Monday, January 27, 2014

A little Monday Morning Humor.....

A little humor to get you started this week.  What would conference calls look like in person?  http://www.youtube.com/watch?v=DYu_bGbZiiQ


Friday, January 24, 2014

Mortgage Rates Push Well Into New 2014 Lows

Today's mortgage rates lower than we have seen in several months thanks to global sell-off in risk-related assets. What's a risk-related asset?  It's a catch-all term for investments that carry greater risk and greater reward, such as stocks and emerging market currencies.  When risk-assets get trounced, bond markets are often one of the safe-haven beneficiaries, and stronger bond markets mean lower mortgage rates.  What this means to you??   It is a great time to refinance or lock in your rate!  For most recent rates visit Lord Mortgage Rate Search engine

Saturday, January 18, 2014

Mortgage Rates Edge Back Down to 6-Week Lows!

Sign up for free rate alert emails on my site.  With rates dropping, does an Adjustable Rate Mortgage (ARM) make sense if I plan on moving in less than 4 years? Learn more here: http://www.lordmortgage.com/loan-options.html or call me to discuss your best option

Friday, January 17, 2014

How much house can you afford?

The rule of thumb is not more than 36% of your monthly income. Does that amount include the mortgage payment or all the taxes, insurance and other maintenance costs? Use my calculators http://www.lordmortgage.com/mortgage-calculator.html to help determine your price range for your next home.  Do you feel that amount is too much house debt for a homeowner? Or should borrower increase that limit?

Sunday, January 12, 2014

Jumbo Mortgage Rates Remain at Historic Lows!

For the first time in over 20 years jumbo loan  (over $417K)  rates are at or below conventional mortgage rates.  Most minimum down payments have been cut from 20% to 15%.   Good time to be a "jumbo" borrower - contact me to get a quote on your new home.   717-691-1450