Financing in Nassau County : Blogs

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David G., Home Buyer in El G.H.E.K.O., Tucson,...
Breder Suasso, the leading New Zealand FSP moves into the U.S real estate market and provides loans for development companies on the east coast.The first two units in a Williamsburg townhouse development… Read more
Blogged Wed May 28, 2014 by David G. General Area Financing In My Neighborhood
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William Bodo…, Real Estate Pro in 11050
Real Estate in Port Washington, NY 11050 Unique Opportunity for a One or Two Family Home in Port Washington, NY 11050 Home Buyers: This Traditional Colonial 2 Family Home is on a 50’ x 125’ oversized… Read more
Blogged Thu Apr 24, 2014 by William Bodouva, Jr. ABR* Schools Home Buying Financing
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Manu Kapoor, Real Estate Pro in Queens, NY
Falling Mortgage Rates Primary Mortgage Market Survey for the week ending March 6, showing the 30-year fixed-rate mortgage (FRM) falling 9 basis points to an average rate of 4.28 % (0.7 point). The 30-year… Read more
Blogged Sat Mar 8, 2014 by Manu Kapoor Home Buying Home Selling Financing
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Manu Kapoor, Real Estate Pro in Queens, NY
 Wells Fargo May Loosen Credit Requirements According to a report by Reuters, Wells Fargo is looking to re-enter the subprime mortgage market by lowering its standards of acceptable credit scores for… Read more
Blogged Tue Feb 18, 2014 by Manu Kapoor Home Buying Financing Credit Score
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Manu Kapoor, Real Estate Pro in Queens, NY
 Incentives to Purchase REO Properties Fannie Mae announced Thursday that homebuyers can now receive up to 3.5 % in closing cost assistance. The help is available within the FirstLook period of Fannie… Read more
Blogged Tue Feb 18, 2014 by Manu Kapoor Home Buying Financing Foreclosure
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Manu Kapoor, Real Estate Pro in Queens, NY
BOA slashes more mortgage jobs Bank of America has slashed still more mortgage jobs, according to a St. Louis Post-Dispatch report.  The lender laid off about 280 mortgage employees in the St. Louis area… Read more
Blogged Sun Feb 16, 2014 by Manu Kapoor Financing Foreclosure In My Neighborhood
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Manu Kapoor, Real Estate Pro in Queens, NY
Apartment REITs Begin to Sell Assets Buying apartment properties in core markets is no longer enough for multifamily REITs. These companies are expected to slow their acquisitions of individual properties… Read more
Blogged Sun Feb 16, 2014 by Manu Kapoor Market Conditions Financing Investment Properties
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Manu Kapoor, Real Estate Pro in Queens, NY
Regulator Voices Worries on Growth of Non-Bank Servicers The New York regulator who put a hold on Ocwen’s latest mortgage servicing rights (MSR) deal with Wells Fargo expressed on as his concerns about… Read more
Blogged Sun Feb 16, 2014 by Manu Kapoor Home Buying Financing Foreclosure
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Manu Kapoor, Real Estate Pro in Queens, NY
Originations are at the lowest rate since 2008 “New account originations have declined significantly in recent quarters. This is primarily related to recent spikes in interest rates, particularly in… Read more
Blogged Fri Feb 14, 2014 by Manu Kapoor Home Buying Financing Investment Properties
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Manu Kapoor, Real Estate Pro in Queens, NY
Hybrid ARMs More Popular Than Those with a Fixed Re-pricing Schedule Hybrid adjustable-rate mortgage products are more popular with both lenders and consumers than those loans which re-price on a fixed… Read more
Blogged Wed Jan 29, 2014 by Manu Kapoor Home Buying Financing Investment Properties
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Manu Kapoor, Real Estate Pro in Queens, NY
EverBank Reports Strong Growth in Jumbo Originations EverBank Financial Corp. steadily increased its originations of residential jumbo loans during 2013 and doubled its originations of commercial real… Read more
Blogged Wed Jan 29, 2014 by Manu Kapoor Home Buying Financing Investment Properties
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Manu Kapoor, Real Estate Pro in Queens, NY
Jumbo Mortgages Are Coming Back As the real estate market recovers, high cost metropolitan areas have seen a ramp up in home buying activity which drives jumbo lending volume, says Ghazale Johnston, a… Read more
Blogged Fri Jan 24, 2014 by Manu Kapoor Home Buying Home Selling Financing
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Laura Carroll, Real Estate Pro in Garden City, NY
Today the Fed announced it would begin to wind down QE3, directly affecting those looking to buy or sell a home within the next 3 to 6 months. Tapering of Quantitative Easing could increase the cost of… Read more
Blogged Wed Dec 18, 2013 by Laura Carroll Home Buying Home Selling Financing
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Kevin Seinfe…, Real Estate Pro in Garden City, NY
Imagine paying over 18% interest on a 30-year fixed mortgage. It’s almost unthinkable. But that was the reality for home buyers in October 1981; a year when the average rate was almost 17%.Unlike… Read more
Blogged Wed Nov 20, 2013 by Kevin Seinfeld Market Conditions Home Buying Financing
Valerie Midd…, Real Estate Pro in 11722
Effective Jan 1, 2014, the new provision of the Dodd-Frank Wall Street Reform and Consumer Protection Act sets in "The Qualified Residential Mortgage Requirements (QRM)".  In summary, it covers Buyer's… Read more
Blogged Fri Oct 18, 2013 by Valerie Middleton, SFR Home Buying Home Selling Financing
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Jill Sackler, Real Estate Pro in Merrick, NY
With short sales or foreclosures, it is common for the remark section of a listing to read "cash only or 203k rehab loan accepted." In this distressed instance, the loan is for a property… Read more
Blogged Sun Aug 18, 2013 by Jill Sackler Home Buying Financing Investment Properties
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Cristina Cal…, Real Estate Pro in 11590
Down-Payment Got You Down?For many Americans, "coming up" with a down-payment for their first home purchase can be a major roadblock -- and quite often the reason for renting, rather than owning, a home.… Read more
Blogged Sat Aug 3, 2013 by Cristina Callegari Home Buying Financing
Trevor Curran, Real Estate Pro in Bronx, NY
Details, details, details!  The Devil is indeed in the details!  Those folks who do business with me appreciate the time I take to investigate the DETAILS of a prospective client's prequalifications.… Read more
Blogged Fri Jul 26, 2013 by Trevor Curran Market Conditions Home Buying Financing
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Trevor Curran, Real Estate Pro in Bronx, NY
When Buyers make an Offer to purchase a home, there are two key components to the Offer: Price and Terms.  In a competitive market, Terms can sometimes work against a Buyer.Terms outlines the requirements… Read more
Blogged Fri Jul 26, 2013 by Trevor Curran Market Conditions Home Buying Financing
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Trevor Curran, Real Estate Pro in Bronx, NY
It's not uncommon for many Homebuyers to worry about the process; I've been there, that's why I got started as a Mortgage Banker 23 years ago! I sense the anxiety with many of my First Time Buyer clients… Read more
Blogged Wed Jul 17, 2013 by Trevor Curran Using Trulia Home Buying Financing
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