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May sales indicate the US housing market is blazing a trail to the best start in the past six years according to the National Association of REALTORS® (NAR). With their monthly existing home sales reports analyzed we can see that “existing” homes sold climbed to 5.18 million for May of this year. With more homes… Read more »
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Author: Anthony Bird
My name is Anthony Bird, an owner of Riverbank Finance, a Grand Rapids Mortgage Company, based here in Michigan. I am a graduate from Grand Valley State University majoring in both Business Management and Marketing. I have been a mortgage professional in Michigan for 6 Years with experience as a retail bank loan officer as well as for private mortgage companies.
Riverbank Finance is a local mortgage company that values community and the West Michigan Area. We hire only licensed loan officers that can custom tailor loans for our client's needs.
If you have any real estate or mortgage questions, call me at 616-365-5792 or email me at info@riverbankfinance.com and I will do whatever it takes to help. Learn more about me on my Google Profile: About Anthony Bird. I look forward to hearing from you soon!
Affect on Mortgage Rates from Bernanke Announcement
Federal Reserve chairman Ben Bernanke announced today that they may be easing the quantitative easing programs as early as this year. This program includes the purchases of mortgage backed securities (MBS) which are the packaged residential mortgages sold by banks and mortgage companies. The slowing of these purchases would take affect if the unemployment rates… Read more »
What to do After You Get a Low Appraisal on Your Home
Mortgage Basics 101: What Is A Home Appraisal? According to the Appraisal Institute an appraisal is a professional appraisers opinion of value. In today’s mortgage and lending environment a home owner or buyer cannot get through the mortgage process without getting one of these valuable reports unless the homeowner utilizes one of the few specialized refinance… Read more »
DID YOUR CHECK FROM THE MORTGAGE SETTLEMENT BOUNCE?
Mortgage Settlement Checks Bouncing That’s right ladies and gentlemen money could be on the way. This time the money will come from the Federal Reserve. There is an unprecedented amount of money up to the tune of $3.5 billion which will be sent out by the banks to designated homeowners. Up to 4 million homeowners… Read more »
WHAT IF THE SKY REALLY IS FALLING? AM I COVERED IF A METEOR HITS MY HOUSE?
When you think about the chances of having a meteor hit your home the odds are quite slim but what if you were having an inordinately unlucky date and you come home from work to find your home laying as a pile of wood and brick because a meteorite hits your home. Would your insurance… Read more »
HARP Refinancing Reduces Monthly Payments
Refinancing volumes remain high for the Home Affordable Refinance Program (HARP). With media spreading the word to homeowners that are paying high rates, many homeowners are benefiting from the HARP 2.0 program updates. HARP 2.0 Home Affordable Refinancing The Home Affordable Refinance Program (HARP) was announced by the Obama administration near the end of 2009 as way… Read more »
How to get a Low Rate Mortgage: April Mortgage Rates
April Showers Low Mortgage Rates Another month has passed by as we enter the month of April. For those buying a home or in the process of refinancing their mortgage you may be wondering what is in store for mortgage rates in April. While quantitative easing continues with the Fed purchasing 85 billion dollars in… Read more »
FHFA EXTENDS HARP REFINANCING THROUGH 2015
The Home Affordable Refinance Program (HARP) has been extended again and will no longer expire on the original date of December 31 of 2012. Federal Housing Finance Agency (FHFA) has announced the extension of the program designed for homeowners that have been unable to refinance due to their underwater mortgages. The extension was announced to continue the… Read more »
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