Posted on August 29th, 2008 by Bright Light
First time buyer mortgage candidates are quickly finding that their loans are coming at a premium cost. When you consider the rise in interest rates, the need for a larger down payment and higher closing costs, many are finding that their first time buyer mortgage is simply too expensive. While there is hope that this […]
Posted on August 22nd, 2008 by Bright Light
Although rates are still high, this may be offset by lowered property prices, making first time buyer mortgages more accessible than ever. The main problem appears to be lenders that are asking for high down payments on first time buyer mortgages and this problem does appear to be widespread. There is a huge demand for […]
Posted on August 15th, 2008 by Bright Light
Although the ripples are small, it does appear that first time buyer mortgage seekers may soon be getting a break in rates. The first indications of a rate drop may be apparent soon and this should help those that are seeking a first time buyer mortgage to be able to save money, especially over the […]