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Category: Mortgage Info

Interest Rates Affect Buying Power

May 22, 2018
| No Comments
| Buying a Home, Featured Property, Local Experts, Mortgage Info, Real Estate

According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 4.61%, which is still near record lows in comparison to recent history! The interest rate you secure when buying a home not only greatly impacts your monthly housing costs, but also impacts your purchasing power. […]

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Household Mortgage Debt

April 19, 2018
| No Comments
| Buying a Home, Local Experts, Mortgage Info, New Construction, Real Estate, Selling a Home

Some homeowners have recently done a “cash out” refinance and have taken a portion of their increased equity from their house. Others have sold their homes and purchased more expensive homes with larger mortgages. At the same time, first-time buyers have become homeowners and now have mortgage payments for the first time. These developments have […]

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Boomerangs Ready To Buy

April 4, 2018
| No Comments
| Buying a Home, Local Experts, Mortgage Info, Real Estate, Selling a Home

According to a new study from Lending Tree, Americans who have filed for bankruptcy may be able to rebuild enough credit to qualify for a home loan in as little as 2-3 years. This is in stark contrast to the belief that many have that they need to wait 7-10 years for their bankruptcies to clear […]

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Experts Agree: Home Prices WILL Continue to Rise

March 29, 2018
| No Comments
| Buying a Home, Local Experts, Mortgage Info, Real Estate, Selling a Home

Some believe that the combined effects of the new tax code and rising mortgage rates will have an adverse impact on residential real estate prices in 2018. However, the clear majority of recently surveyed housing experts believe that home values will continue to rise this year. What is the Home Price Expectation Survey? Each quarter, Pulsenomics surveys a nationwide panel […]

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Howell Branch, New

November 14, 2017
| No Comments
| Buying a Home, Featured Property, Local Experts, Mortgage Info, New Construction, Pre-Market Opportunities, Real Estate, Selling a Home

New Office in Historic Downtown Howell, now 5 locations for Coldwell Banker Town & Country. Very excited to find the perfect downtown location for our new office. We are looking forward to seeing you at our grand opening near the end of November at 211 E Grand River Ave. Call or email us today for […]

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Home Appraisals

September 26, 2017
| No Comments
| Buying a Home, Mortgage Info, New Construction, Real Estate, Selling a Home, Uncategorized

What Is a Home Appraisal Based on? A home appraisal is a complex procedure for determining the value of a home, which is an important number for homeowners and potential buyers alike. Trained and certified appraisers look at several factors to determine a home’s value, including its permanent fixtures and the land it sits on. […]

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Seller's Market…

February 13, 2015
| No Comments
| Buying a Home, Mortgage Info, Real Estate, Selling a Home

Home Prices Are Up, Supply Is Down—Expect Bidding Wars It’s getting more expensive to buy a house. Prices rose 6% in the fourth quarter of 2014 as buyers competed for fewer and fewer available homes for sale, according to new data from the National Association of Realtors®.  The NAR report shows most cities (86%) are experiencing rising […]

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Home Possible Advantage

December 20, 2014
| No Comments
| Buying a Home, Mortgage Info, Real Estate

Freddie Mac Home Possible Advantage(SM) Mortgage Makes Home Financing With a 3 Percent Downpayment Possible New Low-Downpayment Mortgage Aims to Change the Game for Homebuyers MCLEAN, VA–(Marketwired – Dec 8, 2014) – Freddie Mac (OTCQB: FMCC) today launched Home Possible Advantage(SM), an affordable conforming, conventional mortgage with a three percent downpayment requirement designed to make responsible homeownership […]

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Housing Trends

September 30, 2014
| No Comments
| Buying a Home, Mortgage Info, Real Estate, Selling a Home

New from Realtor.com on our website is the Housing Trends Newsletter in co-operation with NAR. http://samg.housingtrendsenewsletter.com Updated monthly and linked to all the latest up to the minutes stats around the country.

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Docs Needed to Buy

March 12, 2014
| No Comments
| Buying a Home, Mortgage Info, Selling a Home

10 Pieces of Paper You Must Round Up to Buy (or Sell) a Home Home buyers and -sellers alike often bristle with anticipatory irritation at the mere thought of all the paperwork they expect they’ll have to come up with to do their transaction, above and beyond the basic loan application, contract, disclosures and closing […]

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