David Lukas's (dalukas) Blog

When you complete your mortgage loan application, federal law requires that the lender you apply with provide you a document called a Good Faith Estimate (GFE). Heath and David spend the entire show talking about this topic. Click on the play button below. Tune in, Listen and Learn............. R...

When you apply for a mortgage, by federal law, you will receive a document called the Federal Truth-In-Lending disclosure. This one document includes something called APR. (Annual Percentage Rate). Without a doubt APR confuses consumers more than any other document included in the required mortg...

We all hear that it's a buyer's market. What does this really mean? Learn one of the most overlooked factors many home sellers overlook. Many that are selling plan on buying another home. There is just one caveat, they can't buy their new home until they sell their current one. What is the true ...

The fiscal responsibility of a homeowner -- in Arkansas and everywhere else -- extends beyond the mortgage's basic principal and interest repayments. Homeowners are also responsible for the real estate taxes on the home and its insurance premiums, too. Failure to pay taxes can lead to foreclosure...

Mortgage markets worsened last week for the first time in 6 weeks last week. Investors were pleased with corporate earnings reports and the European bank stress tests results. Stocks gained on the news, and bonds lost. Mortgage rates rose last week, but only slightly. Rate are still hovering nea...

Click on the player below to listen to our The Family Home Show's first show on KARN. Good information no matter where you live. Listen and learn.............

According to Freddie Mac, mortgage rates made new all-time lows this week and the good news is that rates look poised to fall even more. Since the Federal Reserve's release of its June 2010 meeting minutes Wednesday, mortgage rates are dipping even more and one of the main reasons why is because ...

As 2009 was ending, the "experts" were busy making forecasts about the U.S. economy and what to expect in 2010. With respect to the housing markets, two predictions were made again and again: Home prices would fall in the first half of 2010 Mortgage rates would be higher in 2010 Well, it's July 1...

All day, every day, conforming and FHA mortgage rates in Arkansas are in flux.  Rates move in response to hundreds of factors which exact varying levels of influence. Among the biggest influences on mortgage rates is inflation.  When inflation is unexpectedly high, mortgage rates tend to rise qui...

Mortgage markets improved last week in response to mostly negative data about the U.S. economy, and the Federal Reserve's acknowledgement that Eurozone financial ills could cross the Atlantic. Conforming and FHA mortgage rates fell last week, extending a rate rally that dates to early-April.  Mor...