Property Search

Fort Mill Mortgage Rates Going Up?

Mortgage rate increase

The Blood Bath Continues!

Ok guys, we have lost another 100 Basis Points today so in the last 48 hours we have lost 234 basis points int he mortgage bond market! I am not sure how to put that into perspective but HUGE is not nearly a big enough to describe it.

Most lenders are going

Dec 2010 Mortgage Tips For Fort Mill Home Buyers

helpful-mortgage-tips

Loan officer Olan Carder with American Security Mortgage sent out a video today to real estate agents with a couple mortgage tips or recommendations. Here is recap of Olan’s message…

Olan’s first message is about potential home buyers. If you are waiting for the new year to make a home purchase decision or closing, you may want to know

Olan Carder Mortgage Update -BIG FHA Changes are HERE!

American Security Mortgage logo

FHA has reduced the UFMIP and increased the annual MIP… what does this mean for your buyers? Is conventional the king again or is FHA still the best way to go for most first time buyers? See my Fort Mill Mortgage video update for Oct 2010.

Olan Carder Loan Officer

What Drives Mortgage Rates Video By Olan Carder

AmericanSecurityMortgagelogo

The Federal Reserve does not set mortgage rates. Mortgage companies don’t even really have control over rates going up or down on a daily basis! Who is really behind the mortgage rate market? Well, interestingly enough it could be YOU! The general investing public has a huge impact on mortgage rates moving up or down. [...]

USDA Loans in Jeopardy!

USDA loans are used to help low to moderate income families buy homes in rural areas.  Most of the communities right outside of Charlotte are eligible and USDA has quickly become one of the hottest programs today primarily due to its zero down payment and no PMI.  USDA is funded each year through Congress, and like most years they are running behind on getting the appropriate funding passed.  Most years