Agent Page
My Posts/Listings
Why is the APR so much higher than the rate?
Everyday I sit down with clients and I review the paperwork with them. I always get asked the same question. So today I thought I would unpack APR…What is APR…and answer the question.Why is the APR so much higher than the rate? The APR is a mathematical calculation of the cost of financing . . . basically, the interest, the prepaid charges, the mortgage insurance, etc. . . . all the things... [Read more]
Still time in 2009
Welcome to November …This year has just flown by. Remember back in January you said 2009 is the year I am going to pay off debt, or perhaps buy that new home. Well there is still time…..Let’s talk about the paying off debt. With rates low it’s a good time to think about using the equity in your home to pay off your debts. With high credit card interest, or if your car payment seems like... [Read more]
More than leaves are falling…
Its fall..the air is brisk…the hot weather is gone, the leaves are changing and falling…..But leaves aren’t the only thing falling. Are mortgage rates going up? Are mortgage rates going down? A recent The Bankrate.com survey for conforming mortgages only Here’s the group’s 30-day prediction for mortgage rates: 38% predict mortgage rates will increase 24% predict mortgage... [Read more]
Is it a good idea to modify your loan rather than refinance ?
With all the talk lately about Loan Mods or Modifications..I thought I would discuss this topic today. Is it a good idea to modify your loan rather than refinance to cut down the closing cost? Especially if your are trying to reduce interest and lesson years to pay…. Loan modifications are, and were never meant to be an alternative solution to refinancing. Loan modifications are available to... [Read more]
Improving your FICO® credit score
So you’ve had a few problems getting the bills paid lately, and you’re wondering what you can do to repair the damage. You’ve got plenty of company. There are more than 30 million people in the United States with credit blemishes severe enough (and credit scores under 620) to make obtaining loans and credit cards with reasonable terms difficult. Or maybe your credit is OK, but you’d... [Read more]
