Columbus Mortgage Rate Update

December 27, 2011 by admin · Leave a Comment 

MORTGAGE TIP OF THE DAY: No Cost Refinance: This is a refinance where we as a lender increase the interest rate which creates more profit, enough to pay the borrowers closing costs. It’s the reverse of paying points to get a lowering rate. THOUGHT OF THE DAY: (This is the serious part) “People react to [...]

Columbus Mortgage Rates Update

March 31, 2011 by Steve Wagner · Leave a Comment 

Rates are going in our favor this morning but it isn’t clear to me why. It is one of those days where we are scratching our heads. Someone a lot smarter than me probably has this figured out. MORTGAGE TIP OF THE DAY: There is a Federal law that states a mortgage lender cannot close [...]

How Big Will Your Tax Credit Be?

March 10, 2009 by Jeanne O'Keefe · 2 Comments 

 If you are a first time home buyer, this is your year! While you may have already heard about the $8,000 Federal Tax Credit for firs time buyers, did you also know about the Mortgage Credit Certificate (MCC) Program? This is an amazing advantage for 1st time buyers who qualify, to reduce their tax burden [...]