Refinancing a Vacation Home Means Stricter Loan Requirements

Refinancing a Vacation Home Means Stricter Loan Requirements

Refinancing your home can be a great way to reduce your monthly mortgage payments, pay off your loan faster or consolidate debt. Unfortunately, refinancing a second home is a little more challenging. Homeowners who want to take advantage of low interest rates by refinancing a vacation home or investment property should be prepared for stricter […]

Wilmington NC Home Sales and Interest Rate Update

Home sales in the greater Wilmington, North Carolina real estate market have been heating up according to data from the Wilmington Regional Association of Realtors. The group reported 446 property units sold in April which is the fourth highest amount in any month over the past two years ( 522 June 2010, 490 June 2011, […]

New Hampshire Mortgage Rates Today

Below is a snapshot of current New Hampshire mortgage refinance rates posted this afternoon on ForTheBestRate.com. Most of the lenders advertising on the site today are still showing 30 year APRs in the high 3% range. Please visit the site to learn more about the quoting criteria and to see the most current pricing. Rates […]

Mortgage Market Recap

It was another stellar week for mortgage rates as interest rate averages remained at their all-time lows for the third straight week.  Frank Nothaft, VP and Chief Economist at Freddie Mac, attributed the flat rate environment to mixed confidence measures. He noted that while small business  and home builder confidence rose, consumer sentiment fell more than […]

Mortgage Rate Update – Michigan Edition

Mortgage rates continue to remain near their all-time lows. Below is a snapshot for current Michigan mortgage rates pulled this morning from the mortgage rate research web site, ForTheBestRate.com. Please note that mortgage rates are subject to change without notice. Please visit the web site for quoting criteria and for the most up-to-date pricing information. […]

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