Two Reasons Why Now Really May be a Great Time to Buy a Home

This is a great article a friend forwarded to me.  I cant agree more. Rates are low for only a short period. It’s like the FED is holding them don like a Basketball underwater. When that’s finished sky’s the limit. Now is the time to purchase your home or refinance if your home is underwater.  [...]

Will Homeowners and Buyers Lose $45,000?

Will Homeowners and Buyers Lose $45,000?
Ann Arbor, MI August 13, 2009 – Federal Reserve officials met yesterday and issued a statement saying that their program to purchase $1.25 trillion of mortgage-backed securities will be winding down by the end of year. “The Fed is the single largest buyer of mortgage bonds in the market [...]

$8,000 Tax credit back on the table to buy a home for first time home buyers-

This article best explains the new changes of borrowing against your $8,000 tax credit to buy a home if youre a first time home buyer.

HUD Clarifies Tax Credits
Borrowers still need 3.5% of own funds

May 29, 2009
By MortgageDaily.com staff
The U.S. Department of Housing and Urban Development has clarified how tax credits under recently passed legislation can [...]

Interesting Perspective on Bay Area Interest Rates-

Interesting Perspective on Bay Area Interest Rates-

NEW YORK (CNNMoney.com) — The government is going deeper into hock and that’s starting to make people nervous.
Investors have been dumping long-term Treasurys as of late on concerns about a glut of bonds flooding the market this week. And that’s pushed rates, which move in the opposite direction of [...]

Is it time to use your VA loan to buy a home in the Bay Area?

Are you using your VA Loan Certificate?
There is no better time in the Bay Area to purchase a home. Combine the all time high affordability of housing and  100% financing that VA offers you’ll be in a home before you know it.

You’d be surprised how many folks who are eligible for a VA loan that [...]