Tag: michigan mortgage refinance

How to Refinance a Home Loan

Want to save money on your mortgage? Refinancing might be the best way to take advantage of the historically low rates. Depending on your goal, make make great financial sense to refinance your mortgage. Here’s what you need to know to make the best decision. Benefits of Refinancing your Home Loan Before you refinance your… Read more »

Foreclosures on the Rise

“Up, down and around we go. Where we stop, nobody knows!” Those are the exact thoughts so many American homeowners are experiencing right now. We are given reports and surveys from national agencies stating there is “hope on the horizon” for the housing market but yet what the latest report states would contradict that there… Read more »

FHA Streamline Refinance Saves Homeowners Money

The FHA Streamline Refinance (Federal Housing Administration) program has been saving homeowners money on their mortgage payments for years allowing them to reduce their rate without appraisal however the new update will help to save even more. There are plenty of homeowners out there that could tell you exactly how much they were able to save. Well… Read more »

FHA Streamline Refinance Changes

I’m sure I don’t really need to go over the drastic changes our housing market has witnessed over the past few years so I’ll just limit this blog to the ever expanding hope on the horizon for homeowners. At least for those of you who have found yourselves in quite a sticky situation in regards… Read more »

2012 Grand Rapids Mortgage Rates

Everyone has been affected in some way by the big hit the housing market recently took. There are still plenty of foreclosures out there along with people spending money on mortgages they can’t afford to spend. Luckily, Grand Rapids Mortgage Rates are one of our specialties. We here at Riverbank Finance love to help out… Read more »

Changes Coming to FHA Premiums

You know those nasty premiums that come along with mortgage loans?  Those ones that everyone hates to deal with.  Yeah, well I think you’re about to hate FHA (Federal Housing Administration) premiums even more.  FHA Acting Commissioner, Carol Galante, made an announcement regarding their current premium points.  It appears the “basis” points” will soon be… Read more »

Mackinac Island Property

One of the most beautiful places I have ever visited would be Mackinac Island.  While visiting the island for the first time in the summer of 2011, I was taken back by how amazing everything was.  In my mind, I had expected an island entirely tailored towards tourists.  That couldn’t have been further from the… Read more »

Michigan Home Prices Lowest in 10 Years

Our mitten state of Michigan has unfortunately been one of the hardest places hit when it comes to real estate woes.  Over the past decade, countless Michigan homeowners have lost their homes to foreclosure.  While many others face the reality that the value of their home has been drastically reduced.  This is a double-sided event… Read more »