Mortgage News You Can Use

2011 November Home Sales Report - Wisconsin REALTORS® Association

2012-01-10T21:27:00.000-06:00

2011 November Home Sales Report - Wisconsin REALTORS® Association

WisBusiness.com: Greater Milwaukee Association of REALTORS: Install leaders & present awards to standouts

2011-12-04T09:26:00.000-06:00

WisBusiness.com: Greater Milwaukee Association of REALTORS: Install leaders & present awards to standouts

New Stats On Home Buyers And Sellers - Legacy Properties Sotheby's International Realty - Belfast - Waldo - The Republican Journal

2011-11-16T19:49:00.000-06:00

New Stats On Home Buyers And Sellers - Legacy Properties Sotheby's International Realty - Belfast - Waldo - The Republican Journal

HARP PROGRAM TO BE EXPANDED

2011-10-25T21:07:00.001-05:00

A Federal program to help people who have lost equity due to depreciation is being expanded to help more homeowners.

Currently under this program we can refinance people with a Fannie Mae or Freddic Mac mortgage at near conventional rates up to 125% of the value of the home.

Contact us to learn more and to see if you qualify.

Brewers to start Zack Greinke in Game 2 vs. Diamondbacks

2011-09-30T23:04:00.000-05:00

Brewers to start Zack Greinke in Game 2 vs. Diamondbacks

Milwaukee Home Loans

2011-08-17T22:38:00.000-05:00

Milwaukee mortgage loans remain at historic low levels due to the worldwide financial crisis. A 15 year home loan is still available in the 3s for loan amounts over $125,000 for credit worthy homeowners or renters looking to purchase.

The traditional 30 year mortgage cotinues to hover in the low 4s. Programs are available for homeowners who have suffered from depreciation to take advantage of the current low interest rates.

Contact a trusted mortgage banker for a free consultation.

Underwriting

2011-06-10T21:56:00.000-05:00

You want to buy a house? Flip, maybe. Refi? Cash out. No problem. Be prepared

Have 2 years of Federal Taxes- all pages- 30 days of paystubs or a profit and loss statement signed by an accountant if self-employed. Two months of bank statements- all pages. No unusual deposits. That's what you need for applying for a loan today. Be prepared now. Don't be surprised later.

What lenders ask for is what they need. Exactly. You need to provide what the lender asks for or they will not fund your dream.

This is the result of the go go days days of the late 2000s. This is lending in 2011. Be prepared. No worries.

Real Estate News

2011-05-29T10:06:00.000-05:00

Are you looking for a home? There are many sources of finding undervauled properties in your market. Work with a trusted real estate partner to help you achieve your goals. Using the FannieMae HomePath program you may qualify to buy an investment property single family with just 10% down or a 2 unit with 20% down. For owner occupied property you just need 3% down. Contact us for details.

Milwaukee Mortgage Rates Slide

2011-05-05T16:20:00.000-05:00

Milwaukee mortgage rates and Wisconsin mortgage rates have fallen five days in a row. If you are thinking of buying a home to take advantage of the market now could be your time.

Pre Approvals Offered

2011-04-04T21:50:00.000-05:00

We pre-approve home buyers at no charge so you can be in a powerful postition when making your offer to purchase. Buyers and Realtors will know you are working with a strong lender that will close and fund the loan on time. Work with professionals and you will not be disappointed. Lending is more complex today than it has ever been. Work with a strong leader in the industry. Call or email for an appointment today.
414-224-4732
414-416-9194
wisconsinmortgages@gmail.com

Free Home Selling Book

2011-03-22T13:58:00.000-05:00

If you are looking to buy or sell a home anywhere in the United States contact us for your free books. These "how to" books may be the key to your success. 33 Ways to Sell Your Home Fast and our Home Buyer guides are available at no charge. Contact me today to reserve your copy.

If you are buying or selling in Waukesha, Milwaukee, Ozaukee, Washington, Racine or Kenosha counties these may be especially useful.

Mortgage Rates Fall

2011-03-09T16:12:00.000-06:00

Mortgage rates fell Wednesday to levels not seen for many months. If you are thinking of listing your home this may be your moment. If you have not refinanced to a better spot this may be your opportunity. Consult a trusted mortgage consultant to take advantage of this money saving opportunity.

Who Do You Know Wants to Buy or Sell a House?

2011-01-13T22:28:00.001-06:00

We offer a free Priority Buyer Pre-Approval Letter for those interested in shopping for a home. Phone or online or face to face.

Trying to sell? Let's refer you to full time Realtors who have proven sales success. Short sale? They may be able to help. Explore all your options.

Upside down? Our Helping Americans Refinance Program may be your solution. Loan to values over 100% with no mortgage insurance are possible. 2nd mortgage? There still are solutions.

