Eco-Real Estate Marketing- For the Green Real Estate Professional

A trend I’ve noticed and been very glad to see is the implementation Green Business practices when selling Real Estate. These green practices include; Green MLS, e-cards, and electronic flyers to name a few. When my attention in the past was drawn to Avignon Community in Pleasanton a zero energy community and how these properties could [...]

Stimulus Package Update for the Mortgage Market: Talk around the water cooler-

One of the most significant steps the federal government has taken in its attempt to bring liquidity and stability back to the mortgage and credit markets was its March decision to expand the capacities of Fannie Mae and Freddie Mac, allowing them to significantly increase the amount of mortgage securities that they can purchase or [...]

Freddie Mac makes a move to stabilize the conforming-jumbo loan product

In the news late last week, Freddie Mac makes a move to stabilize the conforming-jumbo loan product, by guarantying 90 day forward commitments to 4 big loan players.  This should trickle down to mid-sized mortgage bankers as well, through their correspondent channels.Freddie Mac said Thursday that it will guarantee 90-day, forward-delivery pricing on “conforming jumbo” [...]

Mortgage Market Volitility This Week- As I read the news…

As the mortgage market continues it’s volatility I saw in not one but two papers this morning and then on the “business news” radio, “30 year fixed rates holding at 5.875%”.  A strong surge in the stock market on Friday due in part to Google’s earnings, oil prices and the 10 year Bond heading to [...]

Economic Stimulus Package- Can you get a loan???

I found this article very interesting and on point in today’s mortgage market. despite the economic stimulus package. Can your clients obtain a loan to buy the home they want???

 

The larger the mortgage, the riskier the loan.
 
The riskier the loan, the tougher it is for a home buyer to get a mortgage approved.
That is [...]