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RECENT BLOG POSTS
Improvements to the Veteran's Affair ARM Loan Program The VA has reinstated Adjustable Rate Mortgages (ARM), which allow interest rates to fluctuate with a specified index over the course of the mortgage. Adjustable Rate Mortgages feature annual interest rate adjustments. Interest rate adjustmen...
09/02/2011
Has housing turned the corner for good? The June 2011 Case-Shiller Index reading posted strong numbers across the board, with each of the index’s 20 tracked markets showing home price improvement from May. Some markets — Chicago and Minneapolis — rose as much as 3.2 percent. The rise in values i...
09/02/2011
If you’re shopping for a San Antonio Home and to lock a San Antonio Mortgage rate, today may be a good day to lock one down. That’s because Friday morning, the Bureau of Labor Statistics will release its Non-Farm Payrolls report for August 2011. The “jobs report” tends to have a big influence on...
09/01/2011
  After 3 straight months of gains, the Pending Home Sales Index slipped 1 percent in July. The monthly report is published by the National Association of REALTORS® and measures the number of home under contract to sell nationwide. The Pending Home Sales Index is closely watched by Wall Street a...
08/31/2011
Texas Veteran Loans Daryl Mitchell 210-326-5545 Legacy Mutual Mortgage NMLS 221138The State of Texas has a long history of honoring it's veterans and that tradition continues today with the programs offered by the Texas Veterans Land Board. Through the TVLB, Texas veterans have access to the most...
08/26/2011
San Antonio, Texas, founded in 1731, is the second largest city in the already larger than life state of Texas. In the 2007 census, its population was over 1.2 million, and it was considered the 4th fastest-growing large city in the United States from 2000 - 2006. The famous Alamo is housed in th...
08/25/2011
Refinancing a Texas Super Jumbo are loans that are typically over $680,000. They are most common but not limited to luxury properties like estates, hi-rise condos, penthouses, condo-tels and beach front properties. Super Jumbo Loans is any loan for 1 million or more. Although, they are an increas...
08/25/2011
        San Antonio Jumbo mortgages are used to purchase high-priced homes that require larger than normal loans. While they're convenient, they also charge slightly higher interest rates. Since the dollar amount that defines a jumbo mortgage is redefined each year, it's subject to change. Bigger...
08/25/2011
CNNMoney recently released its Best Places To Live 2011 list. The annual survey is based on data from Onboard Informatics. Using Quality of Life factors such as education, crime and "town spirit", and focusing on towns with between 8,500 and 50,000 residents, the CNNMoney survey ranks the country...
08/25/2011
Sales of newly-built San Antonio homes slipped in July, falling 1 percent as compared to June. San Antonio Home buyers opportunities are shrinking. National homes closed on a seasonally-adjusted, annualized 298,000 units, the lowest reading since February. The supply of San Antonio new homes, ho...
08/24/2011
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DarylMitchell

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