Mortgage Applications on the Rise Again
Admin | July 22, 2009
http://ping.fm/U5kvB
Mortgage applications are on the increase despite borrowers concerns of unemployment.
Click on the link above to read the article from CNN Money.com
Financing and Lava Zones 1 and 2
Admin | July 20, 2009
Mortgage giant Fannie Mae officially declared in its June selling guide that it would no longer purchase or securitize mortgage loans in the Big Island’s lava zones 1 and 2, where the probability of lava flows is greatest.
Here is a link to the full article in the Star Bulletin
http://www.starbulletin.com/business/20090719_Lava_loan_meltdown.html
New home appraisal rules create an uproar in the industry
Admin | July 15, 2009
Latest news on the new appraisal rules
Click on the link above for more information on what is happening now.
Freddie Mac puts Education on YouTube
Admin | July 14, 2009
Stop Foreclosure YouTube
Here is a kind of educational video that can be both worthwhile and necessary to people facing financial trouble and possibly foreclosure of their home.
Remember lenders don’t want to own your home, they have enough of them already. If people are prepared when they call for assistance, it will most likely make the process smoother. Not [...]
Where’s Our Hawaii Tribune-Herald Ad?
Gary Young | June 30, 2009
Don’t worry! Island Home Loans is still here and offering many new financing options! We are working on revising our advertising and did not get it completed before our old ad finished. Just as soon as we complete our new advertising brochures, flyers, mailers and newspaper ads, we will have the smiling faces of Island [...]
Money to Help Build Your Home
Gary Young | June 26, 2009
Are you in the process of building your dream home and things get a little more expensive than you had budgeted? If your are afraid of running out of money or to have your credit cards to their max, NOW is the time to get a Construction Completion loan. You can get enough money to [...]
Rising Interest Rates
Gary Young | June 19, 2009
It is true that mortgage interest rates have been rising over the past several weeks. With today’s best rate at 5.25%, it is still at record lows and a great time to buy a home. There are numerous programs available that allow up to 100% financing and don’t forget the great $8,000 tax incentive to [...]
YOUR CREDIT SCORE
Admin | June 16, 2009
If you’re dragging around bad credit scores, you’ll pay more for car loans, credit cards and especially mortgages.
Maybe your credit is OK, but you’d like to make it better. After all, the better your credit is, the lower the interest rates you can get on car loans and credit cards. And these days, having high [...]
Interest Rates – Still Low
Gary Young | June 3, 2009
Even with the uncertainty in the mortgage market, interest rates still remain at record lows. All homeowners should look at the savings a refinance would bring, in either a lower monthly payment or the thousands of dollars that would be saved over the life of the loan. For a full breakdown of savings please contact one [...]
CONSTRUCTION LOANS ARE BACK!!!!!
Admin | May 20, 2009
Anyone who wants to build a new home or need money to complete a home you have been working on will now have many more options. Get the extra money you need to finish that construction project. Call Gary Young at 961-0605 to get the latest details!
