Jan
11
2012
“How much money can I get to buy a home?” It’s a common question that often leads off a buyer’s conversation with me. What they’re really trying to learn is, “In what price range should I be shopping?” The answer to this question provides a target for the buyer to do their search, and …
Permanent link to this article: http://www.deanhayes.com/2012/01/11/how-much-can-i-afford-when-interest-rates-rise/
Aug
16
2011
You can refinance even if you owe more than your home is worth. And this is a point that many homeowners don’t realize. While mortgage rates drop to their lowest levels in 40 years, many people think they won’t qualify because their home is “underwater” – they owe more than their home is worth. This …
Permanent link to this article: http://www.deanhayes.com/2011/08/16/mortgage-rates-drop-to-lowest-levels/
Aug
09
2011
It happens every year. The day before I start my summer vacation, something dramatic happens in the mortgage market. This year, we are seeing mortgage rates falling dramatically. Today, the mortgage backed securities (MBS) market closed up 131 basis points – the largest single day gains I’ve ever seen. (Remember, that an increase in MBS …
Permanent link to this article: http://www.deanhayes.com/2011/08/09/mortgage-rates-falling/
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