Did you know that the government is trying to replace Fannie Mae and Freddie Mac with a new agency? These 2 agencies are the only 2 profitable agencies our government has……and now they want to change it……go figure……Well, their stock plummeted and once the government gets their destructive paws on something……well, you know…..so we'll see […]
3/13/2014- Today Interest rates are Great!
Today the bond market (Mortgage Backed Securities) is doing great. This is mainly due to fear over Ukraine and China. We've had a couple of price improvements today already……Let's hope this is a trend…….
3/12/2014 – VA Loans
Did you know that VA home loan interest rates are currently lower than interest rates on conventional loans? And did you know that if you already have a VA loan, you can do a no cost VA Streamline refinance without an appraisal and lower your rate if rates are lower than what you currently have? […]
