Mortgage rates for the Logan Utah Real Estate market are pretty incredible... 30 year fixed 4.875% (APR 4.944%)15 year fixed 4.25% (APR 4.322%)7/1 ARM 4.125% (APR 4.067%)5/1 ARM 3.75% (APR 3.622%) FHA 30 year fixed 5.0% (APR 5.556%)FHA 15 year fixed 4.375% (APR 4.725%)FHA 7/1 ARM 4.125% (APR 4.299%)FHA 5/1 ARM 3.875% (APR 4.122%) Rural Housing 30 year 5.25% (APR 5.622%)   If you have any questions about these rates or if you would like a personalized mortgage quote, call me at 435-755-2177. I look forward to exceeding your expectations. 05/10/2010

Logan Utah Real Estate Market Snapshot   The spring season is upon us in Logan and the market has been showing some great signs. Here are the most recent Logan Utah real estate market statistics as of April 14th, 2010. Logan Utah Active Listings: 291 Logan Homes Under Contract: 75 Sold Last 30 Days March 14 - April 14, 2010: 22 Average Price Per SQFT: $78.39   Logan Homes Sold Last 180 Days: 126 Logan Homes Sold Last 365 Days: 402   Sold Price Compared To List Price March: 92% Average Days On Market March: 167   Quarterly Comparison:      As we head into the spring season and into the summer, we are seeing quite a bit of activity. With the first time home buyer tax credit expiring on April 30th, the amount of under contracts in Logan has sky rocketed as of late. Just two weeks ago, ther... 04/14/2010

Information gathered from the Utah municipal energy audits in Logan in Cache County, Utah will be used to determine energy efficiency, retrofitting and weatherization projects using funds from the Energy Efficiency and Conservation Block Grants (EECBG). Retrofitting projects will include air infiltration, energy efficient windows and doors, insulation levels, weather-stripping and caulking, and electric base loads.   Using its EECBG formula funding to retrofit and improve the energy efficiency of a number of it's municipal buildings that will result in substantial reduction in energy usage. EECBG Formula grants can be used for energy efficiency and conservation programs and projects community wide, as well as renewable energy installations on local municipal buildings, city facilities, ... 04/12/2010

Having a great credit score has always been important if you are applying for a mortgage. For most loan programs it will determine how much you will pay for an interest rate. As a loan officer I always love doing mortgages for people who have great credit. Why you ask?  Because it makes my job so much easier. It takes me half the time to process a mortgage for a borrower with a 720 credit score than for someone with a 620 credit score. Because of this fact, my company, Wasatch Mortgage Solutions, of Logan, Utah has decided to reward borrowers with good credit with a new incentive program. We figure that if it takes us half the time to process a good credit mortgage than those borrowers should only pay half the closing costs. For all conventional loans, borrowers that have at least a 720... 04/09/2010

$142,900.00 - You don't want to miss this one!Location: Logan, UT4 bedrooms, 2 bathrooms, updated kitchen and baths, tankless water heater. New windows, new siding, newer roof, updated throughout, close to everything. Nothing left for you to do-Come see today! Buyer to verify all info.FeaturesBedrooms: 4Bathrooms: 2Parking Spaces: 2Year Built: 1970Lot Size: 0.15Garage Size: 2School District: LoganSquare Footage: 1668Agent Name: Lisa UdyBroker: Platinum Real Estate GroupMLS #: 947306Contact Information  Lisa Udy435-881-3022PricingPrice: $142,900.00Flexibility: NegotiableProperty Location465 W 550 N Logan, UT 84321View MapAttributesAppliancesRange/OvenFull RefrigeratorDishwasherSink DisposalInterior AmenitiesBasementExterior AmenitiesPatioFenced YardGrass LawnTool ShedPowered by vFlyer.co... 03/15/2010

The USDA issued this statement today regarding funds for their residential mortgage program... "This message is to notify you that program funding for the Single Family Housing Guaranteed Loan Program will likely be exhausted by the end of April, 2010. Once funding is exhausted, the Agency will not issue Conditional Commitments "subject to receipt of appropriated funds." This is because it is not certain when additional funding will be available." It's not like Rural Housing hasn't run out of money in the past. However, in the past they would issue "conditional commitments" meaning that the lender could still fund the loan and when Rural Housing got funding again they would "guarantee" the loan. What this means is that somebody who is going through the process of getting a Rural Housing... 03/10/2010

