Comments for The Daily Mortgage Report

Comment on What’s Ahead For Mortgage Rates This Week : July 26, 2010 by World Wide News Flash

World Wide News Flash — Wed, 28 Jul 2010 19:44:36 +0000

What's Ahead For Mortgage Rates This Week : July 26, 2010 | The ……

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Comment on Yes, You Can Still Get A Mortgage If You’re Pregnant by Alisha18Wolf

Alisha18Wolf — Fri, 23 Jul 2010 10:02:03 +0000

Every body acknowledges that our life is not cheap, but we require money for different issues and not every man gets enough money. Hence to receive fast business loans or just student loan will be a right solution.

Comment on Loan Application Alert : Conforming, Interest Only Mortgages Guidelines Change Next Week by interest only mortgage

interest only mortgage — Fri, 09 Jul 2010 06:32:56 +0000

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Comment on Buyers Take The May 2010 New Home Sales Data All The Way To The Bank by Mortgage 101

Mortgage 101 — Sat, 26 Jun 2010 00:25:54 +0000

Buyers Take The May 2010 New Home Sales Data All The Way To The ……

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Comment on The Home Buyer Tax Credit Extension Has Not Been Passed Into Law (Yet) by M. Data

M. Data — Mon, 21 Jun 2010 21:12:30 +0000

Is this only for Arkansas then…?

“Ultimately, though, if the extension does pass, it’s expected to extend the closing date deadline for Arkansas home buyers beyond the original June 30, 2010 date into September 2010.”

Comment on Consumer Confidence Hints At Higher Home Prices And Higher Mortgage Rates, Too by Ryan Phillip

Ryan Phillip — Wed, 02 Jun 2010 19:35:29 +0000

I certainly agree that planning is the best way to avoid any inconvenience in purchasing or refinancing a house. Also, you need to make sure that you do your research regarding the terms and conditions if you are planning to get a loan. It is also advisable to seek help from a professional mortgage broker. Calgary, Alberta has a number of lending companies that offer different rates on loans. You just need to compare the rates and see if it is suitable for you.

Comment on Home Opportunity Index Ranks 225 Metro Areas For Affordability by David Lukas

David Lukas — Fri, 21 May 2010 14:47:58 +0000

Yes the FHA UP-Front mortgage insurance premium has increased.
I wrote about this in a recent post: http://www.dailymortgagereport.com/2010/03/fha-mortgages-ufmip-increase-april-5-2010/

Yes the cost of FHA MIP has gone up; however rates are at a 56-year low. With the debt problems in the Euro Zone, there has been a real flight to safety which has driven yields extremely low. It just goes to show you we live in a global economy. What happens around the world affects mortgage rates here in Arkansas. Even with the increased up-front premium, it still makes sense to buy sooner rather than later. Now that the Fed has ended their MBS purchase program, it is only a matter of time till we see mortgage rates increase. When they do increase, it could happen rather quickly. The debt crisis in Europe will eventually leave the headlines.

Comment on Home Opportunity Index Ranks 225 Metro Areas For Affordability by ARMortgage

ARMortgage — Fri, 21 May 2010 14:24:31 +0000

Great article. Yes, interest rates are at an all time low in Arkansas, which is great news for the average home owner looking to refinance or get a new home loan. However, first time home owners need to be aware that the Up-Front Mortgage Insurance Premium (UFMIP) has increased for FHA loans. The UFMIP recently went up from 1.75% to 2.25% in the state of Arkansas, meaning monthly mortgage rates have increased. So First Time Home Buyers need to read the fine print and see exactly how much they will be spending before getting too excited about the new low interest rates. More information found on the HUD website.

Comment on Foreclosure Activity Slows For The First Time In Several Years by Alena

Alena — Thu, 20 May 2010 07:52:05 +0000

I recently came across your blog and have been reading along. I thought I would leave my first comment. I dont know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often.

Alena

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Comment on Home Renovations That Increase Your Resale Value (2010 Edition) by Davil Brain

Davil Brain — Wed, 14 Apr 2010 19:31:35 +0000

An upscale renovation of a kitchen or bath would only generate half the value of a mid-range renovation. Which proves that functionality is much more sought after now than mere aesthetics. Calgary mortgage brokers would usually advise us with these things in mind. If you're looking for decent and efficient Fort McMurray mortgage brokers, you can check out the links I've provided. It really is important to seek the service of a good McMurray mortgage broker. I hope this helps. Note: I apologize for the last post. I forgot to put my name in.