October 2011
Despite all the buzz around refinancing and the HARP revisions, people are still out there buying houses in Michigan. Purchase inventory in Metro Detroit is down 28% compared to this same time last year MBA numbers show purchase applications have hit a 15 yr LOW! Multiple offers are becoming more common and are received right [...]
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So you think there isn’t enough savings or incentive to refinance? You owe it to yourself to use this tool to understand YOUR NUMBER. Click the link below to download the excel file. Then follow the simple instructions in the video to plug in your information and see how much money you could save! *You [...]
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The USDA Rural Development (RD) program, the last ZERO down payment option for home buyers, has been modified effective 10/1/11. The biggest change is that the RD loans now have mortgage insurance (PMI) built into the borrower’s monthly payment. This well help provide more funding for the program without hurting the tax payers. Good news [...]
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