Hurricane Katrina has taken it’s toll up in a 4 State region along the Gulf Coast. Many homeowners have been left at with huge repair and little or no insurance money to help with the fix-ups. A New Millennium Home might just be the solution for Future Katrina Like Disaster
Many People are stuck in the […]

(Reuters) Mortgage rates rose last week, the Mortgage Bankers Association said Wednesday.
Fixed 30-year mortgage rates hit an average of 5.72%, excluding fees, compared with 5.64% in the previous week.
While the fixed 30-year mortgage rate, the industry benchmark, has fallen from its 2005 high of 6.08% of late March, it is above the 2005 low of […]

(Reuters) Applications for U.S. residential mortgages fell last week as higher interest rates deterred borrowers from refinancing their existing loans, an industry trade group said on Wednesday.
Despite the decline in activity, some mortgage lenders said they are still seeing robust demand.

Finding cheap loans isn’t always easy… it seems like every time you turn around new rates and fees are added and the loan process becomes increasingly frustrating with each new change that’s made.
Cheap loans don’t have to be such a hassle, however… there are a variety of loan options available for people of all credit […]

Considering purchasing a Florida property for sale? There are many misconceptions about the Sunshine State. Hopefully, this article will dissolve some of those common misconceptions. Many view Florida property owners as residing beachfront or at least within easy access to the beach. Yes, there are many who live on or near the beach, but the […]

Wachovia Corp and AmNet Mortgage, Inc. today jointly announced that the companies have signed a definitive agreement under which Wachovia will acquire AmNet Mortgage, the parent company of American Mortgage Network (AmNet), a nationwide residential mortgage banker, for a purchase price of $10.30 per share in cash. The approximate total value of the transaction (on […]

From Reuters:
“We expect that near-term growth will now be a bit weaker than had been anticipated, due in very large part to the disruption in economic activity brought on by Katrina last week,” Frank Nothaft, vice president and chief economist at Freddie Mac, said in a statement.
“However, the federal monies that will flow into the […]

A three-week slide in rates for 30-year mortgages has come to a stop.
Mortgage giant Freddie Mac said Thursday that the nationwide average for those fixed-rate mortgages remained at 5.71 percent this week, the same as last week, but still slightly below the average rate a year ago.
A competing survey from bankrate.com found that the average […]

You have undoubtedly heard a plethora of advice when you mentioned you were considering buying a home. Everyone probably had an opinion, they always do. Some very well intended people probably gave you the worst advice you could possibly have received but you would have know way of knowing that.
Let us dispel some of the […]

Consolidate your loans
If you have federal student loans it is more than likely you are receiving letters and email that are warning you it is time to consolidate your loans in order to pay less interest over the life of your loan and have smaller monthly payments. However, people are still wondering if they should […]