Getting the best possible deal for a home or condominium is compromised of two parts. One is buying the home or condo at a good price and the other is getting the best mortgage deal. Any savings on the price of a residence can be reduced by paying higher interest rates for a mortgage loan. [...]
Entries Tagged as 'loan'
Las Vegas home and condominium buyers should get pre-approved before making an offer, here is why. Countrywide’s Real Estate Purchase Addendum, conclusion
August 17th, 2008 · No Comments · Las Vegas condos, Las Vegas homes, Las Vegas Real Estate
Tags: buy Las Vegas condominium for sale·Buy Las Vegas home·Henderson foreclosed condominium·Henderson foreclosed homes·loan·mortgage·pre-approved·underwritten approved
Mortgage rates are lowest since 2004 as Fed cuts rates by 1.25% in eight days
January 30th, 2008 · No Comments · Las Vegas condos, Las Vegas homes, Las Vegas Real Estate
According to Freddie Mac’s survey last week, the average rate for a 30-year fixed mortgage was 5.48%. This is one of the lowest rates since 2004. Furthermore the Fed has cut rates by 1.25 percentage points in eight days, and has lowered the target for the federal funds rate to 3%. It is possible that [...]
Tags: condos·Fed·fixed rate·homes·interest rate·Las Vegas·LIBOR·loan·mortgage·owner
Analysis of a Las Vegas home owner (whose home is facing foreclosure) interview with KVBC TV
September 1st, 2007 · No Comments · Las Vegas homes
Following is an excerpt from a distressed Las Vegas Home owner’s interview with KVBC TV. “”It’s really very hard, very emotional.” Christine Young of Henderson is in a bind like so many in our valley. She refinanced her four bedroom, nearly 2,000 square foot home more than a year ago. And at the time was [...]
Tags: buyer·condos·foreclosure·homes·Las Vegas·loan·mortgage·Nevada·owner·seller
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