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Mortgage news and helpful tips

When is the right time to finance a home?

The time to finance a home for the best rate could be now, as mortgage rates across the country have reached a low over the last 16 months at 4.12 percent, according to Freddie Mac. This number is quoted for a 30-year fixed rate conventional mortgage, and since Jan. 1, people have been finding themselves […]

Round 5: Knockout cancer for Candlelighters Kids

  Download the Event Postcard Download the Event Copy Preparing for its fifth year, Knockout Cancer for Candlelighters Kids is an annual MMA event that was created to help raise funds and awareness for Candlelighters Childhood Cancer Foundation of Nevada. Candlelighters provides programs and services for local families of children diagnosed with cancer, having helped […]

Las Vegas Home Prices Go Higher, Competition Getting Worse.

Imagine you're sitting at an auction. An item comes up for bid. You really want this item. When the auctioneer mentions the name of the item, you look around the room to see that no one was paying attention. You get this sense of adrenaline by thinking you're going to be the only bid. The […]

Tech wealth responsible for making housing prices unaffordable in San Fransico

Some protesters in San Francisco have stopped, and now let go a bus headed towards Google with Google employees on board. It's not exactly clear on how many protesters participated in stopping the bus, but pictures have shown us that they mean business. According to postings on businessinsider.com, resident of San Fransico say that the […]

Round 4: Knockout Cancer was a huge success.

Thursday October 3rd, 2013. The Orleans Arena. Las Vegas, NV. "Ladies and Gentlemen, Boys and Girls. Are You Ready?" is what you would of heard if you attended this years knockout cancer for candle lighter kids. There was a line waiting for the main gates to open. They Orleans Arena staff had a hard time […]

Two month lows force mortgage rates to fall even lower.

Mortgage rates were lower yet again, for the 10th consecutive day without rates moving higher. Since the September 6th jobs report, rates have only risen once. Conforming, 30yr Fixed rates are now down to 4.375% (4.375%) or amazingly efficient combinations of closing costs and rates though several lenders. Everyday we receive more proof that the […]

Citicorp to layoff 700+ mortgage professionals a week before christmas.

According to Las Vegas news stations Citicorp, also known as Citibank, will be closing its mortgage lending division by the end of the 2013 year. That leaves 700+ (760 as first estimate) out of a job one week before Christmas. Citicorp is based out of New York, NY. The company made an announcement that stated […]

Round 4: Knockout Cancer for Candlelighters Kids

Round 4: Knockout Cancer for Candlelighters Kids Thursday, October 03, 2013 If you have ever wanted to see what the hype is all about when it comes to the UFC, Mixed Martial Arts and Boxing all mixed into one. Then you are definitely in luck. The fourth annual Round 4: Knockout Cancer for Candlelighters Kids […]

Mortgage rates are on the rise. Here is why:

Mortgage rates have seen historic lows due to a long running bull-market in bonds. Specifically mortgage backed securities. The demand has surpassed the supply and has caused interest rates to drop to the lowest rates in the last 10 years. As the demands start to be fulfilled, mortgage rates will start to go up. The […]

President Obama Reducing FHA Fees for Borrowers Seeking To Refinance

Las Vegas, Nv - In his State of the Union address, President Obama laid out a Blueprint for an America Built to Last, calling for action to help responsible borrowers and support a housing market recovery. While the government cannot fix the housing market on its own, the President believes that responsible homeowners should not […]

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