The Elite Equity mortgage calculator provides more information about a loan than your typical. By inputting some basic information you will get more detailed information than any physical mortgage calculator.
Home Owners have been asking this since 2012 when our economy was in recovery mode. The quick answer, not much longer. Interest rates are at historical lows
If you own a home and are looking to either sell or refinance, you are in a very good position. If you’re considering selling your home, it’s no secret that Los Angeles Real Estate has always been and will continue to be a hot commodity. If your house is priced right and shows well – you will definitely attract a lot of attention and sell your home quickly.
This program (like the HARP 2.0) is geared to assist those homeowners who are financially responsible and simply want to lower their monthly mortgage payments. And by significantly reducing the cost of mortgage insurance, this…
HARP is an acronym which stands for the “Home Affordable Refinance Program.” The program was created in order to let borrowers, who got into a home prior to the housing crisis, refinance their mortgage despite the fact that their home value has decreased since they gained ownership.
Unfortunately, the program didn’t live up to expectations…. of the 5 million homeowners it was expected to help – less than 1/10th of this number actually took advantage – primarily due to appraisal values.
For those in the market to purchase a home, whether you’re a first time home buyer or seasoned investor, you’ll soon come to realize that CASH is the ultimate weapon of choice when making an…
Mortgage Brokers work as the “middle men” between the borrower and the bank securing wholesale rates for their clients. They typically get paid by the wholesale banks (also known as a “Rebate” or “Yield Spread Premium”), depending on what kind of rate they secure for the borrower.
When the Fed initiated the stimulus program to purchase billions of dollars worth of Treasury Securities, mortgage interest rates were expected to lower as investors began buying up these MBS (Mortgage-Back Securities)… and they did. However,…
To say that interest rates are low is an understatement. If you compare interest rates of today to the last 40+ years, you’ll see why so many people are in a frenzy to either buy a…