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Oh No My Adjustable Rate Mortgage is Going Up! Are you sure?

January 22, 2009

I came across this article yesterday and thought it made some excellent points regarding how the Libor Index which directly affects Adjustable Rate Mortgages (ARMs) has been behaving. There is a lot of concern now for most people whose loans are scheduled to reset or adjust. The obvious concern is that when an ARM reaches its adjustment period it will automatically skyrocket making the home no longer affordable for the homeowner. In the following article there is some great information about why this may not necessarily be the case any longer. Read More

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VA Interest Rate Reduction Refinancing Loan, IRRRL, Lower Rate or Go From ARM to Fixed

December 10, 2008

Earlier today I came across this great article by Fred Chamberlin. The program he outlines in his post is excellent. Though there are some restrictions, they do not seem overly cumbersome. I would definitely recommend taking a few minutes to read this post if you are a veteran or a real estate professional who works with a lot of veterans. Read More

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Looking to Invest in Real Estate

November 28, 2008

Today, so many actual buyers are put off from the housing and mortgage crisis that it is keeping them off the buying market. The problem with this very thought is the fact that the market is saturated with great buys at this moment. On top of that, mortgages rates are a historic lows. Read More

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