Bozeman Real Estate

 B-I-G mortgages High-end home buyers are being motivated by low interest rates to up their mortgages at rates seen during the housing boom. On loans bigger than $417,000, the average rate on a 30-year mortgage is 5.15%. Two years ago, this same mortgage would have had a 6.41% rate. If the math is done-this means payment on a ...

As a Consumer, do YOU Understand Your Mortgage?Zillow Mortgage Marketplace recently conducted a survey with results indicating home buyers may not fully understand the basic ideas behind real estate mortgages. Zillow Mortgage Marketplace Director, Erin Lantz, noted that, "Most people wouldn't jump out of a plane if they didn't know ...

FHA-Backed Loans Make Sense; It’s Congress’ Whims that are NonsensicalDoes your credit score fall below the 640 to 650 range? If so, good luck getting a home mortgage or refinance through traditional lending channels. Since the housing market crashed in 2008, lenders have tightened their belts and turned away borrowers who have ...

Testimony in a New Jersey foreclosure case decided last week may spell big trouble for Bank of America (BAC). If what one bank employee said on the stand proves to be accurate, paperwork problems it acquired when it purchased the failing mortgage provider Countrywide in 2008 could leave BofA on the hook for billions of dollars. Linda DiMartini, a ...

More Than One In Three Say It's Okay To Walk Away From Mortgageby Broderick PerkinsThe majority of Americans, say it's "unacceptable" for homeowners to stop making their mortgage payments and abandon their homes, but more than a third, 36 percent, say "walking away" is okay.A Pew Research Center study found ...

Pet Odor Can Chase Away Buyers Don’t let pet odors derail your home sale. Read Dos and Don’ts of Homebuyer Incentives Homebuyer incentives can be smart marketing or a waste of money. Find out when and how to use them. Read What Affects Credit Scores? 7 Misconceptions If you’re trying to raise your credit score to get a good rate ...

As new products come on the market, they are not automatically as consumer-friendly as they are portrayed. Some are created to fall under categories not covered by existing consumer protection. They're still legal, but the differences are not necessarily readily apparent to consumers. Can you see what you might misunderstand? For ...

Mortgage Rates Amazingly Low, Continue to Fall by Ed Ferrara30-year fixed mortgage rates are now at 4% for well-qualified borrowers who pay .07 to 1 point origination shows FreeRateUpdate.com research of wholesale lenders' interest rate sheets. 15-year fixed mortgage rates are at 3.5%. Both fixed mortgage rates, which continue to decline, are ...

Article From BuyAndSell.HouseLogic.com By: G. M. Filisko Published: March 11, 2010____________________________________________________________________By knowing how much mortgage you can handle, you can ensure that home ownership will fit in your budget.Homeownership should make you feel safe and secure, and that includes financially. Be sure ...

Taxpayers Seeking Homebuyer Tax Credits, Refunds Must File Paper  Homeowners filing for the home buyer tax credit are not allowed to use electronic filing and must file hard copies due to special documentation requirements. Earlier this year, the Internal Revenue Service (IRS) deployed new home buyer tax credit forms and instructions ...