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Lastest Mortgage Buzz

How to Buy a Home Using Someone Else's Money

Fannie Mae is currently offering buyers up to 3.5% in closing cost assistance through October 31, 2011. A $1,200 selling agent bonus is also available to selling agents who close on an owner occu   read more »

Zero Down - Does It Still Exist?

The Virginia USDA Home Loan program is a great Zero Down financing option. Contrary to what you may hear in the media, buying a 3 bedroom   read more »

FHA Seller Concessions Under Attack

Published in an email today, the FHA desires to reduce seller concessions from 6% to "one more in line with industry norms". Below is pasted directly from Frida   read more »

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Local Market Pulse

Monthly Rent Payments on the Rise
Does it make more sense to continue to rent? Or is it now the time to buy a home? Here are the latest facts: According to a national real estate website’s data, it is now less expensive to own a home than to rent one in 72% of American cities.  read more »

Foreclosures: Benefits, Pitfalls & Interesting Points
Foreclosures are almost always intriguing. Neighbors, real estate agents, investors, and potential buyers are all curious. Is the home a diamond in the rough, a bargain, a nightmare, or a combination of all of those?  read more »

Someone’s Buying Your Name…and You Don’t Even Know It!
Your name is actually worth quite a bit. The only problem is that you aren’t the one benefiting from it. Very few people realize that each time their credit is checked, the information provided to the credit bureaus   read more »

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