Help to getting the right home at the right price

It is a jungle out there trying to find the right house at the right price and right mortgage rate. One very useful tool to help price a home is a site called Zillow. A link is on our "Other Tools" section. It is not usable in every part of the country but if it is in your area you can gain a wealth of information about prices of homes in your are. We will continue to add links that will assist you to find the home and interest rate you deserve. The market is losing some ground today and rates have gone up about .125 this week but are still looking good. Remember there are deals out there waiting for offers to be made. The first thing is that you need to have good credit scores. You can check your credit scores online at My Fico.Com or Equifax.Next, you need to have some savings for a 5% or more down payment. Do you have a good way to save for a down payment? We highly recommend Emigrant Direct. They pay 5.05% on their savings account, with no minimums, no fees. www.rateinformer.com

Home Prices & Mortgage Rates need to be closely Tied To Each Other

If we are in a market where rates are low but Housing Prices are in Outer Space then Low Interest Rates do not mean much. On the other hand if Interest Rates are sky high then it makes it tough to buy a home at times at any price. We are entering a very nice time when the two may meet each other. Interest Rates are still low and home prices are starting to come down in many areas. This can life much easier for the home buyer. You may actually be able to buy the home YOU WANT rather than what you can qualify for. As we have said in the past hunt hard BOTH for the right price and the right Mortgage rate. If you are looking for a Mortgage loan and like what you see on our site please send us a email and we can refer you to a Company that will treat you fair and work very closely with the information given on this site in regards to fees and rates. Do not let yourself make that big and costly mistake with your new mortgage. We have contacts in 13+ states that will be more than happy to work with you. Now is a great time to look for a home because of all the homes on the market in many areas of the country. Rates have improved this week and there are deals out there waiting for offers to be made. The first thing is that you need to have good credit scores. You can check your credit scores online at My Fico.Com or Equifax.Next, you need to have some savings for a 5% or more down payment. Do you have a good way to save for a down payment? We highly recommend Emigrant Direct. They pay 5.15% on their savings account, with no minimums, no fees. www.rateinformer.com

Home Prices are going to come down MUCH MORE !

The housing market is getting a beating and there is a lot more to come. Hold on and you mat get the deal of your life. Many people became "real Estate Investors" when they had no clue what to do. Look at all the "Flip This House " shows making it so easy to make money. Now many of these Investors are stuck with multiple homes that they cannot sell. The hard facts are they will HAVE to take a beating and a loss to get out of those BIG mortgage payments as they slowly lose their profits each month that they make those mortgage payments. It is no different than a few years ago when everyone suddenly became a stock market wizard. When people jump into fields of investments that they have very little knowledge of they will suffer sooner or later. They make a few good deals and then they are hooked. When the markets go crazy like they did everyone suddenly becomes a successful Investor. You can do no wrong. This will bring a lot of homes into the market and with time you can make a great buy. Start your search now but do not be in a big hurry. Find a good Real Estate Broker that you feel comfortable with . Look for the home YOU want and at the price YOU want to pay and make a offer. You will get a few turndowns but someone will accept your offer if it is in line with a normal reasonable market price. Remember most homes now are very overpriced. Do research and see what they were worth just 2 years ago. That would be a reasonable area to start your offer. If you are looking for a Mortgage loan and like what you see on our site please send us a email and we can refer you to a Company that will treat you fair and work very closely with the information given on this site in regards to fees and rates. Do not let yourself make that big and costly mistake with your new mortgage. We have contacts in 13+ states that will be more than happy to work with you. Now is a great time to look for a home because of all the homes on the market in many areas of the country. Rates have improved this week and there are deals out there waiting for offers to be made. The first thing is that you need to have good credit scores. You can check your credit scores online at My Fico.Com or Equifax.
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Rates are hitting new lows !

Existing Home Sales still continue to drop and oil is back below $60 (for Now). Mortgage rates continue to drop as the Feds appear to be done for the time with raising rates. The economy still shows signs of slowing down (maybe a little too much too fast). They need to be very careful to prevent a slide into a recession. If the economy is too bad low rates will not make any difference to homebuyers. They will not be buying homes. For now though their are a lot of homes on the market to choose from. Do not be afraid to make a reasonable offer on any home. It is a Buyers market in most areas and the sellers and builders now are starting to realize it and are continuing to lower their prices. If you are looking for a Mortgage loan and like what you see on our site please send us a email and we can refer you to a Company that will treat you fair and work very closely with the information given on this site in regards to fees and rates. Do not let yourself make that big and costly mistake with your new mortgage. We have contacts in 13+ states that will be more than happy to work with you. Now is a great time to look for a home because of all the homes on the market in many areas of the country. Rates have improved this week and there are deals out there waiting for offers to be made. The first thing is that you need to have good credit scores. You can check your credit scores online at My Fico.Com or Equifax.Next, you need to have some savings for a 5% or more down payment. Do you have a good way to save for a down payment? We highly recommend Emigrant Direct. They pay 5.15% on their savings account, with no minimums, no fees.

