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Grand Rapids, Michigan is a city with a metro area of over a million people and is one of the most desired places to relocate in the world. The city is known as a great place for jobs, education, diversity, safety, and fun. The economy in the region is constantly growing and the real estate… Read more »
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Category: Buying a Home
The Government Shutdown and Home Loans for Homebuyers
Buying a home can have many challenges from critical underwriters to conservative appraisers however, on the long list of things that can go wrong with a home loan you would not expect a government shutdown to be a factor. As of 12:00 AM today on October 1st, 2013 the Federal government has now shut down… Read more »
10 Reasons to Buy a House while still in College
There are many reasons why buying a house while still in college can be beneficial. Leaving the nest of your parent’s home and finding your own place to live during college can be a lot of work. Most college housing is overpriced and hard to get into so why not review your options and buy… Read more »
TOP VA LOAN QUESTIONS FOR U.S. HOMEOWNERS
After serving your country you may be entitle to many benefits including the VA home for a new home purchase, refinance or even a Cash-Out Refinance. What is a VA home loan? According to http://www.benefits.va.gov/homeloans/, “VA helps Service members, Veterans, and eligible surviving spouses become homeowners. As part of our mission to serve you, we… Read more »
The Housing Market is on Fire with Half of homes Selling in a Month!
Home Sales are Fast and Furious in the calendar month of June, homes sales totaled more than 5 million, According to the National Association of REALTORS® on a seasonally-adjusted, annualized basis and shows no signs of slowing. More than half of homes that were listed through the MLS system were sold within 30 days or roughly… Read more »
WHERE ARE ALL OF THE FIRST TIME HOME BUYERS?
What’s going on with the first time homebuyer? It is hard to decipher the recent housing number reports as all of the first time home buyer seem to be disappearing. Because of recent market changes the May housing report is at it’s highest numbers since May 2006. Bloomberg, also reported that mortgage applications have sunk… Read more »
BUYING A HOME IN A SELLERS MARKET | MAY HOME SALES
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 »
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 »
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