Logan Utah Real Estate Market Statistics For February 2010   In Logan Utah there are 259 currently active real estate listings on the Logan Utah MLS.  In Logan Utah there are currently 43 homes under contract. In January of 2010 there were 17 Logan Utah homes that sold. Those homes sold were on the market an average of 111 days and sold at an average price of $125,333 at an average of $75 a square foot.  Out of those 17 homes sold, all of them were sold for less then $200,000. Compare To 2009 In January 2009 there were a total of 15 Logan Utah homes sold.  Those homes sold were on the market an average of 97 days and sold at an average price of $155,000 at an average of $81 a square foot.  Out of those 15 homes sold 10 were under $200,000 and 5 were sold over $200,000.    HOME SALES PER... 02/09/2010

Photo Gallery Description and Features Great 3 bedroom, 1 bath, home in Smithfield Utah with a 1 car garage on .5 acres. Built in 1948, 1484 Sq. Ft. great condition, updated kitchen and bathroom, hardwood floors. Perfect for first time home buyers, must see. Bedrooms:3Bathrooms:1Parking Spaces:2Square Feet:1484Lot Size:.5Year Built:1948Floors:2MLS #:932369 Location Click to view map: 67 E 200 N Smithfield UT 84335 Links Logan Utah RealtorVirtual TourYou Tube VideoSmithfield Utah Real EstateListing Website 01/11/2010

Whenever I meet with a potential client, "What are your closing costs and interest rates?" is usually one of the first questions. It's a good question and one that I would answer even if it wasn't asked. The problem with this question is that it usually comes at the very beginning before I know anything about the individual, their credit scores, down payment, employment history, etc. The fact of the matter is that interest rates and closing costs are going to be different for everybody depending on the individual characteristics of their loan application. Characteristics such as credit, the loan amount compared to the value of the home, and the type of loan program (e.g. FHA, conventional, etc.) will affect the interest rate and closing costs. For example, somebody with a 740 credit sco... 01/06/2010

Search Logan Utah Homes By Map - Searching for homes in Logan Utah? Then you need to use our Google based map search to find the Logan home of your dreams. Searching by map allows you to gather much more information about a neighborhood then the usual list results based search of most websites out there.  To view Logan Utah homes for sale by map, just follow this link!    Here is a preview of what you will get when searching by map. Once you have narrowed down the area you want to search, just hover your mouse over the top of the little house icon on the map, and click to see more details of the property.  Which looks like this:   Click the pop up box and you will be redirected to the full details of the property including the days on the market, price changes, the history of the proper... 12/28/2009

My wife and I love sweets. We probably eat something sweet just about every day. We especially love ice cream and frozen yogurt. And so when Tummi Yummi's opened up in Logan, Utah, you could say we were more than ecstatic. There are a few good ice cream shops in town but nothing for frozen yogurt, which is like ice cream, but made in heaven. And the yogurt at Tummi Yummi's is amazing! Thus, I'd like to dedicate a blog post to this new business in Logan Utah called Tummi Yummi's. Let me just say that if you haven't been yet, you need to go because the frozen yogurt is delicious, the amount of toppings are limitless, and the atmosphere is awesome. With free WIFI, a 45 inch flat screen on every wall showing sporting events 24/7, and a comfortable lounge, it's a great place to just hang out... 12/18/2009

I closed a loan this week that made me love my job as a loan officer even more and I thought I should write a blog post about it.   For the past year the Jones family (names changed for obvious reasons) didn't think they could get a mortgage to consolidate some medical bills that they had because they had heard about how hard it was to obtain financing (Thank you media...not!) with their credit score which was below 700. The Jones were living paycheck to paycheck and dipping into their savings each month because of these other debts. Mr. Jones was stressed and Mrs. Jones was working more hours at work to make ends meat. These added stressed were making life much more difficult. They would have loved to do something but they were so convinced that they couldn't obtain financing that they... 12/15/2009

