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

Latest mortgage interest rates for FHA, jumbo & conforming loans as provided by Guarantee Mortgage

Foreclosure Activity Slows Again In June 2010

June marks the 16th straight month the filings topped 300,000. 1 in every 411 U.S. homes received some form of notice last month with foreclosure density varying wildly from state-to-state. Like everything else in real estate, it seems, foreclosures are a local phenomenon.

Related posts:

  1. Foreclosures Per Capita | February 2010
  2. Foreclosure Activity Slows For The First Time In Several Years
  3. Foreclosure Activity Falls For The 4th Straight Month

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 adjustments”.

Related posts:

  1. Fannie Mae Increases Its Mandatory Loan Fees For All Borrowers
  2. Mandatory FHA Loan Fees Increase For Some, Fall For Others
  3. Mortgage Rates Fell But You May Have A Higher Rate To Pay

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 estate.  Let’s first discuss the advantages available [...]

sdfsdf