Mortgages
Posts filed under Mortgages
How to Save Thousands of Dollars in Interest on Your Mortgage
Posted Wed, Jan 2nd 2019 1:30 pm
How to Save Thousands of Dollars in Interest on Your Mortgage One of the most common loans you can get to buy a home is a 30-year fixed rate mortgage. If the thought of paying for your home over t...
Posted Wed, Jan 2nd 2019 1:30 pm
How to Save Thousands of Dollars in Interest on Your Mortgage One of the most common loans you can get to buy a home is a 30-year fixed rate mortgage. If the thought of paying for your home over t...
Why Have Interest Rates Jumped to a 7-Year High?
Posted Wed, May 23rd 2018 9:10 am
Interest rates for a 30-year fixed rate mortgage have climbed from 3.95% in the first week of January up to 4.61% last week, which marks a 7-year high according to Freddie Mac. The current pace of...
Posted Wed, May 23rd 2018 9:10 am
Interest rates for a 30-year fixed rate mortgage have climbed from 3.95% in the first week of January up to 4.61% last week, which marks a 7-year high according to Freddie Mac. The current pace of...
Freddie Mac: Rising Mortgage Rates DO NOT Lead to Falling Home Prices
Posted Tue, May 1st 2018 9:11 am
Recently, Freddie Mac published an Insight Report titled Nowhere to go but up? How increasing mortgage rates could affect housing. The report focused on the impact the projected rise in mortgage ra...
Posted Tue, May 1st 2018 9:11 am
Recently, Freddie Mac published an Insight Report titled Nowhere to go but up? How increasing mortgage rates could affect housing. The report focused on the impact the projected rise in mortgage ra...
BREXIT! How May This Affect Us?
Posted Fri, Jun 24th 2016 9:54 am
BREXIT! How May This Affect Us? Frankly, more than a little perplexing! The UK has voted to leave the European Union, after 40 years in it! And from a geopolitical perspective, a bit unsettling. ...
Posted Fri, Jun 24th 2016 9:54 am
BREXIT! How May This Affect Us? Frankly, more than a little perplexing! The UK has voted to leave the European Union, after 40 years in it! And from a geopolitical perspective, a bit unsettling. ...
The Longest Economic Recovery - Ever!
Posted Sun, Mar 20th 2016 3:45 pm
I read this article that was sent to me by Bill Sandvig of Movement Mortgage and thought it would be worthwhile sharing. "We could all use a little good economic news these days, what with the sta...
Posted Sun, Mar 20th 2016 3:45 pm
I read this article that was sent to me by Bill Sandvig of Movement Mortgage and thought it would be worthwhile sharing. "We could all use a little good economic news these days, what with the sta...
New Fannie Mae Loan Program
Posted Fri, Oct 2nd 2015 10:41 am
MORTGAGE NEWS Still renting? Need more space? Fannie Mae (the large mortgage loan holding company) decided to replace the MyCommunity Loan Program (which was targeted at first-time home buyers...
Posted Fri, Oct 2nd 2015 10:41 am
MORTGAGE NEWS Still renting? Need more space? Fannie Mae (the large mortgage loan holding company) decided to replace the MyCommunity Loan Program (which was targeted at first-time home buyers...
Changes Coming in Lending Guidelines
Posted Fri, Jul 31st 2015 4:18 pm
Changes Coming in Lending Guidelines Courtesy of Jim Duffy of Atlantic Bay Mortgage "Conventional is getting easier; Government is getting tighter"Changes are coming up in mortgage lending indus...
Posted Fri, Jul 31st 2015 4:18 pm
Changes Coming in Lending Guidelines Courtesy of Jim Duffy of Atlantic Bay Mortgage "Conventional is getting easier; Government is getting tighter"Changes are coming up in mortgage lending indus...
Upcoming Changes in the Mortgage Industry Will Affect Buyers and Sellers
Posted Wed, Mar 18th 2015 11:58 am
Upcoming Changes in the Mortgage Industry Will Affect Buyers and Sellers It seems that after the mortgage "meltdown" changes are the "new normal". There are three big changes coming upon our indus...
Posted Wed, Mar 18th 2015 11:58 am
Upcoming Changes in the Mortgage Industry Will Affect Buyers and Sellers It seems that after the mortgage "meltdown" changes are the "new normal". There are three big changes coming upon our indus...
Renters: Foundation For A Mortgage (Key Items Lenders Look For In A Mortgage Application)
Posted Tue, Oct 28th 2014 12:19 pm
Foundation For A Mortgage (Key Items Lenders Look For In A Mortgage Application) If you are still renting, the above graph shows half of the story of why you may wish to consider buying a home (...
Posted Tue, Oct 28th 2014 12:19 pm
Foundation For A Mortgage (Key Items Lenders Look For In A Mortgage Application) If you are still renting, the above graph shows half of the story of why you may wish to consider buying a home (...
Huge Mortgage Rate Drop Today!
Posted Wed, Oct 15th 2014 2:40 pm
We never thought we would see mortgage rates below 4% in our lifetime again... Huge Rate Drop Today! If you are THINKING of buying or refinancing, act NOW! Call us on 843-900-0155.
Posted Wed, Oct 15th 2014 2:40 pm
We never thought we would see mortgage rates below 4% in our lifetime again... Huge Rate Drop Today! If you are THINKING of buying or refinancing, act NOW! Call us on 843-900-0155.
