January 2011 
There are 4 blog entries for January 2011.
Marietta GA Current weekly interest rates, January 21, 2011
Friday, January 21st, 2011 at 6:28pm. 365 Views, 0 Comments.
Current Interest Rates for January 21, 2011
Rate Trend for the past week: FLAT
30 year fixed 4.625% 0 points APR 4.790%
15 year fixed 3.875% 0 points APR 4.150%
30 year fixed jumbo 5.250% 0 points APR 5.415%
15 year fixed jumbo 4.750% 0 points APR 5.025%
7/1 ARM 3.75% 0 points APR 3.915%
5/1 ARM 3.250% 0 points APR 3.415%
3/1 ARM 2.875% 0 points APR 3.040%
FHA 30 year fixed 4.500% 0 points APR 4.950%
These rates are subject to change. For the latest rates contact a mortgage broker or…
Current Interest Rates for January 14 - 17, 2011
Monday, January 17th, 2011 at 3:37pm. 358 Views, 0 Comments.
30 year fixed - 4.625% 0 points APR 4.790%
15 year fixed - 3.875% 0 points APR 4.150%
FHA 30 year fixed - 4.500% 0 points APR 4.950%
30 year fixed jumbo - 5.250% 0 points APR 5.415%
15 year fixed jumbo - 4.750% 0 points APR 5.025%
7/1 ARM - 3.625% 0 points APR 3.790%
5/1 ARM - 3.125% 0 points APR 3.290%
3/1 ARM - 2.875% 0 points APR 3.040%
These rates are subject to change. For the latest rates contact a mortgage broker or…
Short Sales - Get On with Your Life
Monday, January 17th, 2011 at 3:18pm. 307 Views, 1 Comments.
I am holder of a certificate called, “Short Sales & Foreclosure Resource Certified.” The designation is referred to as “SFR”. It seems these days more and more “short sales” are coming up for sale. There are so many people, not just in the Marietta area but in the nation as well, that are upside down in their homes. Upside down means that they owe more on their loan than their home is worth.
I recently got an offer on a house I have listed. My client, the seller, and I were so happy because it is a good offer and I believe that we will work it out (it did work out!). The only problem is the seller will bring nearly $20,000 to the closing table. The seller is, however, delighted to get the house sold and get on with their life.
But not everyone can…
Current Interest Rates for December 30, 2010
Monday, January 3rd, 2011 at 9:16am. 319 Views, 0 Comments.
Current Interest Rates 12/30/2010
We can expect interest rates to rise slowly over the coming year and they have been doing that since late summer of this year. Look for the 30-year fixed-rate loan is to rise slowly to about 5.3% near the end of 2011.
The forecast by the government is for national unemployment to drop to around 9.2%. This is good because more people working means more money at work and more people will be able to purchase a home.
Current Rates
30 Year Fixed 4.75% APR 4.915%
15 Year Fixed 4.125% APR 4.4%
FHA 30 Year Fixed 4.75% APR 5.2%
5 Year ARM 3.25% APR 3.415%
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