Tuesday, March 24, 2009

Energy Efficiency: Your key to bailout cash?

Could energy efficient projects be the key to getting some bailout cash?Need a new water heater or air conditioner?

So you aren't going to qualify for any bailout money or a mortgage modification? You could still find yourself claiming some bailout cash if you plan to upgrade your home with any of a number of products that enable increases in energy efficiency. For example, if you are replacing windows, adding a new AC unit or a water heater, for instance, you could claim a 30 percent tax credit up to $1500 for your effort.

Have bigger plans, such as adding solar panels to your roof? The credits are even far greater (more).

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posted by Dahcredyns at 11:43 AM 0 comments

Thursday, March 19, 2009

Mortgage rates set to get higher?

Better act now?

According to warehouse mortgage lenders, the money is drying up. Unless the government changes policies, mortgage rates could be primed for a huge increase. Read more....

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posted by Dahcredyns at 12:57 PM 0 comments

Tax incentives for first time buyers

Are you ready to buy your new home?

If yes, then in this economic climate you should make certain to take advantage of every opportunity afforded. And, as a first time buyer, you qualify for special tax incentives if you buy a home this year. Unfortunately, ensuring that you receive the tax credit isn't as simple as it seems. Read more....

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posted by Dahcredyns at 12:55 PM 0 comments

Thursday, March 05, 2009

Qualifying for a goverment mortgage modification

Do you qualify

Are you living in your home right now, but finding it harder and harder to keep up with your mortgage payments? Perhaps, if you could just lower your rate, you'd have the ability to keep up? However, since you owe more than your house is worth, you can't refinance?

If so, check out this article on the guidelines for qualifying for a government-backed mortgage modification.

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posted by Dahcredyns at 10:43 AM 0 comments

Tuesday, March 03, 2009

4.0 percent mortgages for all Americans

Why not?

Just watching CNBC and a guest suggested a 4.0 % mortgage for all Americans with a mortgage. I like it. Isn't this the kind of transparency and simplicity that politicians should strive for? Besides, isn't this the best way to treat the mortgage mess?

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posted by Dahcredyns at 2:05 PM 0 comments

Help for those with Citi mortgages

Are you unemployed?

If you've recently been let go from your job, and you have a mortgage owned by Citi, help might be just a phone call away. More

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posted by Dahcredyns at 11:40 AM 0 comments

Dangerous mortgage modifications

Don't call the number for that ad just yet!

Are you having problems paying your mortgage? Don't know what to do? Well, don't call the number on that mortgage modification ad you saw on your local television station without first reading this article.

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posted by Dahcredyns at 11:36 AM 0 comments

Thursday, October 12, 2006

Mortgage rates on the rise

Mortgage rates are on the rise due to increased concern over inflation. "The 30-year fixed-rate mortgage (FRM) averaged 6.37 percent for the week ending Oct. 12, up from 6.30 percent, according to Freddie Mac's (Charts) Primary Mortgage Market Survey. A year ago, the 30-year FRM averaged 6.03 percent." (more)

Need a mortgage broker to refinance that ARM mortgage before rates go to high?

posted by Dahcredyns at 9:44 AM 3 comments

Wednesday, October 11, 2006

Are you worried about your ARM mortgage?

Do you still have an ARM mortgage rate? Did you know that your monthly payments could more than double once your initial 'teaser' rate is over? Are you ready for a higher mortgage payment? What if the value of your house drops?

If you are worried about your ARM mortgage you should fix your rate as soon as possible, especially while home values are still high and mortgage rates are low.

If you can't refinance into a fixed mortgage, try a 5 year ARM.

posted by Dahcredyns at 4:34 PM 0 comments

Thursday, October 05, 2006

Mortgages at 7 month lows

Mortgage rates are at their lowest levels in 7 months according to Freddie Mac. Today's average mortgage rate of %6.30 is still higher than this time last year when rates were 5.98%. Unfortunately, lower rates are not being used by potential home buyers. Instead, most new activity in the mortgage market is for refinancing ARMs into fixed mortgage rates. (more)

posted by Dahcredyns at 4:17 PM 0 comments