Bank Owned Housing Auction Coming Soon to Northern California, East Bay Area- Investor & First Time Home Buyer Alert

The New Year is in full swing and one of the greatest opportunities in decades is upon us.  What would you think if I said you had an opportunity of a life time to buy a home on your terms possibly hundred’s of thousands below the last list price?

FHA & Conforming Loan Limit Increase on the way to help Real Estate Market-

 
Washington reached a decision on an economic stimulus package to spur growth in the economy and come to the aid of the Real Estate Market. Reaching a bipartisan decision Thursday House leaders have decided to allow government sponsored Fannie Mae and Freddie Mac to buy mortgages as much as 75 percent more expensive than the [...]

The Perfect Storm: Fed Delivers Emergency Rate Cut-

The Federal Reserve lowered it’s benchmark interest rate in an emergency move for the first time since 2001 after a tumbling international markets slumped as much as 7% on Monday.  The Central bank lowered the overnight lending rate to 3.5% from 4.25% rather than waiting until the scheduled Fed meeting on Jan 29-30th.

Mortgage Guidelines: Change Explained Simply

At Green Mortgage Group our blog isn’t necessarily defined by the information we create but rather the gathered mortgage information that we can present to our clients creating a better experience for them. I found this terrific video on Geek Estate Blog, a website dedicated to the technology in Real Estate.
If you or anyone you [...]

Mortgage Insurance Tax Deduction Extended- A Key Element Helping First Time Home Buyers

Congress has extended the federal tax deduction allowing homeowners with low down payment mortgages to deduct the cost of their government or private mortgage insurance premiums for three more years.  Qualified borrowers will be able to take the deduction if their insured mortgage originates between January 1, 2007 and December 31, 2010.