Learn more about loan modification and Refinance Plus from Quicken Loans at www.quickenloans.com The government’s Making Home Affordable Plan is aimed at ending the foreclosure problems facing our country. Starting now, millions of Americans may be eligible for refinancing or loan modification and you should talk to a mortgage banker right away to find out if you qualify. If you’re one of the millions of homeowners who has made your mortgage payments on time, then the government’s plan is great news for you! Refinance Plus - a streamlined refinance process, can now help several million homeowners to refinance to a lower fixed rate and payment - even if you couldn’t qualify because of low home values and lack of equity. And most importantly, lower credit may not be a problem! Here’s how it works: The message of the plan is clear - the government wants American homeowners to take advantage of historically low mortgage rates. In fact, a third of the money the government dedicated to keep rates low has already been spent. At this point, waiting any longer could cost you money. We’ll work with you to determine your home’s value, your equity and what kind of new loan you need. This is fantastic news for nearly 5 million people who couldn’t previously refinance under traditional guidelines. It’s that simple. Were also getting some Questions about Loan Modification. Loan modifications were intended solely to protect homeowners from foreclosure, and to stop the decline of property …
Learn more about loan modification and Refinance Plus from Quicken Loans at www.quickenloans.com The government’s Making Home Affordable Plan is aimed at ending the foreclosure problems facing our country. Starting now, millions of Americans may be eligible for refinancing or loan modification and you should talk to a mortgage banker right away to find out if you qualify. If you’re one of the millions of homeowners who has made your mortgage payments on time, then the government’s plan is great news for you! Refinance Plus - a streamlined refinance process, can now help several million homeowners to refinance to a lower fixed rate and payment - even if you couldn’t qualify because of low home values and lack of equity. And most importantly, lower credit may not be a problem! Here’s how it works: The message of the plan is clear - the government wants American homeowners to take advantage of historically low mortgage rates. In fact, a third of the money the government dedicated to keep rates low has already been spent. At this point, waiting any longer could cost you money. We’ll work with you to determine your home’s value, your equity and what kind of new loan you need. This is fantastic news for nearly 5 million people who couldn’t previously refinance under traditional guidelines. It’s that simple. Were also getting some Questions about Loan Modification. Loan modifications were intended solely to protect homeowners from foreclosure, and to stop the decline of property …
Market Update with Kenn Renner and Kenton Brown - Austin Home Prices & Interest Rates Going Up? Transcript: Kenn Renner: We talked a little bit about you cant really see the timing when it comes to real estate. You only see the turn, and thats actually when you have to jump in and get in and get our buyers to get off the shelf. Kenton Brown: Well, and speaking of market timing, its kind of interesting because the graph kind of looks like a smiley face with a line through it. People never actually know that its turned until after the fact. Its historical. So I looked at some analysis just out of curiosity. Since rates have gone up a half to three quarter percent recently, I started to look at how that affected buying power. Every half percent represented somewhere between $7500 and $8000 of buying power on a $150000 house, which is what I used as a benchmark because thats the typical price range for a first time homebuyer. So when you start to look at where rates were just as recent as November of last year, rates were about 6.25% to 6.5%. So each percent in rate is representing roughly $13000 to $15000 of buying power. I think people are starting to see that rates arent going to 4% any more because the mechanics arent there and theres only a certain amount of demand in mortgage backed securities, which is what is driving the lower rates. So were in a perfect situation right now where rates are tremendously low at 5.25% to 5.5%. Theres still a good amount of inventory out …
Learn more about loan modification and Refinance Plus from Quicken Loans at www.quickenloans.com The government’s Making Home Affordable Plan is aimed at ending the foreclosure problems facing our country. Starting now, millions of Americans may be eligible for refinancing or loan modification and you should talk to a mortgage banker right away to find out if you qualify. If you’re one of the millions of homeowners who has made your mortgage payments on time, then the government’s plan is great news for you! Refinance Plus - a streamlined refinance process, can now help several million homeowners to refinance to a lower fixed rate and payment - even if you couldn’t qualify because of low home values and lack of equity. And most importantly, lower credit may not be a problem! Here’s how it works: The message of the plan is clear - the government wants American homeowners to take advantage of historically low mortgage rates. In fact, a third of the money the government dedicated to keep rates low has already been spent. At this point, waiting any longer could cost you money. We’ll work with you to determine your home’s value, your equity and what kind of new loan you need. This is fantastic news for nearly 5 million people who couldn’t previously refinance under traditional guidelines. It’s that simple. Were also getting some Questions about Loan Modification. Loan modifications were intended solely to protect homeowners from foreclosure, and to stop the decline of property …
