Kevin Warren's Blog

Every month we seem to sit on edge waiting for the employment numbers. There is good reason for this, of course. During the recession America lost several million jobs and we have yet to recover fully from these significant losses. Though the unemployment rate keeps falling from its peak during t...

Time and time again we get this question from some of our clients. “I read in the papers that the average rate for mortgages is _____%. Yet I am being quoted a higher rate than average.’ Why am I being asked to pay more? This is a very good question and one that deserves more than a “cryptic” ans...

Shopping for a mortgage can be very complex for the general consumer. There are several factors which can affect the decision of whether to contract for a particular type of mortgage. These factors include but are not limited to the points and other fees associated with the mortgage, the mortgage...

The spring season tends to flood the housing market with buyers, and in markets with low inventory levels, the competition is stiff. As home prices continue to recover and interest rates remain at near-record lows, some houses are receiving multiple offers and to win the bid, buyers need to stand...

  There are multiple credit scores out there, but the most common is your FICO score, which ranges from 300 to 850. A score of 780 or above is considered excellent and will land you the top deals available, while a 720 to 780 is strong but may not qualify you for the best rates, says John Ulzheim...

Many have wondered why interest rates have risen so sharply this year without the economy showing significant enough strength to heat up inflationary pressures. Yes, the threat of the Federal Reserve decreasing stimulus by lowering their purchases of Treasuries and Mortgage Backed Securities hove...

Americans overwhelmingly believe owning a home is a good financial decision and a majority of renters say homeownership is one of their highest priorities for the future, according to a survey by the National Association of Realtors®. The 2013 National Housing Pulse Survey also found that renters...

  The Federal Housing Administration is making it easier for once-struggling homeowners to qualify for a home loan backed by the agency. For borrowers who meet certain requirements, the FHA is trimming to one year the amount of time that homebuyers must wait after a bankruptcy, foreclosure or sho...

FHA is requiring updates for their condo certifications. FHA requires a certification on the entire condo complex to be able to finance with an FHA loan. A lot of complexes approvals expire tomorrow December 7. If you have a condo listing or a buyer looking at a condo, give me a call or email to ...

Found the perfect house, but can't get money from the seller to pay for necessary repairs to go to closing? Come learn how your buyers can borrow money on top of the purchase price for repairs and upgrades to any property!  September 14, 2010 from 11am-2pm Lunch will be provided! Please RSVP as s...