Columbus Mortgage Market: Better than up!

July 14, 2010 by Steve Wagner · Leave a Comment 

The market is against us this morning but FHA fell anyway. What’s up with that? Go out there and sell something today. MORTGAGE TIP OF THE DAY: A condo complex may be FHA approved but if the saturation is more than 50% of FHA loan, FHA will not do the loan. Spot approvals of Condo’s [...]

Columbus Mortgage Rates: Yawn!

June 30, 2010 by Steve Wagner · Leave a Comment 

Everything is holding steady for the rates of this week. Still lots of uncertainly in the European Markets forcing money to the US in mortgage backed securities. How weird is this? Go out there and sell something today. MORTGAGE TIP OF THE DAY: Freddie and Fannie are now requiring we not only verify that a [...]

Columbus Mortgage Rates: I needed this on a Monday morning!!

June 28, 2010 by admin · Leave a Comment 

All the markets are going in our direction this morning. Rates drifted back down. Go out there and sell something today. MORTGAGE TIP OF THE DAY: FHA has made it extremely dangerous for any lender to do spot approvals on FHA condo complexes. The penalties are staggering to a lender if a mistake is made. [...]

Columbus Mortgage Rates: ..yawn!

May 27, 2010 by Steve Wagner · Leave a Comment 

Thing are easing of in Europe with our markets going against us but not enough to make our rates trip upward. Crude Oil is up this morning, too. MORTGAGE TIP OF THE DAY: A condo complex may be FHA approved but because there is more than a 50% concentration of FHA loans in that complex, [...]

Columbus Mortgage Rates: ..amazing!

May 17, 2010 by Steve Wagner · Leave a Comment 

Who would have guessed this mess in Europe with those 5 countries spending their brains out would be helping us like this? Money is flowing from European markets into the mortgage backed securities forcing our rates down. MORTGAGE TIP OF THE DAY: PMI will not issue insurance with less than 20% down on a condo [...]

Columbus Mortgage Market: What a bizarre (good) week!!

May 14, 2010 by Steve Wagner · Leave a Comment 

This is bizarre but people are selling their Euro’s and putting them in US mortgage backed securities. That is forcing mortgage rates down. Crude Oil is also down, the dollar is up. What a weird situation. MORTGAGE TIP OF THE DAY: If you get a listing on a condo and you are trying to determine [...]

Columbus Mortgage Rates: 8-)…Yippy Skippy!!!! How long will this last?

April 19, 2010 by admin · Leave a Comment 

Friends: We aren’t quite getting this one today, rates came down and we don’t have a good reason why. Crude is also down little less than $2.00 a barrel. Thanks!!! Steve MORTGAGE TIP OF THE DAY: The question keeps coming up as to whether a condo complex is conforming to Fannie and Freddie’s Guidelines or [...]

5431 Worthington Forest Pl, Columbus, OH 43229

April 16, 2010 by sueluskgleich · Leave a Comment 

Bring your Best offer of this Fixer-Upper unit in the Worthington Forest Condominium Complex. The roof was replaced in 2008. Condo fees include the following: gas, water, trash removal, swimming pool, exterior building and ground maintenance along with insurance. Being Sold As-Is! Easy

Columbus Mortgage Market: 8-O…Yawn

April 16, 2010 by Steve Wagner · Leave a Comment 

Friends: Unfortunately, the market again is NOT in our favor including crude oil. Just got a text from Meijer their gasoline prices are going up this afternoon. Thanks!!! Steve MORTGAGE TIP OF THE DAY: The question keeps coming up as to whether a condo complex is conforming to Fannie and Freddie’s Guidelines or not. I’ll [...]

Columbus Mortgage Rates: 8-0….Yawn!!!!

April 15, 2010 by Steve Wagner · Leave a Comment 

Friends: Unfortunately, the market again is NOT in our favor including crude oil. Just got a text from Meijer their gasoline prices are going up this afternoon. Thanks!!! Steve MORTGAGE TIP OF THE DAY: The question keeps coming up as to whether a condo complex is conforming to Fannie and Freddie’s Guidelines or not. I’ll [...]

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