Housing Finance, Mortgage Balance, Rising Market - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties 602-999-0952

Foreclosure Activity Plummets Below Pre-Recession Levels

Foreclosure activity is back to “normal” across much of the nation. Low mortgage interest rates, which were ironically a result of the market crash, likely also play a part in the good health of today’s Real Estate market. First quarter foreclosure activity was below pre-recession levels in 78 out of 216 U.S. metropolitan statistical areas… Read More

Getting pre-approved, mortgage financing - Bill Salvatore, Realty Executives East Valley - 602-999-0952

Do I need to be pre-approved to buy a home?

Though you may be willing to spend a certain amount, the real determination of how much house you can buy is driven by how much a lender calculates you can afford. Gone are the days when “creative financing” could be used to manipulate your credit worthiness or your ability to buy a home. Government regulation… Read More