Article of the Day: Jumbo Mortgage Rates Too High Compared To Non-Jumbo Mortgage Rates

After locking can I get the lower rate if rates drop?

Here’s the question…
“My wife and I are purchasing a new build and set to sign closing papers in December. The mortgage company wanted to try to get me to lock in at 6.50 and i told them that that rate was much higher than the going rates for an FHA at 6.00,two days later [...]

Kirkway Estates Exemplifies Dangers In Buying New Homes - Ghost Towns

Kirkway Estates is a classic example of new home builder overreaching and the pitfalls the home buyer can encounter. Falling prices, inability to sell, and living in virtual ghost towns are just some of the dangers when dealing with financially strapped home builders.
Kirkway Estates Virtually Empty
When home builders run out of money, they cannot [...]


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