Winter is the best time to buy a home

The crowds shop for homes in the Spring and Summer in Northern climates like the Milwaukee area. Now is a better time to buy because there are fewer buyers. This means you save money on your purchase. There is less competition. In Spring there may be multiple offers on a single property. In Fall and Winter, often times, there still are multiple offers however there are fewer buyers trudging through the snow to look at homes. Your offer may look sweeter to the seller in the Winter. Why wait? If you were thinking of moving up, down or away now may be the time.

Elections Are Over

No more commercials about how I will create a bunch of jobs. Isn't that great? Time to save money and refinance. Ask about our no closing cost refinance. You will be glad you did. Call or email today. wisconsinmortgages@gmail.com

Mortgage Rates Hit Bottom

Mortgage rates fell to record lows. If you thought you refinanced for the last time re-think that program. Ask about our no closing cost refinance.

30 year mortgage at record lows

Mortgage rates continue to hover at historic lows. Rates have been low for 10 years but are as low now as they have ever been. If your mortgage is more than $125,000 and your rate is higher than 5.5% or so refinance now before it's too late.

We have seen some incredible purchase deals lately with buyers closing on homes tens of thousands under appraised value.

Tax credits have been extened for buyers under contract by April 30th who have not closed.

Underwriting may even be less stringent than a year ago but you still need to have everything the lender needs or you will not be able to take advantage of this opportunity. Consult a trusted mortgage advisor today.

Mortgage Rates Drop

Mortgage Rates dropped Thursday afternoon as the DOW tumbled. If you are thinking of refinancing your current mortgage or purchasing a new home now may be your opportunity.

What is a Locked Loan?

In the mortgage world a lock is a commitment to deliver a mortgage to the investor in a certain time frame at a certain rate. Purchases and refinances closing in the next 30-60 days when locked afford the customer protection against rising rates. Monday rates spiked upward quickly -they almost always rise faster than they fall- after reports that new home sales increased more than 8% in February. Buyers and consumers refinancing are protected against rising rates as long as they can close in the allotted time. Some lenders may play the float game. We don't recommend it. In this climate it is better to be locked on a rate than hope there will be a down tick where you can capitalize. Always work with an experienced professional. By the time you see it in the paper or hear it on the news it's too late. The smart money has locked.