This article was just published by WHSV (Harrisonburg’s TV station): Attorney General Bob McDonnell announced Monday that Virginia has joined a nationwide settlement agreement with Countrywide Financial Corporation. The settlement will provide about $8.4 billion in home loan and foreclosure relief to as many as 397,000 homeowners across the country,...
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With Such Low Interest Rates, Should You Refinance Your Home Mortgage?
Interest rates are low right now… really low. So, is now a good time to refinance your home mortgage? Here are some things you’ll need in order to qualify. Note: To know for certain, talk to your mortgage broker. He or she can give you the facts about your specific...
The Housing Market is Not the Stock Market
For the past couple years, the housing market has gone through some tough times. Remember in 2005 when houses literally sat on the market for a day before going under contract? Well, after that boom, the market turned around, and the real estate market has now begun the road to...