What are Home Loan Interest Rates Based On?

How are interest Rates Determined?

Rates correspond with the bond market and change every 15 minutes.
Watch the stock market to see how it is doing.
Stay in contact with your lender. Your lender can help keep you informed.

Be sure to choose your lender wisely. Your Professional real estate agent should have at least three lenders that she can recommend for you to interview before selecting one.

Purchasing a home and taking out a home loan is one of the biggest financial decisions you will make. Be sure to have a team of trusted professionals working with you.

What was the highest interest rate you can remember?

Pam McCoy, Realtor (r)
Coldwell Banker Real Estate
1180 Iron Point Road, Suite 130
Folsom, CA 95630
916.865.8759

Is it Possible to Buy a Home with No Money Down?

The lending market is constantly changing. New loan programs and grants consistently come available. Check with your professional trusted lender to find out the current programs.

Are you thinking about purchasing a home? It is important to contact a professional lender and real estate agent to find out what is happening in the real estate market today.

I can help you with your home purchase and give you a list of lenders to interview. Give me a call today!

Pam McCoy, Pro-Active Trusted Real Estate Advisor
Coldwell Banker Real Estate
1180 Iron Point Road, Suite 130
Folsom, Ca 95630
916.865.8759

Serving the Sacramento real estate region including: Folsom, Granite Bay, Loomis, Lincoln, Roseville, Rocklin, Newcastle, Auburn, Sacramento, Citrus Heights, Carmichael and surrounding areas.

Keep Your Home California

If you are struggling to make your mortgage payments and keep your home, Keep Your Home California may be able to help. This is a state run program.

This program may help those who are having an economic hardship like lost of job.

There are several eligibility requirements to participate in Keep your Home California’s program.

If you have questions about financing, selling or purchasing a home, we are here to help you.

Call us today.
916.865.88759

Home Loan Interest Rates Went up Slightly | Lender Report, March, 2012

Interest Rates were up and down last week.



The question is…Will interest rates continue to climb over the year?

If you are looking to buy or sell a home in Folsom, Granite Bay, Roseville or the surrounding areas, I would be happy to assist you. Please give me a call at 916.865.8759.

Your Coldwell Banker Realtor®,
Pam McCoy

FHA Now Requires for all Collections Paid

FHA Update – March, 2012

FHA ALERT!

FHA WILL NOW REQUIRE RESOLUTION
OR PAY OFF OF ALL OUTSTANDING
COLLECTIONS TOTALING more than $1,000

MORE THAN $1,000 in Collections MUST be paid off

Coldwell Banker sells homes.
If you are planning to purchase a home using an FHA home loan, you will want to begin making payment arrangements for any outstanding collections totaling more than $1,000.

Disputed credit accounts or collections resulting from identity theft, credit card theft, or unauthorized use, etc., will be excluded from the $1000 limit under the terms.

For more information about an FHA home loan or the new guidelines, you may contact my Princeton Capital Senior Loan Officer, Kristy Ruhkala NMLS# 256835 (916) 532-8080.

Looking forward to helping you purchase your next home!

Pam McCoy
916.865.8759

Princeton Capital is a Residential Mortgage Lender, and an RMR Financial company, licensed by the California Department of Corporations under the California Residential Mortgage Lending Act, license #415-0027.

American Dream Loan – US Bank

Home Loan from US Bank for First Time Home Buyers

Ken Miller, Mortgage Banker at US Bank talks about a special loan they have called “The American Dream”.

  • 95% financing
  • 30 Year Fixed Rate Mortgage
  • Great loan for first time home buyer
  • No Mortgage Insurance
  • Fully Amortized
  • No Pre-Payment Penalty

Can we help you with your next home purchase?

If you have any more questions regarding home financing or purchasing a home, please feel free to give us a call.
Ken Miller, Loan Originator 916.390.0275
Pam McCoy, Realtor® 916.865.8759