Homepath Financing! What does that mean?

Marcy Briggs with Nova Home Loans talks to WendyMcCroskey.com viewers about Homepath financing. Homepath financing is a product specifically available to purchase Fannie Mae owned home. What is a Fannie Mae owned home? Well it’s one of many types of foreclosures found here in Phoenix. Call me for more details for for a free list [...]

What Does the 700 Billion Bailout mean to Real Estate?

The Congress is talking about a 700 billion dollar bailout of the financials market to buy up all the faulty mortgage loans. What does this mean to the real estate market and your business

Savings, higher rates mean thriftier nation

Savings, higher rates mean thriftier nation
HOUSEHOLDS have doubled savings and are and paying down their debt making Australia a thriftier nation, though still in debt, the Reserve Bank says.
Read more on Herald Sun

FHA Loans: What the recent changes mean for FHA…

On September 7th, the Federal Housing Administration will make yet another change to Mortgage Insurance Premiums. It can be considered a change for the worse, but I consider it a positive change for a couple of reasons. A few months ago, the FHA increased mortgage insurance premiums during the time period where the tax benefit [...]

Mortgage Insurance Definition – What Does Mortgage Insurance Mean?

Go to www.corporatevocabulary.com for the complete lesson on Mortgage Insurance and a full course to give you the vocabulary and communication skills of a six-figure earner. In this video we teach you the definition of Mortgage Insurance.

Will the Federal Rate Cuts Mean Lower Mortgage Rates?

For those who watch mortgage market closely have noticed that mortgage rates have actually risen slightly after of few of the recent Fed rate drops. Why? The rates that the Federal Reserve has been lowering are the rates at which banks borrow money. In a simple world, if the bank has access to cheaper funds [...]

When calculating payments on a mortgage calculator- I see 6% rate, does this mean taxes? And if so?

does this mean the city’s annual taxes? Or is that something different
Also, what is the average interest rate percentage?