The Stimulus First Time Home Buyer Plan Can Now Be Used as a Down Payment!
The Federal Housing Administration issued guidelines that will allow first-time homebuyers to apply the federal tax credit of up to $8,000 toward the purchase of a home with an FHA-backed mortgage. Are you thinking about buying a home? Are you a [...]
Good economic news? That is right! Interest rates are at an all time low. According to the Mortgage Bankers Association the thirty year fixed rate loan is at an average of 4.89% and the fifteen year rate is at 4.5% and loan applications are up over 21% during the past week.
With these stats it looks [...]
If you are in the market for a new mortgage on a home or you are thinking about purchasing a home then you will want to be sure to keep your credit top notch.
Your credit determines a lot when you purchase a home. If you have credit that isn’t so good you may have a [...]
