Author Archives: ktatum
FHA HUD county loan limits have been updated for 2011. Looks like no change for Morris and surrounding counties. Here’s a snapshot of what our immediate area looks like.Hunterdon, Middlesex, Morris, Sussex: $729,750 Warren County: $402,500 So yes, you can … Continue reading
As I’ve always said about rates… a bird in the hand is worth two in the bush. Refinance now if you can especially now since rates really have nowhere to go but up… We hit the floor a couple weeks … Continue reading
Rates are still phenomenally low but have ticked up slightly over the last 2 weeks. “They” said when rates start moving up that would be a result of a strengthening economy. That would be great news but I don’t think … Continue reading
Big Fed meeting TODAY. Comments to come out at 2:15 PM. Could move rates (direction unknown)… Keep a watchful eye if you’re in the market for a mortgage and stay in touch with me for up to the minutes quotes.
You would have thought one of them would have ducked! (it’s a joke) The consensus among the group I spoke to this evening is that there really is no better time to buy a home or refinance a house with … Continue reading
Senate Committee approves 8k credit plus some other additions and passes it on for votes in Senate and the House. The new compromise would include a $6500 credit for buyers who aren’t first time buyers.
The US Senate Finance Commitee has already extended the 8k credit to the much deserved military personnel for one year until Nov. 30th 2010. Will this week’s meetings lead to an extension for the rest? Stay tuned.