Irene Moustakas | Mar 20, 2009 | Tips
If you’re waiting to lock an interest rate because you think that rates will continue to decrease, please remember to consider decreasing values. I’ve had some clients decide that it was best to hold out, and now when they’re ready to lock, their...
by Irene Moustakas | Mar 19, 2009 | Rates, Tips
After news on the Fed’s announcement yesterday to continue to purchase mortgage-backed securities, interest rates started improving significantly. This morning’s rates were the bottom of what I’ve seen. If you were on my Watch List, you got a call...
by Irene Moustakas | Mar 16, 2009 | Miscellaneous
I added the widget for “online chatting” to my blog. Scroll down and you’ll see the chat box in my sidebar. If you have any questions and I’m online, ping me and we can chat. Have a great week! Irene Share this:Click to share on Facebook (Opens...
by Irene Moustakas | Mar 10, 2009 | Loan Programs and Products, Rates
I’ve mentioned in previous posts that interest rates on 30 Year Fixed mortgages have been better and more competitive than any other loan products, namely Adjustable Rate Mortgages (ARMs). This has been the trend for the past 6 months or so. It is...
by Irene Moustakas | Mar 5, 2009 | General Market News, Industry News, Loan Programs and Products
There are two sub-plans to The Homeowner Affordability and Stability Plan. The first provides homeowners who lack sufficient equity the ability to refinance their loans. The second helps homeowners who have fallen behind on their mortgage payments the ability to...