Albuquerque Real Estate Talk » Albuquerque mortgage

Albuquerque Mortgage Rates Update

ashdhart — Fri, 18 Dec 2009 22:00:37 +0000

Albuquerque Mortgage Rate Update

Mortgage Interest Rates* as of Friday, December 18th, 2009:

CONFORMING CONVENTIONAL, 30 Yr: 4.875%

CONFORMING CONVENTIONAL, 15 Yr: 4.375%

FHA FIXED, 30 Yr: 4.875%

Jumbo rates available upon request.

Mortgage Rates provided by…

Barbara J. Shwartz
Senior Loan Specialist
Integris Funding LLC
11000 Spain NE, Bldg B
Albuquerque, NM 87111
Phone: (505) 362-0476
Fax (505) 213-0506
E-mail: bshwartz@integrisfunding.com
Web: www.IntegrisFunding.com

*Rates are subject to change due to market fluctuations and borrower’s eligibility.

Albuquerque Mortgage Rates Update

ashdhart — Wed, 09 Dec 2009 22:33:33 +0000

Albuquerque Mortgage Rate Update

Mortgage Interest Rates* as of Wednesday, December 9th, 2009:

CONFORMING CONVENTIONAL: 4.875%

FHA FIXED: 5.000%

Jumbo rates available upon request.

Mortgage Rates provided by…

*Rates are subject to change due to market fluctuations and borrower’s eligibility.

Albuquerque Mortgage Rates Update

ashdhart — Thu, 03 Dec 2009 05:00:19 +0000

Albuquerque Mortgage Rate Update

Mortgage Interest Rates* as of Wednesday, December 2nd, 2009:

CONFORMING CONVENTIONAL: 4.875%

FHA FIXED: 5.000%

Jumbo rates available upon request.

Mortgage Rates provided by…

*Rates are subject to change due to market fluctuations and borrower’s eligibility.

Albuquerque Mortgage Rates Update

ashdhart — Fri, 20 Nov 2009 18:00:21 +0000

Albuquerque Mortgage Rate Update

Mortgage Interest Rates* as of Friday, November 20th, 2009:

CONFORMING CONVENTIONAL: 4.875%

FHA FIXED: 4.875%

Jumbo rates available upon request.

Mortgage Rates provided by…

*Rates are subject to change due to market fluctuations and borrower’s eligibility.

Albuquerque Mortgage Rates Update

ashdhart — Fri, 13 Nov 2009 18:00:48 +0000

Albuquerque Mortgage Rate Update

Mortgage Interest Rates* as of Friday, November 13th, 2009:

CONFORMING CONVENTIONAL: 4.875%

FHA FIXED: 5.0%

Jumbo rates available upon request.

Mortgage Rates provided by…

*Rates are subject to change due to market fluctuations and borrower’s eligibility.

Define: Quitclaim Deed

ashdhart — Fri, 23 Oct 2009 15:05:10 +0000

Quitclaim Deed: A deed that conveys only the grantor’s right or interest in real estate, without stating the nature of the rights and with no warranties of ownership.

A quitclaim deed is an easy way to add or remove a legal owner if you know the ownership. Commonly seen in a divorce or marriage, but also if one partner obtains the mortgage in their name and wishes to add the other partner to the deed. Being added or removed does not relieve you or make you responsible for the mortgage. This is a separate document.

Albuquerque Mortgage Rates Update

ashdhart — Tue, 06 Oct 2009 15:00:11 +0000

Albuquerque Mortgage Rate Update

Can You Get a Loan Today?

Changes in the housing and mortgage industries have prompted many people, including the media, to wonder: “Can you get a loan today?” The answer is simple: Yes!

Despite the negative headlines over the past year, there’s actually plenty of money available for loans. In fact, reports indicate that over $2.7 Trillion in loans were originated in 2009. That’s over $1 Trillion more than 2008.

However, mortgages must make sense in today’s terms – not the looser standards permitted by
lenders a few years ago. What does this mean to borrowers today?

Lenders have returned to a pre-2000 mindset – a kind of “common-sense lending” that seeks long-term success versus short-term profits. That means lenders need documented evidence that a borrower is creditworthy and is likely to repay the loan. This creditworthiness is based on the four tenets of lending: the borrower’s ability to pay, willingness to pay, equity in the transaction, and the property itself.

With interest rates at or near all-time lows, lower home prices, and the $8,000 tax credit for first-time buyers, it’s worth the time and effort to find out if you can benefit from common-sense lending in today’s real estate market.

Mortgage Interest Rates* as of Monday, 5th October, 2009:

	Term	Conforming	APR	Pmt per $1,000	Jumbo	APR	Pmt per $1,000
CF 30	360	5.125%	5.257%	$5.44	6.5%	6.596%	$6.32

Mortgage Rates provided by…

Kimberly DeaBueno
Loan Processor
Integris Funding LLC
Phone: (505) 559-5514
Fax: 505-213-0506
E-mail: kdeabueno@integrisfunding.com
Web: www.IntegrisFunding.com

*Rates are subject to change due to market fluctuations and borrower’s eligibility.

