Tag Archives: arizona home loans

Refinance with improved HARP Program in Arizona and California

Many homeowners in Arizona and California will find out if they will be able to refinance their “upside down” homes tomorrow.  The Initial “HARP”  Home Affordable Refinance Program was rolled out in 2009.  It was designed to help refinance “underwater” homeowners … Continue reading

Posted in Mortgage Rates, Mortgage Trends | Tagged , , , , , , | 1 Comment

TenDayClose.com and Academy Mortgage: Why we made the move.

Recently our team made a move over to, what I would consider, our chief competitors.  The old saying goes, “if you can’t beat ‘em, join ‘em”.  …and we did. Academy Mortgage is home to Ten Day Close, and is the … Continue reading

Posted in Mortgage Trends | Tagged , , , | 1 Comment

What’s Ahead For Mortgage Rates This Week : February 22, 2010

Mortgage markets had a terrible, holiday-shortened week last week as Wall Street responded to worse-than-expected inflation data and action from the Federal Reserve.  Mortgage bonds sold off with force, causing mortgage rates to rise for the second week in a … Continue reading

Posted in Mortgage Rates | Tagged , , , , , , , , , | 2 Comments

HomePath, Welcome Home. Buy a House with Low Down, No PMI, No Appraisal? Yes!

HomePath loans from Fannie Mae provide home buyers an opportunity to purchase a home with low down payment, no PMI, no appraisal, and Seller paid closing costs. Owner Occupants and Investors are welcome to enjoy the benefits of HomePath. Continue reading

Posted in Fannie Mae HomePath | Tagged , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

What’s Ahead For Mortgage Rates This Week : February 8, 2010

Mortgage markets improved last week on domestic jobs data and international banking concerns. The news triggered buying in the bond market and, as a result, conventional, FHA and VA mortgage rates improved for the 4th consecutive week. Mortgage rates are … Continue reading

Posted in Economy, Financial Markets, Mortgage Rates | Tagged , , , , , , , , , | Leave a comment

What’s Ahead For Mortgage Rates This Week : December 21, 2009

Mortgage markets improved last week as pricing followed a roller coaster-like pattern. After touching a 6-week high Tuesday, rates rallied to weekly lows Thursday, and then jumped back higher Friday. Despite the improvement last week overall, mortgage pricing remains significantly … Continue reading

Posted in Mortgage Rates, Mortgage Trends | Tagged , , , , , , , , , | Leave a comment

A Simple Explanation Of The Federal Reserve Statement

The Federal Open Market Committee voted to leave the Fed Funds Rate within its target range of 0.000-0.250 percent. In its press release, the FOMC noted that the U.S. economy “has continued to pick up”, that the jobs markets is … Continue reading

Posted in Fed, Mortgage Rates | Tagged , , , , , , , , , , , | Leave a comment

What’s Ahead For Mortgage Rates in Arizona This Week : November 16, 2009

Mortgage markets improved last week as foreign buyers of mortgage debt helped to push mortgage rates to a 4-week low. It marked the 3rd consecutive week that rates improved in Arizona, breathing extra life into this year’s ongoing Refi Boom. … Continue reading

Posted in Mortgage Rates | Tagged , , , , , | Leave a comment