Category Archives: Mortgage
HUD Extends Unemployed Mortgage Relief Program
Daily Real Estate News | Tuesday, August 30, 2011 The Department of Housing and Urban Development has once again extended its deadline for a program that provides up to $50,000 in interest-free loans to unemployed or medically ill home … Continue reading
Coeur d’Alene, Idaho Market News: Reduced Kootenai County FHA Loan limits?
FHA Loan limits for Kootenai County may be reduced from $280,250 to $271,050 after September 30th. NOW is the time for you to lock in your loan at the higher values and at historic low interest rates! Let us help … Continue reading
What do you think: Require 20% Down?
Friends, We pass this along to you in an effort to keep you informed. This article was forwarded to us this week from various sources, especially the Realtor Action Center. We’d love to hear from you. Comments are open for … Continue reading
Should I Buy or just Rent? A Cost/Benefit Analysis
You might be surprised to find that a careful Cost/Benefit Analysis still favors BUYING, despite increasing interest rates. Here’s one scenario: What Does Opportunity Cost Mean? Here is a great explanation we found at www.investopedia.com: 1. The cost of an alternative … Continue reading
What is the True Cost of the Interest Rate Increase?
Dear Friends, It’s probably no surprise that rising interest rates have a significant impact on your pocket book. But how much of an impact? The True Cost may shock you! Consider this: The average stay in a home is 5 to … Continue reading
4 big money mistakes of first-time homebuyers
First-time homebuyers almost always make a few mistakes when buying their home. Perhaps they pay too much, choose the wrong type of mortgage or neglect to budget for needed home improvements. Working with a trustworthy, experienced lender can help prevent … Continue reading
Mortgage Interest Deduction: WE SUPPORT IT!
Mortgage Interest Deduction? OF COURSE! We’re with Lawrence Yun, of the National Association of Realtors: It’s a common misperception that the mortgage interest deduction benefits primarily the wealthy, as argued in the Washington Post’s January 1 editorial, “Trim the Excessive … Continue reading

