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San Antonio Home Great Value in a Growing Market

San Antonio (pronounced /ˌsænænˈtoʊnioʊ/) is the second-largest city in the state of Texas and the seventh largest city in the United States. Located in the northern part of South Texas and the beginning of the American Southwest, San Antonio is the epicenter of Tejano culture and Texas tourism. The city is the seat of Bexar [...]

Mortgage applications more than double thanks to rates!

Just because applications are rising, you must keep in mind does not mean that mortages are as well. Meaning tons of people looking for a mortage can throw out as many applications as their hearts desire, although I’d like to see how many of those applications are actually successful…?
Bankers’ group cites Fed’s [...]

Treasury mulls plan to lower mortgage rates to 4.5%

Move would help homeowners and buyers with good credit, but would do little for troubled borrowers, experts said.
Lobbyists are pushing the Treasury Department to consider a plan to purchase mortgage-backed securities in the hopes of driving mortgage rates to as low as 4.5%, an industry source said.
Similar to an effort unveiled last week by the [...]

Lower mortgage rates no silver bullet – BUT HELL Their still LOWER! :-D

The government is weighing plans to drive rates as low as 4.5%. But experts say that won’t be enough to stabilize the housing market.
Does anyone really think this will help much if unemployment is up near 8%? How exactly are people going to continue paying thier new lower rate mortage if they don’t have [...]

Reverse Mortgage Fees – Costs and Benefits

Requirements
To qualify for a reverse mortgage in the United States, the borrower must be at least 62 years of age. There are no minimum income or credit requirements, but there are other requirements and homeowners should make sure that they qualify for the loan before they invest significant time or money into the process.
For [...]

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