Learn more about loan modification and Refinance Plus from Quicken Loans at www.quickenloans.com The government’s Making Home Affordable Plan is aimed at ending the foreclosure problems facing our country. Starting now, millions of Americans may be eligible for refinancing or loan modification and you should talk to a mortgage banker right away to find out if you qualify. If you’re one of the millions of homeowners who has made your mortgage payments on time, then the government’s plan is great news for you! Refinance Plus - a streamlined refinance process, can now help several million homeowners to refinance to a lower fixed rate and payment - even if you couldn’t qualify because of low home values and lack of equity. And most importantly, lower credit may not be a problem! Here’s how it works: The message of the plan is clear - the government wants American homeowners to take advantage of historically low mortgage rates. In fact, a third of the money the government dedicated to keep rates low has already been spent. At this point, waiting any longer could cost you money. We’ll work with you to determine your home’s value, your equity and what kind of new loan you need. This is fantastic news for nearly 5 million people who couldn’t previously refinance under traditional guidelines. It’s that simple. Were also getting some Questions about Loan Modification. Loan modifications were intended solely to protect homeowners from foreclosure, and to stop the decline of property …
Market Update with Kenn Renner and Kenton Brown - Austin Home Prices & Interest Rates Going Up? Transcript: Kenn Renner: We talked a little bit about you cant really see the timing when it comes to real estate. You only see the turn, and thats actually when you have to jump in and get in and get our buyers to get off the shelf. Kenton Brown: Well, and speaking of market timing, its kind of interesting because the graph kind of looks like a smiley face with a line through it. People never actually know that its turned until after the fact. Its historical. So I looked at some analysis just out of curiosity. Since rates have gone up a half to three quarter percent recently, I started to look at how that affected buying power. Every half percent represented somewhere between $7500 and $8000 of buying power on a $150000 house, which is what I used as a benchmark because thats the typical price range for a first time homebuyer. So when you start to look at where rates were just as recent as November of last year, rates were about 6.25% to 6.5%. So each percent in rate is representing roughly $13000 to $15000 of buying power. I think people are starting to see that rates arent going to 4% any more because the mechanics arent there and theres only a certain amount of demand in mortgage backed securities, which is what is driving the lower rates. So were in a perfect situation right now where rates are tremendously low at 5.25% to 5.5%. Theres still a good amount of inventory out …
Market Update with Kenn Renner and Kenton Brown - Austin Home Prices & Interest Rates Going Up? Transcript: Kenn Renner: We talked a little bit about you cant really see the timing when it comes to real estate. You only see the turn, and thats actually when you have to jump in and get in and get our buyers to get off the shelf. Kenton Brown: Well, and speaking of market timing, its kind of interesting because the graph kind of looks like a smiley face with a line through it. People never actually know that its turned until after the fact. Its historical. So I looked at some analysis just out of curiosity. Since rates have gone up a half to three quarter percent recently, I started to look at how that affected buying power. Every half percent represented somewhere between $7500 and $8000 of buying power on a $150000 house, which is what I used as a benchmark because thats the typical price range for a first time homebuyer. So when you start to look at where rates were just as recent as November of last year, rates were about 6.25% to 6.5%. So each percent in rate is representing roughly $13000 to $15000 of buying power. I think people are starting to see that rates arent going to 4% any more because the mechanics arent there and theres only a certain amount of demand in mortgage backed securities, which is what is driving the lower rates. So were in a perfect situation right now where rates are tremendously low at 5.25% to 5.5%. Theres still a good amount of inventory out …
