As a Mortgage Planner with C&F Mortgage Corporation, I am a member of a strong team of professionals with over 15 years of mortgage origination experience. We are a subdivision of Citizen’s and Farmer’s Bank, a publicly traded Virginia company, meeting the borrowing and deposit needs of our customers for 80 years.
The goal at C&F is the same as mine has always been, to keep the focus on our clients by giving them the highest level of service and satisfaction. At C&F we handle all our clients’ needs under one umbrella including processing, underwriting, and closing to ensure that our customers’ loans are handled promptly and securely. We can provide real estate financing in VA, NC, SC, GA, FL, PA, and WV. Feel free to email me at tcoppa@cfmortgagecorp.com.
Tony Coppa,
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Tony Coppa, Mortgage Planner answered:
Hi Ray! I can tell you that there are 100% programs available depending on your situation. Answering a few questions will allow us to determine if you qualify for any of them. Feel free to email me at tcoppa@cfmortgagecorp.com for more information. - Sat Feb 23 2008, 09:05
Tony Coppa, Mortgage Planner answered:
Bonds are being pressured already today and althought there are no big economic reports, the crucial Consumer Price Index is due tomorrow at 8:30am. While a tame read on inflation per this report would likely move bonds higher (and rates lower) an ugly report on inflation would quickly force bond prices down and rates would go higher. Watch the financial news in the morning and be prepared to lock if the CPI report contains inflationary language. - Tue Feb 19 2008, 09:29
Tony Coppa, Mortgage Planner answered:
JT - Julie is right there is no magic bell. Most people buy, not at the very bottom, but soon after that as rates begin to rise, waiting to see if things get better and then going "Oh my I might miss it!." Mortgage rates are at historic lows right now and whether you bought yesterday or a month ago, they have been within a very small range. Remember that the particular rate that you might qualify for depends on many personal factors including your credit score, your monthly debt service, and cash reserves among others. As a Mortgage Planner it is my job to watch the markets and advise my clients on timing their rate locks. Bottom line, JT, is this is an excellent buyer's market and with the expert advice of an experienced Realtor and Mortgage Planner you should take the plunge before actions by the Fed and Congress "correct" the current climate. - Tue Feb 5 2008, 11:41