This week in Mortgage Sports 2/12/09

$15K Tax Credit Confusion (Now $8K)

The new stimulus package has been confusing at best.  The rumor mill is rampant as to whether or not it will include a tax credit for home buyers and “is it refundable”?  I don’t know what will pass, but I would love to see some form of this pass in an effort to bring more buyers off the side lines...Read More

For Common Questions on the Tax Credit, click here

 

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What is Going on in Texas?

“Here in Texas, we pride ourselves on being different. Better. Fortunately, when it comes to real estate, this is generally true these days.” – Here are the facts when it comes to Texas...Read More

 

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Mortgage Rates Steady (For Now)

It appears the banks have recently exhaled a bit from their pre-inauguration jitters!  The pressure from the new administration and the American People for the proper allocation of the original TARP money, as well as the hope of favorable content in the new Stimulus package has led rates in a bit more favorable direction over the past few days.  Lets hope they stay in the high 4%’s – low 5%’s for quite some time...Read More 

 

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Green Watch! Texas Legislator Now is the time for the State of Texas to get with the “Green” program.  Please let your representative know if you support green incentives for our homeowners...Read More   The LOHAS Lifestyle possibilities are endless………………….

 

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Professional Service  USE SHELTER MORTGAGE.  NOW more than ever is it important that you have a Loan Officer who can navigate the industry changes.  A Trusted Advisor and Team Mate are essential to your Real Estate success.  Please give me a call so that we can discuss what we can do to help grow your business.

Have a great weekend!

30 YR. Fixed w/1 origination fee 4.999%  WOW

30 YR. Fixed w/no origination fee  6.00%

15 YR. Fixed w/1 origination fee  4.625%

15 YR. Fixed w/no origination fee  5.25%

 
Cheers!

C- 

  Christian C. Johnson
  Assistant Vice President
  214.445.6553 Dallas
  817.361.6133 Fort Worth
  Fax 800.835.1767
  christian.johnson@gbmail.com
 

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