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MORTGAGE CREDIT NEWS BY LOUIS S. BARNES- 9/28/18
Commentary 28 September 2018

MORTGAGE CREDIT NEWS BY LOUIS S. BARNES- 9/28/18

The Fed this week raised the overnight cost of money to 2.25%, the “prime” rate rising mechanically everywhere to 5.25%, and the Fed signaled additional .25% hikes every 90 days until the economy slows --…

What to Know About Construction Loans
Loan Products 27 September 2018

What to Know About Construction Loans

When it comes to construction loans, there are two types of construction loans to consider. First off, there are construction to permanent construction loans. These loans are simple. You essentially borrow money to pay for…

Low Down Payment Options
Mortgage News 25 September 2018

Low Down Payment Options

For those who may be interested in low or no down-payment loan options, we’re discussing some programs today that could work for you! The U.S. Department of Agriculture created a housing program plan to encourage…

MORTGAGE CREDIT NEWS BY LOUIS S. BARNES - 9/21/18
Commentary 21 September 2018

MORTGAGE CREDIT NEWS BY LOUIS S. BARNES - 9/21/18

The move is very slow, and not yet a true “breakout,” but long-term rates have crept up to a new level and are poised for more, above 3.00% for the 10-year T-note and above 5.00%…

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