Category Archives: Blog

A Home’s Cost vs. Price Explained

We have often talked about the difference between COST and PRICE. As a seller, you will be most concerned about ‘short term price’ – where home values are headed over the next six months. As either a first time or repeat buyer, you must not be concerned about price but instead about the ‘long term […]

Share Button
Also posted in Homebuyers, Interest Rates, Real Estate Agents | Comments Off on A Home’s Cost vs. Price Explained

10 Things Real Estate Pros Need to STOP Telling Themselves.

Read this GREAT article this morning and thought it was a perfect way to start off my Monday.  Eventhough I’m not a real estate agent but rather a mortgage lender, it all applies in one way or another.  Bottom line- We make our market and the quality of our “self-talk” has a lot to do […]

Share Button
Also posted in Uncategorized | Comments Off on 10 Things Real Estate Pros Need to STOP Telling Themselves.

NAR’s Existing Home Sales Report

Share Button
Also posted in Uncategorized | Comments Off on NAR’s Existing Home Sales Report

Can You Sell That? FHA Sets Minimum Property Standards For 2014

What Is An FHA Mortgage? The “FHA mortgage” is a bit of a misnomer. Technically, the loan should be called the FHA-insured mortgage. This is because the FHA is not a mortgage lender but, rather, an mortgage loan insurer.  FHA is an acronym for Federal Housing Administration. The agency was formed in 1934 to promote […]

Share Button
Also posted in Uncategorized | Comments Off on Can You Sell That? FHA Sets Minimum Property Standards For 2014

Predictions for 2014: Interest Rates Will Increase Significantly

 Most experts are calling for an increase in mortgage interest rates in 2014. However, we believe the increase will be more dramatic than is being projected. We believe rates will be closer to 6% than 5% by year’s end.

Share Button
Also posted in Uncategorized | Comments Off on Predictions for 2014: Interest Rates Will Increase Significantly

Housing Predictions for 2014: Sales Will Surge

Many housing pundits are calling for home sales to do slightly better in 2014 than they did in 2013. To the contrary, we strongly believe that home sales will skyrocket with increases of 10-15% in 2014. Here are the three categories of buyers we believe will create this strong demand.

Share Button
Also posted in Homebuyers, Homesellers, Real Estate Agents | Comments Off on Housing Predictions for 2014: Sales Will Surge

Waiting Period for a Repurchase When Dealing With a Past BK, Short Sale or Foreclosure

Conventional Financing: Bankruptcy (Ch 7 or Ch 11) – 4 years after discharge date Bankruptcy (Ch 13) – 2 years from discharge date or 4 years from dismissal date Foreclosure – 7 years 

Share Button
Also posted in Featured, Homebuyers, Real Estate Agents, Uncategorized | Tagged , , , , , , , | Comments Off on Waiting Period for a Repurchase When Dealing With a Past BK, Short Sale or Foreclosure

Mortgage Rates : Ready To Respond To The Federal Reserve?

The U.S. mortgage market worsened last calendar week for the first time in three weeks. Mortgage-backed bonds dropped on stronger-than-expected economic data both domestically and abroad.  Strong corporate earnings played a role, too, as the Fannie Mae 3.5% coupon slipped, leading conventional mortgage rates higher.  Mortgage rates for the 30-year fixed rate mortgage climbed slightly, […]

Share Button
Also posted in Featured, Homebuyers, Interest Rates, Real Estate Agents | Tagged , , , , , , | Comments Off on Mortgage Rates : Ready To Respond To The Federal Reserve?
  • Subscribe

    Enter your email address to subscribe to this blog and receive notifications of new posts by email.

  • About Michelle’s Blog

                Michelle Headshot

    Michelle Coolidge-Tondu is currently serving her mortgage clients as a Vice President, Sr. Loan Originator and Certified Underwriter with over 25 years in the mortgage industry. Her passion for her profession has resulted in her achieving the ranking of Top 100 Originator in the Nation, among numerous industry achievement awards and recognitions. One of the attributing factors to Michelle's success is her dedication to remaining your trusted source for mortgage and real estate information, as well as fast and accurate pre-approvals. As Michelle reads program guidelines, updates, various blogs, and other related information, she passes on the most important information to you through this site. This site is designed to help educate home buyers, home refinancers and real estate agents on the current happening of the mortgage and real estate industry.

  • Share

    Share Button