Sal Gutierrez's (sal_g) Blog

Eligibility rules: Do you own a home now? If so, you're not eligible for the credit. Did you sell your home more three years ago and now rent? You are eligible. The same is true if you've never owned a home before. Close on a house before next June 30, and you can claim a credit of up to 10 perce...

Anybody who's been sitting on the sidelines hesitant to jump into real estate until conditions settle down should know these dates: April 9, 2008, through June 30, 2009. They mark the eligibility time span to qualify for the home-purchase tax credit created by the massive housing bill approved by...

Liberty One is an FHA/VA approved mortgage company headquartered in Goodyear, Arizona and is licensed nationally to assist you with all your mortgage and lending needs. Whether you are looking for a loan to help you purchase a new home or simply refinance your existing loan, we can help you achie...

Fannie Mae and Freddie Mac are expected to be taken over by the government as soon as this weekend in a bold move designed to protect the mortgage market from the risk the companies could fail, a person briefed on the matter said Friday night. The news was reported on the Wall Steet journal websi...

Yahoo reported earlier today some news from the banking and mortgage industry ,... An industry group says a An industry group says a record 9.2 percent of American homeowners with a mortgage were either behind on their payments or in foreclosure at the end of June, as damage from the housing cris...

That's right. We have secured on your behalf an extra 10 days to get your Down Payment Assistance (DPA) loans in before they go away forever on October 1st, 2008. Please call Audra at Freedom Mortgage fpr details on how you can register for them today. Send an email out to all your Realtors and c...

 The stock market was down 300+ points. Mostly as a result of a larger than expected unemployment report fromt he governement. Hpwever a weak demand for new homes forced the builders to mark down the value of its land and unsold homes. Toll Brothers reported earnings yesterday which sent shockwav...

Here are the questions to ask yourself if home buying is right for you Do you need the flexibility of renting? or can you afford to stay in your home for at least 5 years or longer? Can you afford a 20% down payment? Can you afford a monthly payment on a 30-year fixed mortgage? ask your CPA ... D...

SPECULATON. UNCERTIANINTY. ASSUMPTION.  All words have seemingly taken over the markets as no one really has a clue to where we are headed. Robert Ashby wrote a great article this week that talks about the foolishness of predictions that really influenced bonds pricing last week. We have arrived ...

earlier today, more news rocked wall street , down more than 100 points in early trading ... A report by mortgage bankers Association, a mortgage industry goupr said "says a record 9.2 percent of American homeowners with a mortgage were either behind on their payments or in foreclosure at the end...