Cleveland Real Estate News

I guess it depends on how it is spent. One thing I like seems to be something The Ohio Assn. of Mortgage Brokers likes too. That is the provision that calls for Federal monies to be available to lenders so lenders can renegotiate loans with clients and give them better interest rates. That all sounds [...]

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Most of my home buyer clients wistfully wish they had 20% of the price of the home they want to use as a down payment. Lots of reasons, but the main one is that once you can hit that 20% mark, you don’t have to tack on extra monthly PMI insurance  charges to your mortgage. [...]

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Okay first, an update on the American Reinvestment and Recovery portion of the Stimulus Package the President signed in Denver today. The home buying tax credit?  It’s still only for first time home buyers. But, it’s now officially $8000 instead of $7500. Yes I know it’s been bantered around for a few days now but my [...]

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