6 reasons to shop around for the best interest rate available!

Jeff Tung — Thu, 26 Aug 2010 22:30:09 +0000

Everybody has gone shopping for one thing or another so this should apply to mortgage loans too. By taking the time to shop around for the best rates available, you could be saving thousands of dollars during the life time of the loan. So it pays to be aware of the cost associated in obtaining a loan. Not to mention, you will be more confident about affording and purchasing that home that says “buy me”.

After all, purchasing a property could be the most expensive thing you buy in your life time. Why not take the plunge now? With the lowest interest rates ever available and lots of homes to choose from, plus slow economic recovery of the market, this is the best time to do so.

Seven Questions to Ask a Mortgage Lender(brighthub.com)
Jennifer Openshaw: Four ways to lower your mortgage rate(marketwatch.com)
An Autopsy of Fannie Mae and Freddie Mac(economix.blogs.nytimes.com)
Mortgage rates hit low of 4.36 percent(seattletimes.nwsource.com)
Understanding Home Loans (mint.com)

Did you know FHA loans are assumable?

Jeff Tung — Wed, 07 Jul 2010 02:45:39 +0000

FHA loans have been around for a long time, however, it is more popular these days then ever before. Borrowers can qualify for a loan with as little as 3.5% of the sales price. Here are some things to know about these types of loans. With the way the economy is today, these programs can help you.

The Seven Things All Borrowers Should Know About FHA Loans(prweb.com)
Partners Eligible for FHA Financing(pinkbananaworld.com)
Mortgages: Changes in Mobile-Home Lending(nytimes.com)
Requirements Mortgage Loan(themortgagepot.com)
FHA Streamline Refinance Guidelines 2010(fhaloanadvice.com)
Average Homeowner In Obama Foreclosure Program Deeply Underwater, Drawing Calls From GOP To Cut Off Help(huffingtonpost.com)

Jeffrey Tung's Real Estate Blog » low interest rates

6 reasons to shop around for the best interest rate available!

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Did you know FHA loans are assumable?

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