Mortgage Rates for the Logan Utah Real Estate market as of 12/10/2009 Conventional-30 year fixed 4.875% (APR 4.987%)-15 year fixed 4.25% (APR 4.366%)-7/1 ARM 4.25% (APR 4.177%)-5/1 ARM 3.625% (APR 3.554%) FHA30 year fixed 5.0% (APR 5.566%)15 year fixed 4.5% (5.143%) USDA Rural Housing30 year fixed 5.0% (APR 5.620%)   If you have any questions about these rates, please contact John Neil at 435-770-2709.Mort 12/10/2009

Interest rates for Logan, Utah are up a little bit today..   Conventional Loans: -30 year fixed 4.75% (APR 4.874%)-15 year fixed 4.25% (APR 4.355%)-7/1 ARM 4.125% (APR 4.0%)-5/1 ARM 3.625% (APR 3.544%) FHA Loans: -30 year fixed 4.875% (APR 5.344%)-15 year fixed 4.5% (APR 4.992%) USDA Rural Housing: 30 year fixed 5.0% (APR 5.433%)   Questions: 435-770-2709 12/09/2009

The profession of loan officer has been beaten up pretty badly in the media as of late. We were blamed for the sub-prime crisis and consequently much of the problems in the financial system. It's obvious now that there was some unscrupulous lending going on. Many of the loan programs that got borrowers into financial trouble are gone and I suppose that many of the dishonest loan officers are gone with those programs. Even with all the changes there are still some bad loan officers out there. But there are also some good ones. It can be hard to know who is who and whether a loan officer is going to provide great service or not. The following lists should help you know what to look for. A "good" loan officer should...      - Be available 24/7     - Ask a lot of questions about your situat... 12/03/2009

There were 41 Logan Utah homessold in the month of October.  That is the 3rd highest month for 2009 just behind June and August.  The Logan Utah real estate market still seems to be fairly steady.  In 2009, there was an average of 34 homes sold per month.  That may go down with the holiday slowdown in November and December.  In November 2008, Logan Utah had 31 homes sold.  We are on track to surpass that this month.   11/15/2009

The October price per square foot for Logan Utah Real Estateis $83.  That is slightly up from September's $82 and matches the yearly average at $83 per square foot.  The price per square foot has up and down this year depending on how many sales there have been.  When Logan Utah homesales are down like in February and March, the price per square foot seems to drop as well.  It's a good thing I listened to my Economics professor in college....     11/14/2009

I'm happy to announce that Shane Calder of Cornerstone Real Estate has been selected as MortgageLogan.com's Realtor of the month. Shane Calder is a true professional and Logan Utah is lucky to have him as a real estate agent. I had the opportunity to ask Shane a few questions about himself and real estate and this is what he had to say... 1.      Why did you choose Real Estate to make a career?Helping people buy or sell real estate is a huge responsibility.  I like the fact that you are helping people purchase something that they want.  You don't have to use shady salesman techniques to make someone purchase or sell a home.  They want to do it.  If I do my job, people are happy and that is the best reward in working in real estate.2.      What do you like about Real Estate? The real est... 11/13/2009

October was a good month for real estate in Logan Utah, the third best month of the year to be exact. For Cache County as a whole, we broke triple digits for the number of homes sold. Home sales were up by 10% compared with last month, and up by more than 6% compared with October of last year. From an analysis of the home sales statistics, it is obvious that a good number of the home buyers during October were first time home buyers who wanted to take advantage of the $8,000 first time buyer tax credit that was scheduled to expire at the end of the month. First time buyers generally by the smaller, less expensive Logan Homes. During the month we saw, the lowest average sold price in years, as well as the smallest average square footage per homes in over six years.  It's still a great ti... 11/04/2009

I have created a new website called Logan Utah Mortgages which I believe will be very useful for anyone looking to purchase a home or refinance an existing mortgage in Logan, Utah and surrounding areas. My hope is that I can provide information that will help somebody make a better informed decison about their mortgage. I appreciate any and all feedback, negative or positive. Let me know what you think!  Thanks in advance! 11/03/2009