In the current mortgage market, there are fewer ways to buy homes with no money down, but it is still possible to buy with none of Your money down. One of them is probably as old as home buying itself. Get a gift of cash (probably from a family member) to be used as part […]
Entries from June 2008
Down Payment Assistance for Buyers
June 30th, 2008 · Comments Off on Down Payment Assistance for Buyers
Tags: Local · Mortgage Lending · New Jersey · Pennsylvania · Real Estate
The Truth About Rate Quotes
June 28th, 2008 · Comments Off on The Truth About Rate Quotes
Home buyers are often surprised when a “rate quote” from the morning won’t be honored in the afternoon. Sometimes, the assumption is that the loan officer is just being sneaky. This couldn’t be less true. Rate quotes change in the middle of the day because mortgage markets are in constant flux. All day, every day — […]
Tags: Economy · Mortgage Lending
Is the Real Estate Market as Bad as the Media Would Have you Believe?
June 27th, 2008 · 1 Comment
Did you know that today’s interest rate for a mortgage is the same as it was over 40 years ago?
Tags: Economy · Local · Opinion · Pennsylvania · Real Estate · Technology
Making English Out of Fed Speak
June 26th, 2008 · 4 Comments
The Federal Open Market Committee left the Fed Funds Rate unchanged at 2.000 percent yesterday afternoon, as expected. In its press release, the Federal Reserve noted the co-existence of inflation and recession. On inflation, the Fed said that energy and food prices are contributing to an “elevated state” of inflation, but that it expects price […]
Tags: Economy · Federal Reserve
Why We’re Blogging!
June 25th, 2008 · 1 Comment
In today’s real estate market there are many choices for consumers. And many questions. People want to start there search for real estate or just real estate related knowledge without calling a real estate firm or walking in to meet a real estate salesperson. That’s why our property website is so popular. Some consumers think […]
Tags: Blogging · Opinion · Real Estate · Social Medial