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Top Real Estate Agents in Andover, MN
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Updates & tips
Mortgage Rates
For the second straight week, the benchmark30-year, fixed-rate mortgage is 5.23 percent, according to the Bankrate.com national survey of large lenders. A basis point is one-hundredth of 1 percentage point. The mortgages in this week's survey had an average total of 0.41 discount and origination points. One year ago, the mortgage index was 6.16 percent; four weeks ago, it was 5.13 percentCheck out this article at Bankrate.com
Average homeowner can save $2400 per year right
On February 17th, President Obama signed into law The American Recovery and Reinvestment Act of 2009. Are you eligible for an FHA or Fannie/Freddie Streamline Refinance? American Mortgage and Equity Consultants, Inc. is here to help you understand these new programs and show how you may benefit from them. Simply complete this short form and we'll determine if you're eligible. We do the leg work for you! Are you eligible for the $8000 first-time home-buyer tax credit? Through a combination of historically low interest rates, an abundance of inventory, and an unprecedented $8000 tax credit that doesn't need to be repaid, there has never been a better time to buy. Why wouldn't you at least see if you qualify? Complete this short form for a free, no obligation consultation.
Announcement from President Barac Obama
President Obama recently announced that the average homeowner can save $2400 per year by way of mortgage refinance. In addition to that recent interest rate are said to be the lowest they have been since post WW2. 1946 the year in which the mortgage rates are equivalent to right now!! Between housing prices being 50% off and the greatest rates seen in 65 years this is truly once in a lifetime chance to buy a house or refinance. And if you think the value of your house is not there to refinance you may be talking to the wrong person. Most banks we work with are very willing to use more liberal appraisers that can usually come back with the value you need to get your deal done. In most cases people are only a few thousand off on the value which is very disapointing with some of the local banks. Instead of checking with all of these local banks for loan options call a broker who can usually give you a free comparable sales analysis to get an idea of your home value without paying up to $425 for an evaluation.. Alonzo Marana 763 227 9711