One of the effects of the economic recession is the depreciating value of mortgage rates. Foreclosures and mortgage interest rates have been on a high during the past months due mainly to the economic downturn.
Aside from that, consumer spending has caused millions of unemployment, which led to homeowners’ inability to pay for their mortgages. Lending [...]

• Be the first to comment...

I just got done helping a woman streamline their FHA home loan. It was a very easy loan and very beneficial for our client. When speaking with her about the possibility of a streamline refinance, she asked me a few questions that I though everyone considering this type of refinance would probably like [...]

• View 4 Comments...

I just got done checking interest rates and they are the lowest that I have seen them in about four weeks so now is an excellent time to purchase a home!
It is also a great time to purchase because housing prices in Utah and all over the country have plummeted and they are the lowest [...]

• Be the first to comment...

I was reading in the New York Times today and I noticed two articles about how the LIBOR rate had dropped significantly yesterday. LIBOR stands for London Inter Bank Offering Rate. Many people have no idea what influence LIBOR has on our economy and the loans we have. LIBOR has an immense impact [...]

• Be the first to comment...