Michigan Mortgage

The Tables are Turning

I took a call today from a Dave Ramsey listener who lives in Florida. She’s buying a second home here in Michigan. She loves the snow and the weather in the winter and never gets that in Florida. She misses it and wants to own something here in the North as a second home. After [...]

Now May Be a Good Time to Look at Your Interest Rate

Why Bother Refinancing – IV

I’ve almost done with my debt snowball and will be working on my mortgage next. I should be able to pay off my entire mortgage within the next 7 or 8 years. Should I even bother with a mortgage right now?

Since we have been working with Churchill Mortgage out of Tennessee, we have had the pleasure of speaking with listeners of the Dave Ramsey Radio Show. He airs all over the State of Michigan and when his customers call the only mortgage company that Dave has ever endorsed they call Churchill Mortgage.

Churchill mortgage has to decide how to handle changing call volume and difficult states…

Is 2010 the Year?

We cannot know the future – we can only prepare well by doing some smart things that we know will help us reach what ever we hope for in 2010. Here are a few things that are always a good idea:

More ARM advice – new client, different circumstance

This conversation was the result of another of my clients reading my blog last week:

CLIENT:
ok wanting your advice on this . We have the house up there in MI that we have an ARM on and…

Good Advice for someone in an ARM

Last week I received a call from a new client. I had not written his last loan, but he was referred to me for advice because he is in an ARM mortgage, is facing a layoff from work and wants to make a good decision. This is the email I just fired off to him . . .

Gains in Pending Home Sales, Other Markers Help Cut Housing Inventories

It’s now eight consecutive months that pending home sales have made gains nation-wide, the longest streak since we started measuring it in 2001. But as we’ve seen with just about every other positive economic indicator, just because the sun is shining in Texas, doesn’t mean it’s not raining here.

TKO of the HVCC by the NAMB!!?

I have been holding on to this post for some time, but on Friday, the subcommittee working on House Bill HR3126 approved it in committee. This bill contains something better than we have all been hoping for regarding HVCC and its heading for the full House of Representatives.