I had a client recently close on their new home at Mueller and they had a conceptual battle with their lender – USAA. It was concerning their home-insurance, also provided by USAA. The lender was arguing that the insurance coverage Read more…
You know, moving was hard enough before the economic downturn. Now, aside from everything else you have to do, you have to strongly consider the economic factors of your move more than you used to. It’s no longer just a Read more…
Great news – you bought your home with a first and second mortgage, and you’ve paid off the second mortgage. The second lien lender has sent you a release of lien and you know need to record it. How do Read more…
Local mortgage planner John Schutze gives his weekly market update: “Mortgage rates end the week¦.DOWN!! This morning¦according to the government, 95,000 jobs were lost in September. Economists expected a net loss of only 5,000. The silver lining is that Read more…
Local mortgage planner John Schutze gives his weekly market update: “Mortgage rates are down from last week!!!The chance for additional Treasury purchases by the Fed helped mortgage rates improve early this week. Stronger than expected economic growth data trimmed the Read more…
Local mortgage planner John Schutze gives his weekly market update: “Mortgage rates end the week unchanged from last week¦Slower than average economic growth and low inflation persuaded investors to purchase bonds, including mortgage-backed securities. Following three months of declines, mortgage Read more…