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New Short Sale Guidelines

Homeowners with underwater mortgages should experience easier short sales with new federal guidelines that go into effect Nov. 1, 2012. The rules, announced Tuesday, no longer require homeowners with an eligible hardship

How Buyers Get the Best Interest Rates (3 of 3)

With the credit market being so tight, credit score has become the most important key driver of interest rate. The difference between a great credit score and an average credit score could be a

How Buyers Get the Best Interest Rates (2 of 3)

The next factor is Down Payment.  An individual having a larger down payment will get a better interest rate.  In mortgage language it’s called Loan to Value (LTV).  LTV expresses the loan size

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