Columbus Mortgage Rates Update

August 24, 2011 by Steve Wagner · Leave a Comment 

Generally, the markets are all rebounding from last week’s bad economic news where the S&P lowered the U.S.’s credit rating. That sent rates down to a historic level. The general mood is everyone is recovering from that news and rates are slowly drifting back up. The Bond Money decrease is a slow reaction to the [...]

Columbus Mortgage Rates Update

May 24, 2011 by Steve Wagner · Leave a Comment 

The market is against us this morning and Crude Oil again is approaching $100 a barrel. Happy Tuesday!!! MORTGAGE TIP OF THE DAY: FHA has MIP insurance that covers the LENDER against loss through foreclosure. They have an upfront fee of 1% of the loan amount and a 1.15% fee in the payment for a [...]

HUD Home Q-and-A

April 26, 2011 by admin · Leave a Comment 

The Columbus Team answers all your questions about purchasing a HUD home. Question: What is HUD and what is a “HUD Home”? Answer: HUD stands for the US Department of Housing and Urban Development. A “HUD home” is a home owned by HUD. When a homeowner with a HUD insured mortgage defaults on the payments, [...]

Columbus Mortgage Market: Yippy Skippy!

December 17, 2010 by Steve Wagner · Leave a Comment 

This roller coaster continues to go. The good part yesterday afternoon and this morning rates started to take a dive down. It is very difficult to guess what will happen day by day, hour by hour. Yesterday afternoon we had FOUR downward rate changes. THINK ABOUT THIS!!! When two egotists meet, it’s an I for [...]

Columbus Mortgage Rates: Pick your villian!

December 16, 2010 by Steve Wagner · Leave a Comment 

With rates increasing over 1% over the past month, the big question is WHY? It appears the big boys with the money are feeling more confident that the bad times are coming to an end and they feel more confident about investing in the economy. As you know, bad economic news makes mortgage rates go [...]

Columbus Mortgage Market: Weather and rates!

December 13, 2010 by Steve Wagner · Leave a Comment 

The market’s still in turmoil from last week’s tax extension issue. The market can’t decide if it’s good for the economy or bad for the economy. It’s a little bit of both. THINK ABOUT THIS!!! Dancing cheek-to-cheek is really a form of floor play. MORTGAGE TIP OF THE DAY: Do you have a customer who [...]

Columbus Mortgage Rates: This makes no sense!

December 10, 2010 by Steve Wagner · Leave a Comment 

Ok, this doesn’t happen often, in fact almost never, but some rates went up and others went down. I think maybe I’ve been doing this too long. THINK ABOUT THIS!!! A hangover is the wrath of grapes. MORTGAGE TIP OF THE DAY: The Federal Government has finally come up with a solution that is workable [...]

Superman saves home from Foreclosure!

August 30, 2010 by admin · Leave a Comment 

Yes, that’s right. Superman saved a family home from foreclosure. A family packing to leave their home due to foreclosure found a box in the attic that contained what looked to be a true comic book collector’s dream: Action Comics #1, the “holy grail” for collectors because it is the comic book that first introduced [...]

Ohio Attorney General Works to Combat Foreclosures

July 28, 2010 by admin · Leave a Comment 

Foreclosure is not the only option when you are having trouble paying your mortgage, please contact one of our team members at 614-888-6100 for additional information without obligation. We’re here to help. by Richard Cordray Last year new foreclosure filings in the state reached record highs, and today about 192,000 mortgages in Ohio are in [...]

Foreclosure Prevention Workshop

April 13, 2010 by admin · Leave a Comment 

Are you concerned about being able to hold onto your house? Is the possibility of foreclosure looming in your future? There are other options and programs to help you avoid foreclosure! This will also arm you with the knowledge to recognize the many scams targeting distressed homeowners. To learn more about your options attend a [...]