Feeds:
Posts
Comments

Posts Tagged ‘Mortgage’

What’s the Future of Mortgages?

Posted in Finance, General Real Estate Market, tagged , , , on March 7, 2011 | Leave a Comment »

In the aftermath of the financial meltdown, much of which was brought on by mortgages that were too easy to get by people who were “iffy” at best regarding their ability to repay their mortgage, we are beginning to see discussions about how mortgages should be arranged and marketed in the future.  This is part [...]

Read Full Post »

Fed Buying Mortgages- What’s Up with That?

Posted in Finance, General Real Estate Market, Real Estate, tagged , , , on November 26, 2008 | Leave a Comment »

The consensus of the experts is that our current economic turmoil will not be resolved until the price of housing is stable.  So, the federal government is working on a number of ways to make that happen.  The latest, and most direct effort is coming from the Federal Reserve.  They’ve announced that they will be buying mortgage backed [...]

Read Full Post »

Media Mortgage Mess

Posted in Finance, General Real Estate Market, Iredell County, Lincoln County, Mecklenburg County, Real Estate, tagged , , , on November 17, 2008 | 1 Comment »

My bride and I went to Lotus Restaurant in Mooresville for Sunday lunch yesterday.  If you’re not familiar with it, Steve at the Lotus provides one of the best Chinese meals around, and on Sundays in particular, you are very likely to see other folks you know having lunch there.  Well, of course we did [...]

Read Full Post »

USDA Loans for Houses?

Posted in Catawba County, Finance, Iredell County, Lincoln County, Real Estate, Rowan County, tagged , , , , on November 14, 2008 | Leave a Comment »

I’m working with a couple who are interested in buying a home in Mooresville.  Part of the process of working with clients is talking about what, if anything, they’ve done toward getting qualified for a mortage.  This couple had done all the right things including contacting a lender and getting pre-qualified.  Turns out, their lender [...]

Read Full Post »

Lake Norman Real Estate Market Update

Posted in Finance, General Real Estate Market, Iredell County, Lake Norman, Real Estate, tagged , , , on November 10, 2008 | Leave a Comment »

When I’m out in the community talking to people who know that I’m a real estate professional, they all eventually get around to asking about the real estate market.  It usually goes like this, “How’s the market?  Nothing’s happening, is it?”  At that point, I patiently explain that the market is not DEAD.  It is [...]

Read Full Post »

Mortgage Money is Out There

Posted in Finance, Real Estate, tagged , , , on October 23, 2008 | Leave a Comment »

I keep hearing in the news that it is difficult for people to buy homes, and I guess for some people that is true.  What also seems to be true is that if a person has difficulty getting a mortgage, it is probably because the lenders don’t believe the person has the means and track [...]

Read Full Post »

The North Carolina Housing Finance Agency

Posted in Finance, Real Estate, tagged , , , , on October 22, 2008 | Leave a Comment »

While mortgages have become more difficult for some people to receive, there are still sources for home buyers who might otherwise have difficulty borrowing from conventional sources.  One of them is the North Carolina Housing Finance Agency which was created in 1973 by the NC General Assembly.  As described in their website: “The North Carolina [...]

Read Full Post »

5 Factors That Decide Your Credit Score

Posted in Finance, tagged , , , on October 15, 2008 | Leave a Comment »

As I said in an earlier post, mortgage lenders tell me that there is plenty of money to lend for mortgages.  The only hitch is that you need to have a job, and you need to have a relatively good (not perfect) credit score.  So, you might wonder what are the factors that control that [...]

Read Full Post »

Follow

Get every new post delivered to your Inbox.