AFI Portfolio Real Estate

Posts Tagged:

Weekly Update From Tom Balk: FNMA Position on Commissions on Short Sales

MortgageBRIEF from Tom Balk This is a great time to buy; so let’s work together to get ready to make a commitment and get pre-approved. Timely Topics In response to concerns raised by NAR that some servicers of Fannie Mae loans are unaware of FNMA’s short sale commissions policy or believe it is not binding, […]

» Read More

California Realtor Expo 2009 Early Bird Rates Expire Soon

Early bird rates for the 2009 California Association of Realtors Expo in San Jose this October expire soon. Register today! http://expo.car.org/

» Read More

Update: Funds for State Home Buying Credit are Almost Completely Committed

If you are counting on a California state home buying credit time is running out!  The funds are nearly all committed.  Contact Tom Balk today to talk about your options. Important update (via www.ftb.ca.gov): As shown in the numbers below, we will soon reach $100 million in new home credit applications. Because many of these […]

» Read More

Mortgages Rates are Trying to Climb Back Down – But it is a Slow Process.

Well, it has been an exciting few weeks. Five weeks ago the yield on the 10 year bond was 2.85% and today it ended at 3.79%. This has resulted in interest rates being a lot higher than 2 weeks ago. If you get an offer on one of your listings, make sure you have the […]

» Read More

Mortgage Market Update From Tom Balk

Well, it has been an exciting few weeks. Four weeks ago the yield on the 10 year bond was 2.85% and today it ended at 3.85%. This has resulted in interest rates being a lot higher than 2 weeks ago. If you get an offer on one of your listings, make sure you have the […]

» Read More