30-Year Fixed ~ 4.875%
30-Year Fixed FHA ~ 5.000%
15-Year Fixed ~ 4.250%
5-Year ARM ~ 3.750%
5-Year ARM FHA ~ 3.750%
Jumbo Loans – Amounts that exceed conforming loan limits
30-Year Fixed ~ 5.750%
5-Year ARM ~ 5.000%
...rates are courtesy of Wells Fargo
Friday, November 20, 2009
Thursday, November 19, 2009
Something Festive for the Holidays....
So every year Jaimy and I have the same fight: to put Christmas lights up on the house or not. The biggest reason this turns into an argument is that Jaimy is not too good with heights and so we have to hire it done IF we do it at all. : ) And with Christmas being a favorite holiday of mine, I see the expense as a no-brainer.
Well, it finally is.
We found a great company that will put up -- and take down -- our lights at a very affordable price. (yay! I get lights!!)
Feel free to call and get your free estimate. Ask for Chad and be sure to let him know Jaimy Beltran sent you so you can get a good deal!
Lights Up
Chad Pitcher 503-875-2413
Happy Holidays!!!
Well, it finally is.
We found a great company that will put up -- and take down -- our lights at a very affordable price. (yay! I get lights!!)
Feel free to call and get your free estimate. Ask for Chad and be sure to let him know Jaimy Beltran sent you so you can get a good deal!
Lights Up
Chad Pitcher 503-875-2413
Happy Holidays!!!
Friday, November 6, 2009
It's Official! Tax Credit Extends Through Next Year...
Breaking News: President Signs Tax Credit Extension & Expansion
President Obama signed into law legislation that extends and expands the first-time homebuyer tax credit this morning. This enacts the legislation into law making the extension and expansion effective immediately after today. To learn more about the jobless benefit extension and the extension of the homebuyer tax credit visit: Obama signs jobless benefit extension.
Who Qualifies for the Extended Credit?
• First-time homebuyers who purchase after today and before April 30, 2010, are eligible for the extended tax credit.
• Current homeowners purchasing a new principal residence after today and before April 30, 2010, who have used the home being sold or vacated as a principal residence for five consecutive years within the last eight.
• So long as a written binding contract to purchase is in effect on April 30, 2010, the purchaser will have until July 1, 2010 to close.
President Obama signed into law legislation that extends and expands the first-time homebuyer tax credit this morning. This enacts the legislation into law making the extension and expansion effective immediately after today. To learn more about the jobless benefit extension and the extension of the homebuyer tax credit visit: Obama signs jobless benefit extension.
Who Qualifies for the Extended Credit?
• First-time homebuyers who purchase after today and before April 30, 2010, are eligible for the extended tax credit.
• Current homeowners purchasing a new principal residence after today and before April 30, 2010, who have used the home being sold or vacated as a principal residence for five consecutive years within the last eight.
• So long as a written binding contract to purchase is in effect on April 30, 2010, the purchaser will have until July 1, 2010 to close.
Tuesday, November 3, 2009
Tax Credit Extension...
Senate Clears Homebuyer Tax Credit
Extension to Pass This Week*
November 3, 2009 ― After two weeks of delay, the Senate last night cleared the way to pass a seven month extension and expansion of the tax credit for homebuyers. By an 85 to 2 roll call vote, the Senate voted to cut off debate on a package of measures that includes the homebuyer credit, making it virtually certain that the legislation will reach President Obama for his signature this week.
The homebuyer tax credit, due to expire in 28 days, would be extended through April 30 of next year. First‐time buyers who are in process of making a purchased would not need to worry about qualifying for the $8,000 credit if they close after the November 30 deadline.
For the first time, the legislation cleared last night makes move‐up buyers as well as first‐time buyers would be eligible for a credit. The $8,000 maximum first‐timer credit will continue and will now available to couples with income up to $225,000, a nearly $55,000 increase above the level in existing law. A new $6,500 maximum credit would also be available to move‐up homeowners who have lived in their current residence for five of the prior eight years.
The tax credit has fired the housing market, driving existing home sales to the highest level in over two years. The National Association Realtors reported sales jumped 9.4 percent to a seasonally adjusted annual rate of 5.57 million units in September and are 9.2 percent higher than the 5.10 million‐unit pace in September 2008.
*courtesy of Landover Mortgage
Extension to Pass This Week*
November 3, 2009 ― After two weeks of delay, the Senate last night cleared the way to pass a seven month extension and expansion of the tax credit for homebuyers. By an 85 to 2 roll call vote, the Senate voted to cut off debate on a package of measures that includes the homebuyer credit, making it virtually certain that the legislation will reach President Obama for his signature this week.
The homebuyer tax credit, due to expire in 28 days, would be extended through April 30 of next year. First‐time buyers who are in process of making a purchased would not need to worry about qualifying for the $8,000 credit if they close after the November 30 deadline.
For the first time, the legislation cleared last night makes move‐up buyers as well as first‐time buyers would be eligible for a credit. The $8,000 maximum first‐timer credit will continue and will now available to couples with income up to $225,000, a nearly $55,000 increase above the level in existing law. A new $6,500 maximum credit would also be available to move‐up homeowners who have lived in their current residence for five of the prior eight years.
The tax credit has fired the housing market, driving existing home sales to the highest level in over two years. The National Association Realtors reported sales jumped 9.4 percent to a seasonally adjusted annual rate of 5.57 million units in September and are 9.2 percent higher than the 5.10 million‐unit pace in September 2008.
*courtesy of Landover Mortgage
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