at M. C. Real Estate we offer property management and rentals, but that inventory is limited. Think about contacting one of our M. C. Realtors to get started on the process of getting approved to purchase a home. We work with many local lenders that are well qualified to assist buyers in getting approved for a home loan that offers a monthly payment that is often the same or less than what they would expect to pay in rent! Check out the national statistics:
Squeeze on Renters
Local Real Estate Blogging
Wednesday, June 17, 2015
Friday, May 22, 2015
Bookmark our Website....visit often!
Have you visited our website lately? If you are thinking of buying, selling or renting it makes sense to talk to a local company vested in their communities!
M. C. Real Estate
Wednesday, May 6, 2015
Changes coming this summer to FHA loan program
Today's buyers must listen to their loan officer and realize everything they do financially will be considered when qualifying for a home mortgage. The programs continually implement new requirements to be met.
Changes coming this summer to FHA loan program
Changes coming this summer to FHA loan program
Thursday, April 2, 2015
Friday, March 27, 2015
Monday, March 23, 2015
Monday, March 9, 2015
Thursday, January 22, 2015
Mortgage Rates Still Dropping, Hit New Lows
Mortgage Rates | Jan 22, 2015 | By: Rachel Stults
AlexRaths/iStock/Thinkstock
Fixed mortgage rates inched down again for the fourth consecutive week, bringing them to new lows in early 2015.
Averaging 3.63%, the 30-year fixed-rate mortgage is at its lowest level since the week ending May 23, 2013, according to the latest survey from mortgage buyer Freddie Mac.
Last week at this time, the 30-year fixed-rate mortgage averaged 3.66%. A year ago, it was trending at 4.39%.
“I don’t think there will be much upward pressure on rates next week and doubt they will drop much lower than where they are at now,” said Polyana da Costa, senior mortgage reporter at Bankrate.com, which surveys experts in the mortgage industry to see if they believe mortgage rates will rise, fall, or remain relatively unchanged.
The low rates have led to a surge in mortgage applications recently. Mortgage application volume jumped 14.2% over the last week, according to the Mortgage Bankers Association (MBA). Total volume is now 41% higher than it was one year ago, and it’s driven entirely by refinances, the MBA says.
Applications to refinance increased by 22% week-over-week––up 63% from a year ago.
The average rate on a 15-year fixed mortgage also registered a drop, to 2.93% from 2.98% last week. A year ago, it averaged 3.44%, according to Freddie Mac.
Averages for the two most popular hybrid adjustable-rate mortgages were mixed. The five-year ARM dropped from 2.90% to 2.83% week-over-week. The one-year ARM held steady at 2.37%.
In the latest Mortgage Rate Trend Index, 59% of the panelists polled think rates will remain relatively unchanged, while 33% predict rates will decrease.
“Due to the lack of big economic news this week and the fact that last Friday (Jan. 16) saw a jump in mortgage rates, I expect the market to correct itself,” said Shashank Shekhar, CEO of Arcus Lending in San Jose, CA. “The rates will mostly remain flat but should go down by a small margin.”
Friday, January 16, 2015
Get Organized in 2015!
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Garage Organization Ideas for Under $50
If clutter trumps cars in your garage, get organized (and make room for your vehicles) with these smart garage storage solutions, each costing less than $50. Read
Visit houselogic.com for more articles like this.
Copyright 2015 NATIONAL ASSOCIATION OF REALTORS®
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