What’s Ahead For Mortgage Rates This Week : October 31, 2011

The Government’s Revamped HARP Program For Underwater Homeowners

The Federal Home Finance Agency announced big changes to its Home Affordable Refinance Program Monday. More commonly called HARP, the Home Affordable Refinance Program is meant to give “underwater homeowners” opportunity to refinance. With average, 30-year fixed rate mortgages still hovering near 4.000 percent, there are more…

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Despite 18% Contract Failure Rate, Home Resales Stay Strong

Despite fewer homes for sale nationwide, the number of home resales remains steady. According to data from the National Association of REALTORS®, on a seasonally-adjusted, annualized basis, September’s Existing Home Sales eased by 150,000 units, falling to 4.91 million units nationwide. An “existing home” is a home that’s…

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What’s Ahead For Mortgage Rates This Week : October 16, 2011

Mortgage bonds suffered through another tough week last week as rising optimism that Eurozone leaders will “rescue” Greece plus stronger-than-expected economic data in the U.S. led bonds lower for the second straight week. Conforming and FHA mortgage rates in AZ moved sharply higher. After reaching…

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Should I Refinance My Home?

With mortgage rates at all-time lows, you may be asking “Is now a good time to refinance?”. This short interview from NBC’s The Today Show offers good insight. Refinancing a mortgage is about more than just “low rates”. For example, there are costs associated with…

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What’s Ahead For Mortgage Rates This Week : October 3, 2011

Mortgage markets deteriorated last week as optimism for a Greek rescue package increased, and as U.S. consumers showed that, despite falling income levels, spending will not be slowed. As reported by the government, household income dropped in August, falling 0.1 percent and marking the first monthly…

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Safari Drive Home of the Week

Safari Drive is offering a new “Home of the Week”!   This home is our gorgeous model on the 3th floor that has a beautiful view facing West with city and mountain views. This model is a custom designed single level floor plan. Very spacious with almost 1,500 sq. ft.,  2 bedrooms, 2.5 baths, and a nice…

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