Louisville Home Sales at Six Year High. LOUISVILLE, Ky. -- Homes sales in Louisville and the surrounding area, continue to do well. The Greater Louisville Association of Realtors has released year to date figures showing the number of homes sold, and the average sale prices, are both at six year highs. Association President Paul … Continue reading Louisville Home Sales at Six Year High
Mortgage Rates Surge to 2-Year High
Mortgage Rates Surge to 2-Year High. 30-year fixed-rate mortgages: averaged 4.58 percent, with an average 0.8 point, rising from last week’s 4.40 percent average. A year ago at this time, 30-year rates averaged 3.66 percent. 15-year fixed-rate mortgages: averaged 3.60 percent, with an average 0.7 point, rising from last week’s 3.44 percent. Last year at this … Continue reading Mortgage Rates Surge to 2-Year High
Kentucky VA Loan Limits for 2013
Kentucky VA Loan Limits for 2013. via Kentucky VA Loan Limits for 2013. VA Loan Eligibility What is the VA Loan entitlement? Veterans, service members and others who qualify have what is called an entitlement, which is basically a promise from the Department of Veterans Affairs to provide a financial guaranty on a mortgage issued by one … Continue reading Kentucky VA Loan Limits for 2013
Where to Get the Best Mortgage Rates – 4 Things You Need to Know
Where to Get the Best Mortgage Rates - 4 Things You Need to Know. To properly answer this question (Where can I get the best mortgage rates?), we must address four different factors. Each of these factors can affect the rate you receive from a lender: Types of home loans (ARM vs. fixed) Credit unions … Continue reading Where to Get the Best Mortgage Rates – 4 Things You Need to Know
FHA Facts…
FHA Facts.... via FHA Facts.... acts you probably didn’t know about FHA loans Traditionally FHA mortgages were used to help first time home buyers with non-traditional credit backgrounds. However FHA mortgages have increased in popularity over the last few years. The low 3.5% down payment has helped buyers with limited savings to get into a … Continue reading FHA Facts…
Kentucky First-Time Home Buyer Programs | USDA, FHA, VA & KHC Loans 