Frequently, lenders email me updates about the current mortgage market. This week, I got an email from Mike Weldy at Prime Lending. Titled “The Perfect Storm”, it outlined the following: A “Perfect Storm” of low purchase prices and historic low interest rates Compare this example: $250,000 purchase price at 4.5% (which recently closed) Versus $250,000 purchase [...]
From the monthly archives:
August 2010
Looking for some tips to get your home sold…. here’s my perspective, along with some great input from a few of my favorite Phoenix area Realtors. From today’s AZCentral.com: Online marketing key to selling home
The Arizona Regional MLS (ARMLS) has published its July home sales report for the Phoenix Metropolitan area. Highlights include: June home sales continue to increase, following a five month trend June sales were the high monthly total in the past 12 months AND number of sales were the highest since August 2005 If this year’s [...]
Paul Wakefield, a Senior Loan Office at V.I.P. Mortgage Inc., emails me a monthly newsletter. Sometimes the tips are so timely, like this one below: Top 10 Credit Don’ts During the Loan Process Many are taking advantage of interest rates at historic lows, either by re-structuring debt with a refinance or purchasing a new home. [...]
