Mortgage Loans Category

Inventory Down, Interest Rates and Prices Up: U.S. Housing Market Heats Up

by Joel Carson President/Principal Broker Utah Real Estate SLBR 2012 ‘Salesperson of the Year’ The national housing market is getting stronger as potential buyers keep their eyes on interest rates destined to climb higher. If you’re shopping for a Salt Lake City home for sale, don’t wait until the market rebounds completely or you’ll end […]

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Utah Home Buyer Game Changer

New mortgage rules could affect your Salt Lake home purchase. by Joel Carson President/Principal Broker Utah Real Estate P.C. New rules outlined by the Consumer Financial Protection Bureau (CFPB) today are designed to protect mortgage borrowers by reducing risky loans. The rules are also designed to make it easier for borrowers to understand loan terms […]

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Thinking of Buying a Utah Home for Sale?

Keep Track of America’s Unemployment Rate by Joel Carson President/Principal Broker Utah Real Estate P.C. Throughout the United States’ economic crisis and housing market crash, we’ve watched mortgage rates drop to new lows consistently. An announcement by the Federal Open Market Committee (FOMC) this week could change all that sooner than later. In its last […]

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Are Lending Standards Too Tight?

Will you be able to get a loan for your new Utah home? by Joel Carson Yeah, okay – it’s prudent to give home loans only to those who can (and will) repay them. It’s also reasonable to look at our recent financial crisis and agree mortgage standards became too lax for our nation’s economic health. […]

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Start Your Utah Home Loan File Now

by Joel Carson Whether you’re shopping for your first Utah home loan or are an experienced investor, your loan profile is more important than ever before. A well-organized loan file initiated by you is a valuable asset – particularly since the recent mortgage crisis. FannieMae and FreddieMac are coming down hard on mortgage underwriters who approve “bad […]

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