Tag Archives: Bernanke

IS YOUR VACATION HOME UNDER WATER?

JUST CLOSED! Property values are still depressed in some vacation areas! I just refinanced a client with a 115% loan to value. Fannie Mae and Freddy Mac have programs to refinance properties that are “under water”. Many people have not … Continue reading

Posted in Equity, Home Financing, Love, military, Mortgage Rates, Mortgages, Rates, Real Estate, Real Estate Mortgages, Retiree, Retirement, Reverse Mortgage, Reverse Mortgagee, Reverse Mortgages, Spirituality, Uncategorized, VA, VA Mortgage, Veteran, Veterans | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment

REVERSE MORTGAGES – Strategies for using a Reverse Mortgage

SUPPLEMENTAL INCOME STRATEGY THEORY Obtaining a conversion mortgage will allow a borrower to draw consistent supplemental income from their home equity through a monthly (tenure or term) payment stream. This has the benefit of taking pressure off the borrower’s retirement … Continue reading

Posted in Equity, Home Financing, Mortgage Rates, Mortgages, Rates, Real Estate, Real Estate Mortgages, Retiree, Retirement, Reverse Mortgage, Reverse Mortgagee, Reverse Mortgages, Spirituality | Tagged , , , , , , | Leave a comment

FEDS KEEP RATES LOW

  Don’t miss out while Rates Stay LOW! Interest rates are staying low. They won’t be raised until the economic soup is just the right temperature, and right now it is still way too cold. Even if inflation magically bounces … Continue reading

Posted in Home Financing, Mortgage Rates, Mortgages, Rates, Real Estate, Real Estate Mortgages | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Mortgage News

When I bought my first house I sat across from a mortgage broker and thought I could do a better job than she is doing. I was a first time home buyer and much of the information she was giving … Continue reading

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