Entries Categorized as 'Mortgages'
July 1, 2008
Attention Charlotte Home Owners: If you are considering a potential mortgage refinance in the Charlotte NC area, you should act now! Charlotte refinance mortgage rates are still very low!
Charlotte home owners are refinancing their mortgages in large numbers! With so many people deciding to stay in their…
Posted in Mortgages, Refinance
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July 1, 2008

No More Pick a Payment for Wachovia
It appears that Charlotte NC based Wachovia could no longer handle the negative press. They have officially dropped the Pick A Payment product from their mortgage portfolio. After spending all the time and money in buying (and…
Posted in Buying a Home, Mortgages, Refinance
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July 1, 2008
Banking on Bank of America could Cost You
Charlotte Realtors… If you currently count on Bank of America for majority of your Charlotte mortgage needs, you may want to start looking around a bit. With the aquisition of Countrywide, you should expect to…
Posted in Buying a Home, Commentary, Mortgages
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June 21, 2008
This past Thursday, I was interviewed by Julie Rose, reporter with WFAE 90.7 FM, an affiliate of NPR (National Public Radio) here in Charlotte NC. Julie Rose was doing a story on Wachovia’s Pick A Pay mortgage loan and wanted to ask me…
Posted in Mortgages
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June 19, 2008
FHA “Flipping” Rule Has Been Waived
June 9, 2008: FHA’s Assistant Secretary for Housing - Federal Housing Commissioner, Brian D. Montgomery signed the
Waiver of Requirements of 24 CFR 203.37a (b)(2) which waives the requirement of the seller of a property holding…
Posted in Buying a Home, Mortgages, Selling a Home
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