Wachovia Bank Losses Forces Game Playing

Wachovia today reported losses of over $8 Billion, well beyond any analyst’s expectation. With most of Wachovia’s losses coming from the mortgage market, which I would assume was made even worse by the purchase of Golden West…

Posted in Commentary, Mortgages No Comments »

Question:
I went through bankruptcy back in January and wonder now what chances, if any, I have to get a home. This may be completely fruitless at this time, but I would like to set some stepping stones so that I would know…

Posted in Buying a Home, Credit Tips, Mortgages No Comments »

If you have had some credit issues and are on the fence about buying a home, now is the time to act! While there are still lenders willing to look at less than perfect credit and accept minimal downpayments, you need to act now! Forget what the media is selling. The real estate and mortgage market in Charlotte is still attractive and strong! But if you wait until all the “smoke clears” you may be left sitting out in the cold!

Posted in Buying a Home, Credit Tips, Mortgages, Refinance No Comments »

Ed Nailor, Charlotte Mortgage Lender, Out of Office July 11

On Friday, July 11, 2008 I will be out of the office and unavailable. I will be having wisdom teeth removed and will be on pain meds most of the day afterwards.…

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Mortgage Rates for Charlotte mortgages get better

Today we actually saw an improvement in
mortgage rates for the Charlotte mortgage market. For the past few weeks we have consistently seen
mortgage rates in Charlotte erode. However, today there was some improvement which…

Posted in Buying a Home, Mortgages, Refinance No Comments »