Tag Archive: borrowers

Feb
22

The Benefits Of An Online Mortgage Calculator

1329876909-21.jpg

When purchasing Box Elder Real Estate, it is important for home buyers to know how much or what of their monthly income should they allot for mortgage payments knowing that their fixed monthly bills waiting in line.  It’s not difficult to use mortgage calculators.  you will find many mortgage calculators online for free where you …

Continue reading »

Permanent link to this article: http://www.greenbrierrealestateservices.com/the-benefits-of-an-online-mortgage-calculator/

Feb
22

Jergler: HARP 2.0 hits right note for homeowners

1329872111-97.jpg

HARP 2.0 may be music to the ears of Orange County residents who have been struggling, but continuing, to make their home payments. That’s what Todd White, a home mortgage consultant for Wells Fargo Home Mortgage in Newport Beach, believes. Some also believe Harp 2.0 has the potential to lead to the next huge refinance …

Continue reading »

Permanent link to this article: http://www.greenbrierrealestateservices.com/jergler-harp-2-0-hits-right-note-for-homeowners/

Feb
21

Commercial Mortgage Refinancing Firm in Chicago Lowers Refinancing Fees to Stay Ahead of the Curve

1329824106-15.jpg

(PRWEB) February 16, 2012 Clopton Capital, a commercial mortgage firm based in Chicago, has recently decided to lower their closing fees on their flagship commercial mortgage product. they view this as significant since the product was already being approved on borrowers at rates sometimes as low as 3.5%. they feel that lower the transactional costs …

Continue reading »

Permanent link to this article: http://www.greenbrierrealestateservices.com/commercial-mortgage-refinancing-firm-in-chicago-lowers-refinancing-fees-to-stay-ahead-of-the-curve/

Feb
19

Business & Technology

1329652508-88.jpg

NEW YORK — Bank of America, struggling to handle mortgage refinancing after a U.S. program boosted demand, is telling some customers to wait 90 days before starting an application, said two people with knowledge of the policy. The firm began a reservation system last week that asks those who call during high-volume times if they …

Continue reading »

Permanent link to this article: http://www.greenbrierrealestateservices.com/business-technology-2/

Feb
18

PMI Tax Deductibility Extended Through 2011

1329574519-27.jpg

There’s great news for homeowners! Congress recently extended legislation making private mortgage insurance (PMI) premiums tax deductible through 2011! so why is this significant? PMI can help people buy a home sooner, by enabling them to put less than 20% of the purchase price down when buying a home. this increase in purchasing power can …

Continue reading »

Permanent link to this article: http://www.greenbrierrealestateservices.com/pmi-tax-deductibility-extended-through2011/

Feb
18

More Than 95% of People Pursuing A Refinance Choose Fixed-Rate Mortgages

1329558921-50.jpg

(Source: Freddie Mac) – MCLEAN, Va. – in the fourth quarter of 2011, fixed-rate loans accounted for more than 95 percent of refinance loans, based on the Freddie Mac (OTC: FMCC) Quarterly Product Transition Report released today. Refinancing borrowers clearly preferred fixed-rate loans, regardless of whether their original loan was an adjustable-rate mortgage (ARM) or …

Continue reading »

Permanent link to this article: http://www.greenbrierrealestateservices.com/more-than-95-of-people-pursuing-a-refinance-choose-fixed-rate-mortgages/

Dec
16

Dealers See Fed Buying $545 Billion Mortgage Bonds in QE3

1324048511-78.jpg

December 06, 2011, 9:04 AM EST by Daniel Kruger and Cordell Eddings (Updates 10-year yields in eighth paragraph.) Nov. 28 (Bloomberg) — The biggest bond dealers in the U.S. say the Federal Reserve is poised to start a new round of stimulus, injecting more money into the economy by purchasing mortgage securities instead of Treasuries. …

Continue reading »

Permanent link to this article: http://www.greenbrierrealestateservices.com/dealers-see-fed-buying-545-billion-mortgage-bonds-in-qe3/

Dec
15

Floating rate is ‘sweet spot’

1323959727-50.png

JAMES WEIR Floating home-loan rates look like the best option for borrowers, with the official cash rate likely to remain on hold until late next year, economists suggest. while the Reserve Bank left the OCR unchanged yesterday at 2.5 per cent, borrowers coming off high fixed rates will be able to move to floating mortgages …

Continue reading »

Permanent link to this article: http://www.greenbrierrealestateservices.com/floating-rate-is-sweet-spot/

Dec
09

CoreLogic unveils HARP 2.0 service « HousingWire

1323448511-94.gif

Wednesday, November 16th, 2011, 2:07 pm Business analytics provider CoreLogic (CLGX: 13.48 +2.90%) introduced a new set of services designed specifically to address the anticipated increase in mortgage refinance activity from revisions to the Home Affordable Refinance Program. Fannie Mae and Freddie Mac released specific guidance Tuesday on how mortgage servicers and lenders will implement …

Continue reading »

Permanent link to this article: http://www.greenbrierrealestateservices.com/corelogic-unveils-harp-2-0-service-housingwire/

Dec
09

ANZ shifts to monthly rates review

1323401721-45.gif

ANZ Bank is setting out to sever the long-standing link between official interest rates set by the Reserve Bank and the rate customers pay on their mortgage. As the nation’s third biggest bank today agreed to pass on all of Tuesday’s 0.25 percentage point cut in interest rates to borrowers, it also said that from …

Continue reading »

Permanent link to this article: http://www.greenbrierrealestateservices.com/anz-shifts-to-monthly-rates-review/

Older posts «