WEEKLY HOT RATES for the week of 7/13/2010 as provided by Guarantee Mortgage

WEEKLY HOT RATES for the week of  7 /13 /2010 as provided by Guarantee Mortgage 30 Yr Fixed Conforming to $417K 4.375% "0.000" POINTS APR = 4.481% 30 Yr Fixed Jumbo to $729,750.      4.625% "0.000" POINTS APR = 4.741% 30 Year Fixed Jumbo to 1 Million 5.750% "0.000" POINTS APR = … [Read more...]

Foreclosure Activity Slows Again In June 2010

313,841 foreclosure filings were made in June, according to foreclosure-tracking firm RealtyTrac. The figure represents a 3 percent drop from May and 7 percent drop from June of last year. However, foreclosure filings remain relatively high nationwide. June marks the 16th straight month the … [Read more...]

Mandatory Loan Fees Keep Borrowers From Getting Their Absolute Lowest Rate

Conforming mortgage rates may be posting all-time lows this week, but that doesn’t mean you’ll be eligible for them. You may have already called your loan officer and found this out the hard way. It’s because of a federally-mandated mortgage-pricing scheme known as “loan-level pricing … [Read more...]

Reducing Your Tax Burden by Owning Real Estate

April 2009: With tax season in full swing and April 15th just a few short weeks away, we figured it would be appropriate to discuss the significant tax benefits that accompany real estate ownership. With real estate, there are tax advantages available while both owning and selling real … [Read more...]