Admin | November 24, 2009
November 24, 2009
Nearly One In Four Borrowers Underwater
(Dow Jones) The proportion of U.S. homeowners who owe more on their mortgages than the properties are worth has swelled to about 23%, threatening prospects for a sustained housing recovery.
Nearly 10.7 million households had negative equity in their homes in the third quarter, according to First American CoreLogic, [...]
Category: Island Home Loans News |
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Tags: home loans, island home loans, mortgage
Admin | August 3, 2009
VA’s Home Loan Program is for veterans, active duty military personnel, and certain members of the reserves and National Guard. VA’s program provides an excellent product and benefit for those individuals who have served or are serving to protect our families and our nation.
Some of the benefits of a VA loan are:
100% financing of sales [...]
Category: Island Home Loans News |
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Tags: home loans, islandhomeloans, VA, vetrans eligibilty
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 [...]
Category: Island Home Loans News |
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Tags: home loans, interest rates, mortgage