Economists are predicting that many homeowners who suffered financial hardship and the loss of their home during the foreclosure crisis will be ready to purchase again in 2015. Purchasing a home has many perks, the most attractive being earning equity in your home. And with the way “home values are continuing to sky rocket in… [Read More]
Just Sold by The Storck Team!
We are so excited for our sellers that closed on their homes today! The Storck Team was honored to serve in these two short sales, and we are elated for our sellers to start their new chapter in life. If you have recently experienced a hardship and have fallen behind on your mortgage payments we… [Read More]
Are you facing foreclosure? Have you considered your options?
Facing foreclosure and financial hardship is a very difficult time in life. If you are facing foreclosure, know that you have options. The Storck Team has 10 years experience in short sale and pre-foreclosure real estate. Here’s what one of our short sale clients has to say about their experience selling their home with The… [Read More]
FHA to Reduce Required Mortgage Insurance Premiums
It was announced that effective January 26, 2015 the FHA required mortgage insurance premiums will be reduced by about a half percent on all new FHA loans. This change will open home ownership to an estimated 2 million American’s that currently cannot qualify for a home loan. This rate change is only available on FHA… [Read More]
FHA Mortgage Payoff Changes 2015!!!
On January 21st of 2015 the new FHA guidelines go into effect regarding pay off per diem for all current FHA loan holders. FHA currently receives the full month of interest when your loan is paid off no matter what day of that month it is paid in full and satisfied. So basically, if you… [Read More]
How Can I Get a Down Payment for a House?
One of the most stressful pieces in purchasing a home is the down payment, especially when you are a first time home buyer. Your down payment can come from many different places, and there are many options out there! The Storck Team can help you get creative in coming up with your down payment funds,… [Read More]
Cut YEARS off of your mortgage payments with these 8 easy steps
Some are better off using the money elsewhere, but extra payments and refinancing can do a number on your mortgage. The mortgage burning party may have gone the way of the rotary phone, but that doesn’t mean Americans don’t own their homes free and clear anymore. In fact, about 34 percent of homeowners in the… [Read More]
30-Year Mortgage Sinks to 4.19% This Week
Rates have dipped back down slightly this week, continuing at a quarter lesser than the beginning of 2014. If you are considering purchasing, whether it be your first home or a move, now is a good time. Experts state that they cannot guarantee when rates will rise again, but it is only a matter of… [Read More]
10 Easy Ways to Save for a Down Payment
The down payment is often the toughest hurdle to clear when buying a home. Whether you’re opting for a Federal Housing Administration mortgage loan with just 3.5 percent down, or shooting for a conventional loan with 20 percent down, saving for a down payment on your first home can take years. It’s even more difficult… [Read More]
Average 30-year US mortgage rate up to 4.28 pct. Read more: Average 30-year US mortgage rate up to 4.28 pct. – The Denver Post http://www.denverpost.com/realestate/ci_25132043/average-30-year-us-mortgage-rate-up-4#ixzz2tp2m5Axf Read The Denver Post’s Terms of Use of its content: http://www.denverpost.com/termsofuse Follow us: @Denverpost on Twitter | Denverpost on Facebook
WASHINGTON—The average U.S. rate on a 30-year fixed mortgage edged up this week to 4.28 percent from 4.23 percent but remains near historically low levels after declining during the five previous weeks. Mortgage buyer Freddie Mac said Thursday that the average for the 15-year loan was unchanged at 3.33 percent. Read the full article here!… [Read More]