May 25, 2010 | Salt Lake City condos, Salt Lake City homes, Salt Lake City real estate
I just read two articles about Salt Lake City as a place to live and Salt Lake City foreclosed homes. According to the Salt Lake Tribune and Realty Trac, the number of home foreclosures in Salt Lake City is at it’s highest levels since the beginning of our...
May 17, 2010 | Interest Rates, Salt Lake City real estate
A client of mine locked her interest rate last Friday at 4.625% for a 30 year fixed rate conventional mortgage! That’s an amazing interest rate! If you’ve been waiting to lock your loan or are thinking about refinancing, you and your lender should be...
Apr 27, 2010 | Interest Rates, Salt Lake City condos, Salt Lake City homes, Salt Lake City real estate
At the end of March 2010, the Federal Reserve ended their policy of buying mortgage backed securities to keep mortgage rates low. I blogged about this on March 29, 2010. So far, this change in policy doesn’t appear to have affected interest rates. Rates are...
Apr 23, 2010 | Salt Lake City homes, Utah Homes
The Federal Tax Credit, up to $8,000 for First Time Home Buyers and $6,500 for Repeat Home Buyers, requires that you have a home under contract by April 30, 2010 and close on that home by June 30, 2010. So far I haven’t heard or read anything about an...
Mar 29, 2010 | Interest Rates
The Federal Reserve has been buying fixed rate mortgage backed securtities for over a year now and the program expires this week. This program has kept interest rates at historic lows hovering around 5% for a 30 year fixed rate residential mortgage. A mortgage...
