Powered by RealTown Blogs

Mortgage update-- August 24, 2009

Date: Aug. 24, 2009
Tags: , ,
Interest rates are still hovering around an all time low of 5%. VA loan limit is $417,000 FHA loan limit in El Paso county for single family is $325,000
Comments (1) :: Post A Comment! :: Permanent Link :: Email This Entry

RE: Mortgage update-- August 24, 2009

Posted by: Mercedes D
Date: Nov. 4, 2009

The decline in interest will be  great relief. Mortgage is a loan security, nowadays credit is less available than in previous years, so getting a mortgage can be a little trickier for some people, and there is a growing contingent of scams.  For one, mortgage modification offers – be careful of who you're dealing with.  Check them out, and if the offer comes from the Spam folder, delete it.  Also, beware of lenders who offer hard money loans for a mortgage, or anyone who includes the first time home buyer tax credit into ANYTHING.  Checking out any and all parties involved in a mortgage is essential – otherwise you'll end up needing some big time credit repair, if not worse. 

 


Write a Comment
Your Name:  RealTown Members: Click here to login
Your E-Mail: 
Your Website: 
Subject: 
Your Comment: 
Notifications: 
Privacy: 
Verification: 
To verify that you are a human and not a script, please enter the verification word from the image into the box on the right.
 
Page 1 of 1