Interest Rates Hit 50 Year Low!

Interest rates on a 30 year fixed rate hit a 50 year low yesterday, signally to home buyers a great time to buy. We are not sure how much longer these rates are going to hold, but you can count on the fact that once the economy starts to show more life, that they will [...]

Just Released-Home sales increase 5.1% in February

February home sales nationally increased 5.1%, according to the National Association of Realtors report today.  The majority of the buyers are sharp first-time buyers that are taking advantage of record low interest rates, and the $8000 tax credit.  According to the 2008 NAR profile of home-buyers, over 94 percent of first time home-buyers, either rent or [...]

Why get Pre-Approved?

With lending requirements having changed with the mortgage meltdown, pre-approval is now more of a necessity.  First off, getting a pre-approval letter from a lender will allow you to concentrate your search on homes that meet your budget.  The benefits also include the ability to find out if you have any credit issues that may [...]

Is your focus making you a victim of the economy?

Is your focus making you a victim of the economy?
Posted using ShareThis