Archive for the Mortgage Refinance Category
"Money's Too Tight to Mention" - Simply Red
The Housing Affordability Index was developed over thirty years ago to help consumers determine when it is a good time to buy a home. It's considered advantageous to the buyer when the index is over 100 because a median income family can qualify for a median price home.
Recent figures released by the National Association of REALTORS' economic department show that the 2011 index of 184.5 is the highest annual average since it has been calculated. The most recent month released, December 2011, was 194.9. The index is also broken down into four …
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"UP, UP and AWAY" - The Fifth Dimension
FHA Costs Going UP!!
If you've been considering a purchase that would include FHA (Federal Housing Administration) financing. Don't hesitate ... as once again some of the costs of procuring this very competitive form of financing (especially for the first-time buyer) are going UP!!! In an announcement from HUD today that mortgage insurance for FHA loans would increase April 1st, 2012 and June 1st, 2012! FHA financing has considerable advantages for some buyers. This will NOT affect existing FHA loans!!
Here's a "quick and dirty" breakd…
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Cast of Glee sings "Taking Chances"
Risk Determines Rate
Regardless of what a lender quotes on mortgage rates, the actual rate paid by a borrower is based on a number of variables. Lenders determine whether to loan money and at what rate based on the risk involved with the transaction.
Factors that increase the risk that the loan will be repaid will proportionately increase the interest rate charged to the borrower. If the risk becomes too high, the loan will not be approved.
Loan amounts - conventional loans for more than the conforming limits set by Fannie Ma…
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Agent Profile
My job is service...service to you and your real estate transactions! How can you benefit from my 25 years of experience and expertise? What can I offer to make the process more productive?
* Current information on available housing...comparative and competitive market pricing and analysis
* Daily involvement in the local real estate marketplace.
* Thorough, comprehensive knowledge reflecting years of helping others complete their real estate business.
* Extensive network of professional resources to make the process as smooth as possible.
My commitment is to you! Being available to you...returning your calls...answering your questions...addressing your concerns...respecting your money...matching your timeline...meeting your expectations...helping accomplish your real estate goals!!
JANEESE JACKSON: 503-709-0802 or jj@janeesejackson.com

