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Mortgage and Lending - imortgage
ARIZONA MORTGAGE NEWS Your Arizona Mortgage Pro Mortgage rates and news Best rates, lowest rates, no money down, 100% financing, Gilbert, Chandler, Tempe, Mesa, Phoenix, Scottsdale
RECENT BLOG POSTS
Quick Tip: Check washing accounts for over $800 million in losses each year. Ever know for a fact that you sent a check to a creditor only to have them tell you they never received it? Did you know how easy it is for criminals to find checks in your outgoing mailbox and 'wash' the area of intende...
01/31/2011
Mortgage Rates today opened flat to last week with no gains and few changes> This week is expected to see a lot of economic data which can change the flow quickly. The unrest in Egypt is expected to have negative affects on the US economy, which could actually force rates down. Conventional 30 yr...
01/31/2011
This is one of the most common questions I receive, so I decided to post this again. Feel free to bookmark the link at the bottom should you wish to refer back. I will keep it updated for you. You can also just send buyers or sellers directly to the page. I also added a note regarding eligibility...
01/30/2011
Listings often have a lot of photos and with todays cameras producing 2-6MB images each, a single listing can take forever for a potential buyer to open only frustrating the buyer enough to leave the listing. There are tools out there that are super easy to use to dramatically reduce the size of ...
01/29/2011
Did you know that you can use FHA financing the very next day after a short sale? I'm crazy you say? Well, whether or not that is true, FHA DOES allow financing on a property for a borrower who just experienced a short sale event. There are, of course, some obstacles.. FHA does NOT allow borrower...
01/29/2011
FHA Commissioner David Stevens announced today that the FHA Anti Flipping Waiver will continue throughout the remainder of 2011 to accelerate the resale of properties in neighborhoods struggling with property abandonement. They claim 21,000 mortgages have been originated using the waiver worth ov...
01/28/2011
Mortgage Rates for AZ today, pretty much the same as yesterday. This week was mostly uneventful and saw little to no movement in most areas. Let's look at some examples of today's mortgage rates Conv 30 yr - 4.875% - 5.250% Conv 15 yr 4.375% - 4.625% FHA 30 yr 4.750% - 5.125% FHA 15 yr 4.250% - 4...
01/28/2011
FHA Commissioner David Stevens announced today that the FHA Anti Flipping Waiver will continue throughout the remainder of 2011 to accelerate the resale of properties in neighborhoods struggling with property abandonement. They claim 21,000 mortgages have been originated using the waiver worth ov...
01/28/2011
Mortgage Rates for Arizona. Who would have guessed a year ago people would be complaining that their interest rate is 5%? Even after rates climbed for 2 months before leveling off, rates are still at historic lows. How many times since the 1950's have rates been at a whipping 5%. I'm sure many pe...
01/27/2011
In today's market, the number of people who have had a short sale or foreclosure are exponentially increasing, but that doesn't mean you can't ever buy again. So how long before you can? FHA Foreclosure/Pre-Foreclosure/Short Sale: 3 year waiting period VA Foreclosure/Pre-Foreclosure/Short Sale: 2...
01/27/2011