Learn more about loan modification and Refinance Plus from Quicken Loans at www.quickenloans.com The government’s Making Home Affordable Plan is aimed at ending the foreclosure problems facing our country. Starting now, millions of Americans may be eligible for refinancing or loan modification and you should talk to a mortgage banker right away to find out if you qualify. If you’re one of the millions of homeowners who has made your mortgage payments on time, then the government’s plan is great news for you! Refinance Plus - a streamlined refinance process, can now help several million homeowners to refinance to a lower fixed rate and payment - even if you couldn’t qualify because of low home values and lack of equity. And most importantly, lower credit may not be a problem! Here’s how it works: The message of the plan is clear - the government wants American homeowners to take advantage of historically low mortgage rates. In fact, a third of the money the government dedicated to keep rates low has already been spent. At this point, waiting any longer could cost you money. We’ll work with you to determine your home’s value, your equity and what kind of new loan you need. This is fantastic news for nearly 5 million people who couldn’t previously refinance under traditional guidelines. It’s that simple. Were also getting some Questions about Loan Modification. Loan modifications were intended solely to protect homeowners from foreclosure, and to stop the decline of property …
Market Update with Kenn Renner and Kenton Brown - Austin Home Prices & Interest Rates Going Up? Transcript: Kenn Renner: We talked a little bit about you cant really see the timing when it comes to real estate. You only see the turn, and thats actually when you have to jump in and get in and get our buyers to get off the shelf. Kenton Brown: Well, and speaking of market timing, its kind of interesting because the graph kind of looks like a smiley face with a line through it. People never actually know that its turned until after the fact. Its historical. So I looked at some analysis just out of curiosity. Since rates have gone up a half to three quarter percent recently, I started to look at how that affected buying power. Every half percent represented somewhere between $7500 and $8000 of buying power on a $150000 house, which is what I used as a benchmark because thats the typical price range for a first time homebuyer. So when you start to look at where rates were just as recent as November of last year, rates were about 6.25% to 6.5%. So each percent in rate is representing roughly $13000 to $15000 of buying power. I think people are starting to see that rates arent going to 4% any more because the mechanics arent there and theres only a certain amount of demand in mortgage backed securities, which is what is driving the lower rates. So were in a perfect situation right now where rates are tremendously low at 5.25% to 5.5%. Theres still a good amount of inventory out …
Learn more about loan modification and Refinance Plus from Quicken Loans at www.quickenloans.com The government’s Making Home Affordable Plan is aimed at ending the foreclosure problems facing our country. Starting now, millions of Americans may be eligible for refinancing or loan modification and you should talk to a mortgage banker right away to find out if you qualify. If you’re one of the millions of homeowners who has made your mortgage payments on time, then the government’s plan is great news for you! Refinance Plus - a streamlined refinance process, can now help several million homeowners to refinance to a lower fixed rate and payment - even if you couldn’t qualify because of low home values and lack of equity. And most importantly, lower credit may not be a problem! Here’s how it works: The message of the plan is clear - the government wants American homeowners to take advantage of historically low mortgage rates. In fact, a third of the money the government dedicated to keep rates low has already been spent. At this point, waiting any longer could cost you money. We’ll work with you to determine your home’s value, your equity and what kind of new loan you need. This is fantastic news for nearly 5 million people who couldn’t previously refinance under traditional guidelines. It’s that simple. Were also getting some Questions about Loan Modification. Loan modifications were intended solely to protect homeowners from foreclosure, and to stop the decline of property …
Market Update with Kenn Renner and Kenton Brown - Austin Home Prices & Interest Rates Going Up? Transcript: Kenn Renner: We talked a little bit about you cant really see the timing when it comes to real estate. You only see the turn, and thats actually when you have to jump in and get in and get our buyers to get off the shelf. Kenton Brown: Well, and speaking of market timing, its kind of interesting because the graph kind of looks like a smiley face with a line through it. People never actually know that its turned until after the fact. Its historical. So I looked at some analysis just out of curiosity. Since rates have gone up a half to three quarter percent recently, I started to look at how that affected buying power. Every half percent represented somewhere between $7500 and $8000 of buying power on a $150000 house, which is what I used as a benchmark because thats the typical price range for a first time homebuyer. So when you start to look at where rates were just as recent as November of last year, rates were about 6.25% to 6.5%. So each percent in rate is representing roughly $13000 to $15000 of buying power. I think people are starting to see that rates arent going to 4% any more because the mechanics arent there and theres only a certain amount of demand in mortgage backed securities, which is what is driving the lower rates. So were in a perfect situation right now where rates are tremendously low at 5.25% to 5.5%. Theres still a good amount of inventory out …