Rates are hitting new lows !

Existing Home Sales still continue to drop and oil is back below $60 (for Now). Mortgage rates continue to drop as the Feds appear to be done for the time with raising rates. The economy still shows signs of slowing down (maybe a little too much too fast). They need to be very careful to prevent a slide into a recession. If the economy is too bad low rates will not make any difference to homebuyers. They will not be buying homes. For now though their are a lot of homes on the market to choose from. Do not be afraid to make a reasonable offer on any home. It is a Buyers market in most areas and the sellers and builders now are starting to realize it and are continuing to lower their prices. If you are looking for a Mortgage loan and like what you see on our site please send us a email and we can refer you to a Company that will treat you fair and work very closely with the information given on this site in regards to fees and rates. Do not let yourself make that big and costly mistake with your new mortgage. We have contacts in 13+ states that will be more than happy to work with you. Now is a great time to look for a home because of all the homes on the market in many areas of the country. Rates have improved this week and there are deals out there waiting for offers to be made. The first thing is that you need to have good credit scores. You can check your credit scores online at My Fico.Com or Equifax.Next, you need to have some savings for a 5% or more down payment. Do you have a good way to save for a down payment? We highly recommend Emigrant Direct. They pay 5.15% on their savings account, with no minimums, no fees.

Rates are still Improving even as we speak !!

The economy is slowing sharply accordingly to the latest indicators which show manufacturing actually down -.4% which is the first reading below zero since April ,2003. The economy appears to be getting much weaker than expected. The Feds may have overdone the rate hikes to get the economy to slow down. The housing market may have done that on its own. If you are looking for a Mortgage loan and like what you see on our site please send us a email and we can refer you to a Company that will treat you fair and work very closely with the information given on this site in regards to fees and rates. Do not let yourself make that big and costly mistake with your new mortgage. We have contacts in 13+ states that will be more than happy to work with you. Now is a great time to look for a home because of all the homes on the market in many areas of the country. Rates have improved this week and there are deals out there waiting for offers to be made. The first thing is that you need to have good credit scores. You can check your credit scores online at My Fico.Com or Equifax.Next, you need to have some savings for a 5% or more down payment. Do you have a good way to save for a down payment? We highly recommend Emigrant Direct. They pay 5.15% on their savings account, with no minimums, no fees. www.rateinformer.com

Tuesday Indicators and Feds meet Tomorrow !

The Market is active this AM with housing Starts off 1665K which was a 6% drop. Core PPI also was down at -.4% If the Economy continues to stay on the slowing trend the Feds will not raise rates this Month which would keep our rates in line or even to drop a little more. Stay alert for changes. If by chance the Feds raise rates on the 20th it could create chaos. If you are looking for a Mortgage loan and like what you see on our site please send us a email and we can refer you to a Company that will treat you fair and work very closely with the information given on this site in regards to fees and rates. Do not let yourself make that big and costly mistake with your new mortgage. We have contacts in 13+ states that will be more than happy to work with you. Now is a great time to look for a home because of all the homes on the market in many areas of the country. Rates are holding steady this week and there are deals out there waiting for offers to be made. The first thing is that you need to have good credit scores. You can check your credit scores online at My Fico.Com or Equifax.Next, you need to have some savings for a 5% or more down payment. Do you have a good way to save for a down payment? We highly recommend Emigrant Direct. They pay 5.15% on their savings account, with no minimums, no fees. www.rateinformer.com

Make sure you get the BEST RATES out there !

If you are looking for a Mortgage loan and like what you see on our site please send us a email and we can refer you to a Company that will treat you fair and work very closely with the information given on this site in regards to fees and rates. Do not let yourself make that big and costly mistake with your new mortgage. We have contacts in 13+ states that will be more than happy to work with you. Now is a great time to look for a home because of all the homes on the market in many areas of the country. Rates are holding steady this week and there are deals out there waiting for offers to be made. The first thing is that you need to have good credit scores. You can check your credit scores online at My Fico.Com or Equifax.Next, you need to have some savings for a 5% or more down payment. Do you have a good way to save for a down payment? We highly recommend Emigrant Direct. They pay 5.15% on their savings account, with no minimums, no fees. www.rateinformer.com

The World's Problems can determine your Mortgage Rates!

We are very closely linked to the rest of the world and its economies and troubles. Oil prices determine our economic state many times. The buyers of our securities (other Countries) determine our Interest rates. When you see news happening around the world it even affects your own personal buying habits. Uncertainty causes us to wait or step back for awhile before making a decision on a large purchase such as a home. We are now currently still enjoying a period of low interest rates. This makes it very appealing in light of the home prices being lowered in many areas. Combine the two and it may make that home purchase possibly with a rate you can live with. Look for the super deal out there and work on getting the best rate and fees you can.The first thing is that you need to have good credit scores. You can check your credit scores online at My Fico.Com or Equifax.