Mortgage Information

September 6, 2020

Looking at Mortgage Interest Rates…1980’s to Right Now!

I have been selling real estate since 1971, and yes, I have experienced the Good, the Bad and the Ugly of changes in Mortgage Interest Rates […]
August 31, 2020

NC 1st Home Advantage Mortgage

NC 1st Home Buyer Down Payment Assistance If you are a first-time home buyer or military veteran and qualify for an NC Home Advantage Mortgage, you may […]
August 19, 2020

Historical Mortgage Interest Rate Charts

I have been Listing and Selling Real Estate since 1971, spanning 6 Decades now! Never once did I think a 30 Year Fixed Rate Mortgage would […]
August 13, 2020

Fannie and Freddie fee could push homeowners off the fence

With everything that has occurred since Mid March of this year…. This is beyond my comprehension! Fannie Mae and Freddie Mac are imposing a 50 basis […]
January 21, 2020

Down Payments and Buying a Home

Do You know What Down Payment Requirements Are in Buying a Home?   62% of Buyers Are Wrong About Down Payment Needs According to the ‘2019 […]
January 21, 2020

Mortgage Basics … Understanding Mortgage Loans

Whether looking to buy a home in Wilmington or Leland, in New Hanover or Brunswick Counties or any other area or County in North Carolina, a […]
March 1, 2012

HUD Announces Policy Changes for FHA Mortgage Loans

February 27, 2012 HUD No. 12-037 WASHINGTON – “As part of ongoing efforts to encourage the return of private capital in the residential mortgage market and […]
July 24, 2011

Qualified Residential Mortgage: The Proposed 20% Down Payment Rule

Qualified Residential Mortgage Are you aware that there is a move in Washington which could require a minimum down payment of 20% on the purchase of […]
May 21, 2011

The Impact of Mortgage Interest Rates!

Should Buyers Pay More Attention to Mortgage Interest Rates or Timing the Home Purchase When Home Market Values Hit Bottom? The Dilemma: Buy Now or Wait? Home buyers […]