ALTA President Mike Pryor testifies on your behalf

Submitted by mschuster on Fri, 10/16/2009 - 8:18am
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ALTA President Mike Pryor testifies on your behalf before Congress about issues that impact your business including:  RESPA Reform, the CFPA and extending the homebuyer tax credits.  Watch here on YouTube!  Thanks Mike!

Comments

One should be aware of these

Submitted by Thalia on Wed, 03/03/2010 - 3:42am.

One should be aware of these significant rules in owning a property. For the first time homebuyer, it is imperative to get the right mortgage loan. There are several formats to a home loan – and it might be wise to employ a mortgage broker. For instance, there are fixed rate loans, adjustable rate, and interest only. Adjustable rates loans have a low rate to start, and the mortgage rate changes by market conditions. Interest only is what it sounds like – you only pay the interest, and it is strictly for someone who will be selling the home soon, otherwise it will take payday loans at least to close it out. A fixed rate is just that – you pay the same rate for 15, 20, or 30 years – the flagship of mortgages.