Bruce Garlitz stopped by our office this week with some excellent information about financing your Sarasota real estate purchase. Bruce is a home loan consultant with Countrywide Home Loans and is a top producing mortgage professional.
Buying a home can seem overwhelming to buyers so financing a Sarasota homes can be even more overwhelming. Lending guidelines have changed considerably in 2009 so Bruce steps in to keep our customers informed. Countrywide offers a variety of products and services that may be able to make your home buying process a reality.
FHA Home Loans
FHA's flexible qualifying guidelines could be the answer for you if you've been hit by the economy, an illness or the stock market. FHA's low down payment requirements may
The rates for a 30 year mortgage dropped to the lowest level in 37 years. The FED is promising to pump money into the mortgage market to help get the housing market moving.
Freddie Mac reported on Thursday that the average rate on 30 year fixed mortgage was down to 5.19%. The rates are the lowest since reporting began back in 1971. The average 15 year fixed mortgage rate is down to 4.92%. Lower rates have translated into a jump in mortgage applications.
Buyers with good credit and liquid assets have incredible opportunities in the real estate market right now. Not only can they borrow money at historically low rates, but they can also buy at a discount as well. Today there are many short sales, distress sales and forclosures available in the real
We just got back from the National Association of Realtors Conference and Expo in Orlando Florida. The Event was titled Destination: Success. Thousands of Realtors from around the country came to hear the best real estate trainers and coaches in the industry.
The Expo hall also had booths of hundred of companies involved in real estate. We had the opportunity to visit with representatives of companies like Trulia, Zillow, Google, Yahoo, Lowe, Wells Fargo, and many, many more.
Friday morning we had the opportunity to hear Lawrence Yun, the Chief Economist for the NAR. Mr. Yun gave some very interesting insights into the current real estate market. He also went into great detail about the federal bailout plan.
