Jumbo Loans and Financing: 6 important steps to apply for jumbo loan in Tampa Jumbo loan rates have recently become very competitive with regular loans. Some banks are now offering lower rates and financing costs, and million-dollar homes in Tampa are becoming...
If you’ve been on the fence about buying a home in the Tampa Bay area; you’ll want to read this news article about interest rates. It’s hard to believe in today’s economic environment, but the overall Bond market, including Mortgage Bonds, are...
Here are some quick updates on how the mortgage industry will change your ability to buy a home in the Tampa Real Estate market. It’s not as bad as most people think! Although it can be confusing since things are changing every day! Here are the changes for FHA...
Credit Crisis & Real Estate Markets Report Federal Reserve Board Slashes Fed Funds Rate On December 16, 2008, the Federal Reserve slashed the target range for the federal funds rate to 0%-0.25%–a clear signal that Chairman Bernanke and other members of the...
I asked Katie Hughes with Prospect Mortgage to give me her Home Shopping Holiday Bargain advice! Mortgage rates have dropped AGAIN and are at their lowest point in generations. Here’s what she said about the Tampa Bay Housing Market: If you have been on the...
Just a quick update on the lowest mortgage rates we’ve seen in a long time! I was sent this today: Conforming 30 yr fixed : 5.25% Conforming 30 yr fixed: 5.0% 30 yr FHA rates: 5.125% 30 yr VA rates: 5.375% JUMBO 5 YR ARM: 5.5% JUMBO 7YR ARM: 5.75% Here is what...
