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From REALTOR MAG Daily Real Estate News | November 26, 2010
New Lending Guidelines Benefit Young Borrowers
Under Fannie Mae's new lending guidelines, which will take effect Dec. 13, securing a mortgage will become easier for some borrowers and more difficult for others.
These new rules will allow ...
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Oberlin: Reminder from Santa’s Elves Santa’s elves want you to know on Friday, November 26th at 6:30pm Santa will be on the corner of East College & Main, right in front of the Oberlin Inn.Come early to shop the locally owned Oberlin stores such as the five and dime Ben Franklin’s. ...
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BIG Change for FHA Buyers The following is the change that will take place on and after Sept. 7th1.) Upfront MI to be decreased from 2.25% to 1.25%2.) Annual MI to increase as follows; (Keep in mind the present annual MI premium is .55% ...
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30-year fixed-rate mortgages hit a new record low
The weekly mortgage rate reports released Thursday indicate 30-year fixed-rate mortgages hit a new record low.Examples of monthly payments:Assuming 20% down and 30 Year mortgage at 4.375% interest rate (APR 4.551%) as provided by Russell’s preferred lender American Midwest ...
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Jan 2010 - Real Estate Market Reports for Westlake, North Olmsted, Elyria, Fairview, Bay Village, Grafton, Avon, Wellington, Lorain & Cuyahoga Co. according to data gathered from NEOHREX(Northeast OhioReal Estate Exchange):
Westlake: Jan 2009 Sold 12 ...
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FHA Changes for HomebuyersFHA Changes . .Effective date April 5, 2010 – . . .Waiting a few extra days or weeks to purchase a home this spring couldcost buyers thousands of extra dollars as the Office of Housing and UrbanDevelopment (HUD) implements several changes for loans guaranteed bythe Federal Housing Authority (FHA). Coming just weeks ...
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Buyers need to know - FHA announced changes:
1. Up front mortgage insurance to go up from 1.75% to 2.25%
2. Raise credit score requirement
3. Max seller concessions to be decreased from 6% to ...
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What a difference the past decade has made in real estate marketing!
10 years ago the top methods of marketing a house were ‘for sale’ signs planted in the front yard, newspaper ads and open houses. Hardly anyone thought about viewing homes on the internet.
Today, almost all buyers begin their home search online where they find ...
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May 2010 bring you:
Troubles that last only seconds
Giggles that last minutes
Chuckles that last hours
Laughs that last days
Smiles that last weeks
Happiness that last months
Friendships that lasts years
But most of all
LOVE that lasts a lifetime!
Happy New Year!
<a href="http://www.jacquielawson.com" ...
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Lets Say Thanks.Xerox is doing it again this year. Good for them! This is a great idea and so easy! If you go to this web site, www.LetsSayThanks.com you can pick out a thank you card and Xerox will print it and it will be sent to a soldier that is currently serving in Iraq. You ...
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