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Mortgage Virtuoso
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Arizona mortgage rates, news, information and advice from Steve Heideman. Steve is the president of United Mortgage Financial Group, Inc.
Recent Posts Tagged With 'home ownership'
Home Prices Show Improvement In 19 of the 20 Case-Shiller Markets
Tuesday -- for the first time in a long while -- members of the press met the monthly Case-Shiller Index data with enthusiasm. And why shouldn't they? Related posts:The Decline In Home Values Slowed In February, Says Case-Shiller. Probably in Marc...
Adjusting For Cost Of Living Differences After A Non-Local Move
Moving to a new metropolitan area requires adjustments. Related posts:The Inflation Calculator Checks Whether Your Income Is Keeping Pace With The “Cost of Life” The phrase “Consumer Price Index” can be intimidating and unc...
Why Home Buyers Should Worry About Falling Housing Starts And Why Sellers Should Cheer Them
With respect to housing data, news is rarely positive or negative on a universal level. There's always two perspectives to consider, after all. Related posts:Plunging Housing Starts Is Bad News For Spring 2009 Home Buyers When it comes to housing ...
8 Things You Absolutely Shouldn’t Do Now That Your Mortgage Application Is In-Process
With mortgage rates are hovering near all-time lows, lots of Americans are taking advantage of refinance and home buying opportunities. The downside of today's unexpectedly-low rates, though, is that mortgage lenders are ill-equipped for the rush of ...
Simple Real Estate Definitions : FICO
The basis of most mortgage lending is credit scoring. In general, the higher a person's credit score, the lower his offered mortgage interest rate Related posts:How The End Of Credit Score Piggybacking Could Damage Your Credit Rating Credit “...
Can You Guess What Percentage Of Mortgages Are Still Paid On-Time?
Mortgage delinquencies are on the rise nationwide, but the news may not be as bad as it appears at first glance. Using anonymous data from its national credit database, TransUnion reports that 4.58 percent of American homeowners were at least 60 days...
The Relative Cost Of Owning Versus Renting Is Back At Historical Norms
One popular housing theory is that -- before a bona fide housing recovery can begin -- the cost of owning a home versus renting one must return to historical levels. If that belief is a truth, a national return to rising home prices may be in store f...
Fannie Mae Removes Its 4-Financed Property Limit
Friday, Fannie Mae rolled-back one of its least popular mortgage guidelines updates of the last 12 months. Related posts:Converting Your Primary Residence To An Investment Property? You May Not Qualify For Your Next Mortgage. When a homeowner buy...
Signs of rebirth in the Economy not Translating to Mortgage Rates
Despite a weakening employment outlook for Americans, the economy flashed signs of a rebirth last week. It wasn't enough to reverse the recent mortgage rate trend, however Related posts:Mortgage Markets In Review : January 20, 2008 After a strong ...
Would You Believe That Home Buyers Are Out In Full Force?
A real estate trade group reported Tuesday that Pending Home Sales ticked higher in December 2008. A "pending home sale" is a home under contract to sell, but not yet closed Related posts:Pending Home Sales Shows That More Buyers May Be Shopping Fo...