Albuquerque Mortgage Rates Update

ashdhart — Tue, 29 Sep 2009 21:00:24 +0000

Albuquerque Mortgage Rate Update

Creating Safe, Memorable Passwords

Passwords are critical to accessing your personal accounts and information. They’re only useful if they’re easy for you to remember–and tough for others to break. The following pointers can help you achieve both:

• Think of a phrase. Instead of a common word or family member name, think of a unique phrase that only you know. For example, you may think of something off the wall such as “I Like Short Hair Too.”
• Make it an acronym. In our example, “I Like Short Hair Too” would become ILSHT.
• Add Complexity. Substitute symbols and numbers to add complexity to your acronym. For example, “I Like Short Hair Too” can become “1 Like $hort Hair 2″ which makes: 1L$H2. You can also use uppercase and lowercase letters to make it 1L$h2.
• Make it unique. A password is only really unique if you use it for one account and one account only. So, mix in additional letters and numbers that are unique to each account. For example, if you’re logging into a Gmail account, you can use the “gm” and “@cct” (for acct) to make: 1L$h2gM@cct. Then, for a Netflix account, you may use: 1L$h2Nf@cct.

Of course, these are just examples. You’ll want to think of your own acronym along with different characters you can add to make each account unique. Then keep that secret to yourself, so no one will be able to guess your account passwords.

Mortgage Interest Rates* as of Tuesday, 29th September, 2009:

	Conforming	APR	Pmt per $1,000	Jumbo	APR	Pmt per $1,000
CF 30	5.000%	5.131%	$5.37	6.5%	6.596%	$6.32

Mortgage Rates provided by…

Kimberly DeaBueno
Loan Processor
Integris Funding LLC
Phone: (505) 559-5514
Fax: 505-213-0506
E-mail: kdeabueno@integrisfunding.com
Web: www.IntegrisFunding.com

*Rates are subject to change due to market fluctuations and borrower’s eligibility.

Albuquerque Mortgage Rates Update

ashdhart — Tue, 22 Sep 2009 01:35:11 +0000

Albuquerque Mortgage Update

Sadly, many thousands of Americans every year suffer the tragedy of having their homes damaged or destroyed. Quickly, they come to the painful realization that they had never really maintained home inventory records for insurance and replacement purposes. Would you be caught unprepared today?

Admittedly, listing all the contents in your home is far from fun. Fortunately, the Insurance Information Institute has simplified the process. Consumers can download a FREE copy of the “Know Your Stuff” software at www.knowyourstuff.org.

The software is very easy to use and all your information is saved to your computer’s hard drive. The software also allows you to add photos of your larger items, if desired.

After you’ve finished taking your home inventory, have your insurance agent review it to ensure sufficient coverage. Lastly, safeguard your home inventory records by burning one or more copies to CD and storing in a fireproof safe or safety deposit box. Remember, Know Your Stuff has free, secure online storage so you’ll have access to your home inventory anywhere, any time!

Mortgage Interest Rates* as of Monday, 21st September, 2009:

	Conforming	APR	Pmt per $1,000	Jumbo	APR	Pmt per $1,000
CF 30	5.125%	5.257%	$5.44	6.5%	6.596%	$6.32

Mortgage Rates provided by…

Kimberly DeaBueno
Loan Processor
Integris Funding LLC
Phone: (505) 559-5514
Fax: 505-213-0506
E-mail: kdeabueno@integrisfunding.com
Web: www.IntegrisFunding.com

*Rates are subject to change due to market fluctuations and borrower’s eligibility.

Albuquerque Mortgage Rates Update

ashdhart — Mon, 14 Sep 2009 20:25:43 +0000

Albuquerque Mortgage Update

Today, nearly 50% of all struggling homeowners have two mortgages. Typically, many borrowers split their mortgage into two to avoid an additional Private Mortgage Insurance monthly payment. The shortcoming with this is that having two mortgages complicates attempts to refinance or modify home loans.

If you’re interested in refinancing or looking into a modification, I’d be happy to help you examine your options. Even if a modification isn’t right for you, there may be an opportunity to refinance your mortgage and take advantage of today’s historic lows.

Mortgage Interest Rates* as of Monday, 14th September, 2009:

	Conforming	APR	Pmt per $1,000	Jumbo	APR	Pmt per $1,000
CF 30	5.125%	5.257%	$5.44	6.5%	6.596%	$6.32

Mortgage Rates provided by…

Kimberly DeaBueno
Loan Processor
Integris Funding LLC
Phone: (505) 559-5514
Fax: 505-213-0506
E-mail: kdeabueno@integrisfunding.com
Web: www.IntegrisFunding.com

*Rates are subject to change due to market fluctuations and borrower’s eligibility.