Jul
27
2009
First-Time Homebuyers Have Unique Advantage in Mortgage Market
Posted by: in Home Mortgage Online, tags: Advantage Mortgage, Credit Markets, Excerpt, Finance Firm, Freddie Mac, Good Time, Mortgage Bankers Association, Mortgage Finance, Mortgage Market, Mortgage Rates, Mortgage Transaction, Refinancing, Texas Mortgage Bankers, Texas Mortgage Bankers Association, Tight, Vice President wrote an interesting post today on
Here’s a quick excerpt
RISMEDIA, July 28, 2009-(MCT)-First-time homebuyers and those thinking about refinancing are in a great place. Mortgage rates just fell for the third straight week, according to mortgage finance firm Freddie Mac. “The credit markets are still tight, but they have loosened up significantly from 90 days ago,” said Scott Norman, vice president of the Texas Mortgage Bankers Association. So is this a good time to enter a mortgage transaction? It might be, if you can qualify. “The two biggest i
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