Be optimist or pessimist the numbers do not lie. What do the numbers say about the US real estate market in the last two years? Dismal, at best. John Burns, CEO of John Burns Real Estate Consulting, always gives grades in quick glimpse -and easy to comprehend- A, B, C, D, and F like most [...]

What do these three have in common? You! We live in a time when business and pop-culture are not longer separated by thick, gray walls of impenetrable social anti-matter. As a result service providers who once controlled the mortgage banking industry are doing everything they can to present their prospective companies a “the next big [...]

With mortgage interest rates on Georgia home loans and Florida home? loans being lower than in recent history many home owners are wondering if they should or even can refinance now. As with anything else it is important to know the goal of refinancing. If your goal is to lower monthly payments by refinancing to [...]

To the seasoned home buyer today’s economy and real estate industry condition are a little frightening to say the least. One would assume, then, that this is not a good time to be a first time home buyer. The truth, however, is quite the opposite.
The existing home owner is more likely to have existing “baggage” [...]

Did you know if you have an existing FHA home loan that you can refinance to a lower rate using something called an FHA Streamline Refinance? The advantage of the FHA streamline refinance is to allow the home owner to refinance from an existing FHA home loan into a new FHA home loan with a [...]

This sounds like such a simple question, does it not? And it is. The question is simple and the answer should be simple but it is complicated at times by what many of us in the business like to call deceptive advertising. Add to that deception a bit of low integrity and bait and switch [...]

As a mortgage banker I am asked this question often. Some of my colleagues even answer it often with reckless disregard for the truth.
When asked this question by a blind call in my first reaction as a human would be to ask, “are you kidding?” Wearing my concern for care hat, however, I can only [...]

By the time you read this article everything will have changed. One thing is certain about the mortgage banking industry and that is change. Do not take this as a smack on the face because it certainly is not intended to be but it should be somewhat of a wake-up. The truth is the far [...]

Real estate investor loans. This is a topic with answers which change almost daily. In fact until the middle of November of 2008 we could do non-seasoned cash out refinances for real estate investors based on the new appraised value to 75% of the appraised value. This meant a real estate investor could purchase a [...]

For those of us who have already purchased our first home we have experienced the excitement, exuberance and joy of shopping for and finding our first home. We may have even experienced fear, timidity and a little uncertainty -which may not yet be cured! There is one thing of which we can be certain: buying [...]