Karen Burket's "Active" Mortgage Blog

It's not an illusion folks, we really ARE seeing historically low rates!  Here's a historical breakdown on Mortgage Interest Rates since 1985.  Is now a great time to buy a house?  I say...YES!  Charts courtesy of http://www.freddiemac.com/pmms/pmms30.htm

Daily Rate Blast - Medford Oregon Mortgage Interest Rates - August 11, 2011 This morning’s Conventional FIXED and ARM rate quotes are:                             30 Year                                                 4.125%   (4.368% APR)                                                15 Year  ...

A Baptist preacher and his wife decided to get a new dog. Ever mindful of the congregation, they knew the dog must also be a Baptist. They visited kennel after kennel and explained their needs. Finally, they found a kennel whose owner assured them he had just the dog they wanted. The owner brough...

Rates are so low, it's like the US is having a going out of business sale!   This morning’s Conventional FIXED and ARM rate quotes are:                             30 Year                                                 4.000%   (4.239% APR)                                                15 Year ...

Evaluating and using Tax Returns for Mortgage Financing - Part 2   I posted this part one and two series a few months ago.  Some recent conversations with some Realtors and clients spurred me to repost some of this information as it appears there are some misconceptions as to how income gets calc...

Daily Rate Blast - Medford Oregon Mortgage Interest Rates - August 9, 2011 This morning’s Conventional FIXED and ARM rate quotes are:                             30 Year                                                 4.375%   (4.622% APR)                                                15 Year   ...

Evaluating and using Tax Returns for Mortgage Financing (Part One) Chances are you have heard how the mortgage lending environment has changed and that it's becoming more challenging to obtain mortgage financing.  While that is certainly the case, there are still options out there.  In this Part ...

Well, A Girl Potato and Boy Potato had eyes for each other,And finally they got married, and had a little sweet potato, which they called'Yam.'Of course, they wanted the best for Yam.When it was time, they told her about the facts of life.They warned her about going outAnd Getting half-baked, so ...

Daily Rate Blast - Medford Oregon Mortgage Interest Rates - August 3, 2011    This morning’s Conventional FIXED and ARM rate quotes are:                             30 Year                                                 4.250%   (4.488% APR)                                                15 Year...

Daily Rate Blast - Medford Oregon Mortgage Interest Rates - August 2, 2011 This morning’s Conventional FIXED and ARM rate quotes are:                             30 Year                                                 4.375%   (4.619% APR)                                                15 Year   ...