Tax Cuts Passed

2010-12-17T08:33:00.000-06:00

Congress passed a tax cut bill which now awaits the President's signature and it already has settled the stormy financial markets. The markets like certainty not uncertainty. The markets and employers now know what lies ahead.

Winter is the best time to buy a home

2010-12-07T20:08:00.001-06:00

The crowds shop for homes in the Spring and Summer in Northern climates like the Milwaukee area. Now is a better time to buy because there are fewer buyers. This means you save money on your purchase. There is less competition. In Spring there may be multiple offers on a single property. In Fall and Winter, often times, there still are multiple offers however there are fewer buyers trudging through the snow to look at homes. Your offer may look sweeter to the seller in the Winter. Why wait? If you were thinking of moving up, down or away now may be the time.

Elections Are Over

2010-11-02T21:14:00.000-05:00

No more commercials about how I will create a bunch of jobs. Isn't that great? Time to save money and refinance. Ask about our no closing cost refinance. You will be glad you did. Call or email today. wisconsinmortgages@gmail.com

Mortgage Rates Hit Bottom

2010-09-02T21:20:00.000-05:00

Mortgage rates fell to record lows. If you thought you refinanced for the last time re-think that program. Ask about our no closing cost refinance.

30 year mortgage at record lows

2010-07-07T20:19:00.000-05:00

Mortgage rates continue to hover at historic lows. Rates have been low for 10 years but are as low now as they have ever been. If your mortgage is more than $125,000 and your rate is higher than 5.5% or so refinance now before it's too late.

We have seen some incredible purchase deals lately with buyers closing on homes tens of thousands under appraised value.

Tax credits have been extened for buyers under contract by April 30th who have not closed.

Underwriting may even be less stringent than a year ago but you still need to have everything the lender needs or you will not be able to take advantage of this opportunity. Consult a trusted mortgage advisor today.

Mortgage Rates Drop

2010-05-06T15:19:00.000-05:00

Mortgage Rates dropped Thursday afternoon as the DOW tumbled. If you are thinking of refinancing your current mortgage or purchasing a new home now may be your opportunity.

What is a Locked Loan?

2010-04-05T19:04:00.003-05:00

In the mortgage world a lock is a commitment to deliver a mortgage to the investor in a certain time frame at a certain rate. Purchases and refinances closing in the next 30-60 days when locked afford the customer protection against rising rates. Monday rates spiked upward quickly -they almost always rise faster than they fall- after reports that new home sales increased more than 8% in February. Buyers and consumers refinancing are protected against rising rates as long as they can close in the allotted time. Some lenders may play the float game. We don't recommend it. In this climate it is better to be locked on a rate than hope there will be a down tick where you can capitalize. Always work with an experienced professional. By the time you see it in the paper or hear it on the news it's too late. The smart money has locked.

Why Pay 5%?

2010-03-26T22:31:00.002-05:00

Why pay 5% on a mortgage when you can pay 3.875%? The larger your loan amount the greater your savings. Ask about the 3.875% mortgage.

APR 3.90%

Mortgage Rates Ride Roller Coaster

2010-03-24T21:58:00.002-05:00

It goes up. It goes down. Almost makes you sick to your stomach. Hang on. It's a wild ride. Mortgage rates re-priced three times Wednesday We haven't seen three price adjustments in one day (all up) in a long time. Speak with a mortgage professional. These times are unprecendeted.

Homes Are Selling Fast

2010-02-19T21:57:00.002-06:00

A sea of home buyers surfs as a perfect storm of tax credits, low rates, fair prices and large inventory intersect to create a rising tide of purchases in the Greater Milwaukee area.

Buyers who have owned previously and rented recently are dipping their toes in the water as are never-evers and families stepping up and down into new digs.

The tidal wave of buyers may crash at April's end as the tax credits roll out to sea, never to be seen again. Don't miss the boat. Get pre-approved.

First Step: Increase your negotiating power: apply for a free pre-approval. You want to be armed with a strong pre-approval letter and strong financing - visit
wfhm.com/peter-cannon and you will find smooth sailing, not stormy seas. Then contact an experienced Realtor.

414-224-4732

Money Give Away

2010-02-10T19:41:00.002-06:00

We're giving away money. Lately it's been at about 5%. You have to pay it back. It make take 30 years, but it's a pretty good deal. Let me know if you are interested. We will show you how.

$8000 Tax Credit

2010-02-02T20:15:00.003-06:00

Time is running out. The $8000 Tax credit for people who have not purchased a home in the last five years will end in April, 2010. You have 60 days to close but must be under contact by the end of April. There are no exceptions. Do not hope the program will be extended. You must be preapproved today. Call 414-224-4732. It's fast and easy.

If you own a home now you also may be able to claim a credit of $6500, Call for details. 414-224-4732.