Market Update with Kenn Renner and Kenton Brown - Austin Home Prices & Interest Rates Going Up? Transcript: Kenn Renner: We talked a little bit about you cant really see the timing when it comes to real estate. You only see the turn, and thats actually when you have to jump in and get in and get our buyers to get off the shelf. Kenton Brown: Well, and speaking of market timing, its kind of interesting because the graph kind of looks like a smiley face with a line through it. People never actually know that its turned until after the fact. Its historical. So I looked at some analysis just out of curiosity. Since rates have gone up a half to three quarter percent recently, I started to look at how that affected buying power. Every half percent represented somewhere between $7500 and $8000 of buying power on a $150000 house, which is what I used as a benchmark because thats the typical price range for a first time homebuyer. So when you start to look at where rates were just as recent as November of last year, rates were about 6.25% to 6.5%. So each percent in rate is representing roughly $13000 to $15000 of buying power. I think people are starting to see that rates arent going to 4% any more because the mechanics arent there and theres only a certain amount of demand in mortgage backed securities, which is what is driving the lower rates. So were in a perfect situation right now where rates are tremendously low at 5.25% to 5.5%. Theres still a good amount of inventory out …
Learn more about loan modification and Refinance Plus from Quicken Loans at www.quickenloans.com The government’s Making Home Affordable Plan is aimed at ending the foreclosure problems facing our country. Starting now, millions of Americans may be eligible for refinancing or loan modification and you should talk to a mortgage banker right away to find out if you qualify. If you’re one of the millions of homeowners who has made your mortgage payments on time, then the government’s plan is great news for you! Refinance Plus - a streamlined refinance process, can now help several million homeowners to refinance to a lower fixed rate and payment - even if you couldn’t qualify because of low home values and lack of equity. And most importantly, lower credit may not be a problem! Here’s how it works: The message of the plan is clear - the government wants American homeowners to take advantage of historically low mortgage rates. In fact, a third of the money the government dedicated to keep rates low has already been spent. At this point, waiting any longer could cost you money. We’ll work with you to determine your home’s value, your equity and what kind of new loan you need. This is fantastic news for nearly 5 million people who couldn’t previously refinance under traditional guidelines. It’s that simple. Were also getting some Questions about Loan Modification. Loan modifications were intended solely to protect homeowners from foreclosure, and to stop the decline of property …
Learn more about loan modification and Refinance Plus from Quicken Loans at www.quickenloans.com The government’s Making Home Affordable Plan is aimed at ending the foreclosure problems facing our country. Starting now, millions of Americans may be eligible for refinancing or loan modification and you should talk to a mortgage banker right away to find out if you qualify. If you’re one of the millions of homeowners who has made your mortgage payments on time, then the government’s plan is great news for you! Refinance Plus - a streamlined refinance process, can now help several million homeowners to refinance to a lower fixed rate and payment - even if you couldn’t qualify because of low home values and lack of equity. And most importantly, lower credit may not be a problem! Here’s how it works: The message of the plan is clear - the government wants American homeowners to take advantage of historically low mortgage rates. In fact, a third of the money the government dedicated to keep rates low has already been spent. At this point, waiting any longer could cost you money. We’ll work with you to determine your home’s value, your equity and what kind of new loan you need. This is fantastic news for nearly 5 million people who couldn’t previously refinance under traditional guidelines. It’s that simple. Were also getting some Questions about Loan Modification. Loan modifications were intended solely to protect homeowners from foreclosure, and to stop the decline of property …
Market Update with Kenn Renner and Kenton Brown - Austin Home Prices & Interest Rates Going Up? Transcript: Kenn Renner: We talked a little bit about you cant really see the timing when it comes to real estate. You only see the turn, and thats actually when you have to jump in and get in and get our buyers to get off the shelf. Kenton Brown: Well, and speaking of market timing, its kind of interesting because the graph kind of looks like a smiley face with a line through it. People never actually know that its turned until after the fact. Its historical. So I looked at some analysis just out of curiosity. Since rates have gone up a half to three quarter percent recently, I started to look at how that affected buying power. Every half percent represented somewhere between $7500 and $8000 of buying power on a $150000 house, which is what I used as a benchmark because thats the typical price range for a first time homebuyer. So when you start to look at where rates were just as recent as November of last year, rates were about 6.25% to 6.5%. So each percent in rate is representing roughly $13000 to $15000 of buying power. I think people are starting to see that rates arent going to 4% any more because the mechanics arent there and theres only a certain amount of demand in mortgage backed securities, which is what is driving the lower rates. So were in a perfect situation right now where rates are tremendously low at 5.25% to 5.5%. Theres still a good amount of inventory out …
