Jim Enright's Blog

Mortgage and Lending - Corporate Investors Mortgage Group, Inc. - 68754
By Jim Enright. A variety of factors on a global scale - such as the value of a dollar, the currency, the US and world economy, world events (both good and bad), and anything that the Fed Chairman or members say that causes uncertainty – will make interest rates rise or fall. Rates are primarily ...
By Jim Enright. The loan to value ratio (LTV) tells you how much of a property is being financed. It is a way to determine how much equity you have in a property. For example, assume you buy a home worth $200,000. If your mortgage is for $150,000, then your loan to value ratio is 75% (because you...
By Jim Enright. Nope. Fannie Mae and Freddie Mac don’t make loans directly to homebuyers. For the most part, they purchase loans from lenders on the secondary market and sell them as a mortgage-backed security to investors on the open market to replenish their supply of funds so that they can mak...
Hi I’m Rick Arnold. This is my wife Jess.  We’re from Hillsborough, North Carolina, and we just bought a house in Gibsonville, North Carolina, with the assistance of Jim Enright and his team. We actually came to Jim through a recommendation from our realtor for our first time buyer home loan in ...
This page will be the ongoing story of what works and doesn’t work during the mortgage loan approval process. Borrower errors, attorney errors, realtor errors, and yes, even lender errors.  Mine. I prefer to call them lessons, as the education never stops. I’m beginning this series with a very im...
Top 10 Tips for First-Time Home Owners Rent or Own? Renting can sometimes be the better deal. Owning a home is an expensive investment. After covering the down payment and mortgage, you'll have to pay for insurance, closings costs, and maintenance. Calculate and compare all of the NC home owners...
Had read about Dark Water Rising before the show                                            and was intrigued.                                                                       Lumbee and Coharie indians from Pembroke and Lumberton.Attended UNC Chapel Hill. Diverse musical influence self cata...
Should you wait for property values to rise before you sell your Chapel Hill or Durham NC Home and move up to that new home you've been admiring? The answer to this question is as much psychological as financial. Why? It's easy to see your home equity loss and not so easy to see someone else's eq...
Putting up your home for sale soon? So many things to consider! Where do you begin? Watch this short video as Realtor Kathy Legnaioli in Chapel Hill, NC outlines your first steps...even before you contact an agent. This is not just for Chapel Hill NC Homes For Sale
Watch this short and compelling video by Frank and Brian from Think Big Work Small about the research sources used in the rule making. If they are correct, the Fed put those who showed mortgage brokers being the lowest cost providers on their payroll as advisors or consultants. Hence, no dissenti...

Jim Enright

Mortgage Strategist - Mortgage Rates - Raleigh
local_phone(919) 929-6116
smartphone(919) 569-5930
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