Interest rates may be at their lowest levels in years, but qualifying for those primo rates is, unfortunately, also more difficult than it has been in years. According to many mortgage brokers, lending institutions are generally reluctant to provide the most favorable rates to all but the most bulletproof of borrowers– fallout from the subprime [...]
Entries Tagged as 'home loans'
High Credit Score a Necessity for Best Interest Rates
January 12th, 2009 · No Comments · Credit Bureaus and Scores, Mortgages, Real Estate
Tags: Credit Scores·home loans·Interest Rates·mortgage rates·Mortgages·new home loans·Refinancing
USDA “No Money Down” Home Loans Available– Act Quick!
December 22nd, 2008 · 3 Comments · Consumer Info, Mortgages, Real Estate
With the credit crunch continuing the tightening of the noose on lending buyers need to be diligent and perhaps even creative at finding financing for home purchases. I suppose borrowing money from the U.S. Department of Agriculture (USDA) would fall into the creative category; don’t they regulate foodstuffs, crops, porky pig or something of that [...]
Tags: 100%financing·home loans·Mortgages·no money down·rural development home loan·USDA loan program·USDA loans
Home Mortgage Rates at 4.5%– Can It Happen?
December 12th, 2008 · 1 Comment · Banking, Consumer Debt, Mortgages, Real Estate
If you are one of the few people left that can actually qualify for a home loan, you should be pretty thrilled with the interest rates that are currently available! There were significant decreases just this past week alone, to levels we have not seen in many years. Of course, given recent market conditions, my [...]
Tags: ·Foreclosures·home loans·home mortgages·housing market·Interest Rates·mortgage interest rate·Mortgages·Real Estate