*** FHA Drops The Maximum Loan Amount! ***
Posted Wed, Jan 22nd 2014 4:50 pm
*** FHA MORTGAGE LOAN LIMITS CHANGE *** Thinking of buying your first home in the Charleston, SC area? The new single-family FHA (Federal Housing Administration) loan limit for the Charleston, SC...
Posted Wed, Jan 22nd 2014 4:50 pm
*** FHA MORTGAGE LOAN LIMITS CHANGE *** Thinking of buying your first home in the Charleston, SC area? The new single-family FHA (Federal Housing Administration) loan limit for the Charleston, SC...
The Scoop on Reverse Mortgages
Posted Tue, Sep 3rd 2013 1:45 pm
Did you know that you can use a Reverse Mortgage to purchase a new home? Jerry Garner, Reverse Mortgage Specialist, and I hosted a webinar on how to Retire in Style using a Reverse Mortgage for ...
Posted Tue, Sep 3rd 2013 1:45 pm
Did you know that you can use a Reverse Mortgage to purchase a new home? Jerry Garner, Reverse Mortgage Specialist, and I hosted a webinar on how to Retire in Style using a Reverse Mortgage for ...
In Case You Missed It- Free Webinar on How to Retire in Style!
Posted Tue, Aug 20th 2013 8:57 am
Are you (or someone close to you) planning for retirement? Watch this video! FREE Webinar- In Cased You Missed it! Charleston, SC Real Estate and Reverse Mortgage Professionals Discuss How to...
Posted Tue, Aug 20th 2013 8:57 am
Are you (or someone close to you) planning for retirement? Watch this video! FREE Webinar- In Cased You Missed it! Charleston, SC Real Estate and Reverse Mortgage Professionals Discuss How to...
Who Is Most Affected by Rising Interest Rates?
Posted Wed, Jul 3rd 2013 8:24 am
Higher Interest Rates – Who Cares? I have always maintained that buying a home is only one of the “life puzzle”. But recent announcements by the US Federal Reserve Bank caused a quick spike in mo...
Posted Wed, Jul 3rd 2013 8:24 am
Higher Interest Rates – Who Cares? I have always maintained that buying a home is only one of the “life puzzle”. But recent announcements by the US Federal Reserve Bank caused a quick spike in mo...
Wells Fargo Announces Conventional Loan With 3% Downpayment
Posted Wed, Apr 17th 2013 8:18 am
Wells Fargo brought back the HOME OPPORTUNITIES LOAN – 97% loan to value - FOR PURCHASE ONLY · 3% DOWN conventional loan up to 417K · First time homebuyers only · 700 cre...
Posted Wed, Apr 17th 2013 8:18 am
Wells Fargo brought back the HOME OPPORTUNITIES LOAN – 97% loan to value - FOR PURCHASE ONLY · 3% DOWN conventional loan up to 417K · First time homebuyers only · 700 cre...
About Reverse Mortgages
Posted Wed, Feb 6th 2013 1:15 pm
About Reverse Mortgages - Now You Can Use Them to Purchase a Second Home A REVERSE MORTGAGE (RM) is a type of home equity loan that allows you to borrow against your home while still keeping title...
Posted Wed, Feb 6th 2013 1:15 pm
About Reverse Mortgages - Now You Can Use Them to Purchase a Second Home A REVERSE MORTGAGE (RM) is a type of home equity loan that allows you to borrow against your home while still keeping title...
Top Three Myths About Your Credit Scores
Posted Wed, Feb 6th 2013 9:32 am
We picked up these myths from Experian (the credit reporting bureau) and thought they would be interesting to share: Myth #1: Checking my own credit report will lower my scorePersonal inquiries, a...
Posted Wed, Feb 6th 2013 9:32 am
We picked up these myths from Experian (the credit reporting bureau) and thought they would be interesting to share: Myth #1: Checking my own credit report will lower my scorePersonal inquiries, a...
HUD Makes Changes to FHA Loans!
Posted Thu, Jan 31st 2013 9:12 am
Yesterday HUD released changes to their FHA mortgage lending practices: They consolidated their pricing for the two reverse mortgage programs Standard Fixed-Rate Home Equity Conversion Mortgage ...
Posted Thu, Jan 31st 2013 9:12 am
Yesterday HUD released changes to their FHA mortgage lending practices: They consolidated their pricing for the two reverse mortgage programs Standard Fixed-Rate Home Equity Conversion Mortgage ...
100% Loan - Can You Still Get One?
Posted Mon, Jun 4th 2012 8:28 am
100% Loans - Can You Still Get One? 100% financing used to be fairly common during the "boom" years of 2003-2007, but nowadays it is almost a thing of the past. There still are a few programs tha...
Posted Mon, Jun 4th 2012 8:28 am
100% Loans - Can You Still Get One? 100% financing used to be fairly common during the "boom" years of 2003-2007, but nowadays it is almost a thing of the past. There still are a few programs tha...
Update on BB&T's CHIP Mortgage Loan Program
Posted Wed, Feb 29th 2012 10:04 am
BB&T has changed their guidelines for their CHIP loan program as follows: 100% financing for HH income under $50,400 in any area, with min. credit score of 680 97% financing for HH income u...
Posted Wed, Feb 29th 2012 10:04 am
BB&T has changed their guidelines for their CHIP loan program as follows: 100% financing for HH income under $50,400 in any area, with min. credit score of 680 97% financing for HH income u...