"You scored a lot of points with us when you answered my specific questions straight up without any BS. I think other Realtors would have told us what they thought we wanted to hear." - Brad Rosser
"As a first-time homebuyer, I was nervous about the entire process. Step by step, Joe made it easy and fun. His expertise in the Columbus real estate market is a tremendous asset. He is highly recommended!" - Nicolette Horan
"I wanted to say thank you again, so much, for all your hard work. I know that you really put a lot of time into this transaction and I really, really appreciate it. I'm so happy I got the house and it all worked out and I just wanted to say thanks again, you did a great job and i really appreciate it. I will put that on the survey when they send it to me.
If there is ever anything I can do for you, please don't hesitate to give me a call. I will refer every single person I know to you. I'm going to go get my dog and we're going to sit on the floor of our new house and have a glass of champaign.
Thanks a lot Joe" -- Michael Mamp
They’re back people. A bad week of economic news often means a good week for Mortgage Interest Rates. I try not to name names here, but I saw 5.9% with no points this week from Third Federal.
Also, FHA is still accepting Nehemiah Grants as Down Payment Assistance from the seller through March 31, 2008. There has been press about the grant programs ending Oct. 31, 2007. At the present time, Nehemiah has an extension until March 31, 2008 and will be the only valid seller assisted program that we can use for FHA loans as down payment. I wonder if this means FHA won’t roll out there 100% financing until next year
Also, I heard this week that GMAC Mortgage has announced they are pulling all mortgage originations out of the state of Ohio. They will no longer accept applications for new loans.
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One Response to “5.9% Interest Rates on 30 Year Loans and other financing news”
They’re back people. A bad week of economic news often means a good week for Mortgage Interest Rates. I try not to name names here, but I saw 5.9% with no points this week from Third Federal.
Cyndee Haydon
October 30th, 2007
Joe – I’m always up for some good home mortgage news – thanks for the informative post. – Cyndee Haydon