Best Time to Buy a Home in Michigan?
Published April 10, 2010 | 
Is Now the Best Time to Buy A Michigan Home?
Before Michigan Mortgage Rates Rise too Much?
Mortgage rates are climbing and are not likely to return to the historic rates we have recently seen. Although rates are still near historic lows, and most experts agree, may not stay here for long. Add in the fact that prices have fallen to levels we haven’t seen in a decade or more in some areas, and this may be the best time in history to buy a Michigan home.
Here is a brief video from the CBS early show, titled “Now is the Time to Buy a Home”. This was just aired on April 8th, 2010 on the Early Show.
Please watch this 2 minute video and let us know what you think, in the comment section below.
Watch CBS News Videos Online
Get a Michigan Mortgage Home Purchase Quote
Michigan Home Loan Quotes Provided by:Treeside Financial, LLC a Michigan Mortgage Lender.
Help for Underwater Home Owners – Principal Reduction Encouraged
Published April 10, 2010 | New Help for Michigan Mortgage Holders Who Are Underwater?
Michigan Refinancing help may come from president Obama’s new changes made to the existing home affordable refinance program. The new changes now encourage lenders to reduce the principal balance by at least 10% for home owners who are “upside down” or “underwater” on the home, meaning they owe more than the home is worth.
The changes have been somewhat controversial and still allow the lenders who hold the mortgage the option, however they are encouraged to reduce balances, and also payments for people who currently owe more than the value of their homes.
This video from CBS evening news, tells a brief story of a Florida city, one of the few states that have more underwater home owners than Michigan.
Watch CBS News Videos Online
Home Affordable Refinance Program Available – Call 586-323-2500 for Details.
All Home Loans and Quotes Provided by Treeside Financial, LLC
A Michigan Mortgage Lender
Reaction to Fed’s Minutes Released Today
Published April 6, 2010 | CNBC Video discussing today’s Fed minutes released from the most recent Fed Meeting. How will the latest statements affect Michigan mortgage markets? Watch the video for details.
