Recent Posts

Buying a Distressed or Foreclosed Home

by on March 17th, 2015 Leave a Comment

Lets face it, the current Real Estate Market is low on inventory. There just aren’t very many affordable homes for 1st time home buyers. There are however, a backlog of foreclosed homes that are now on the market or coming soon. Some of these homes need a lot of work and some may need a […]


Weekly Mortgage Update from John Gonos

by on February 17th, 2015 Leave a Comment

Retail Sales Fall Short Average 30-year fixed rate Week of 02/13 +0.01% Week of 02/06 +0.15% —————————- Stocks (Weekly) Dow: 17,450 +200 NASDAQ: 4,405 +100 On the heels of the Feb. 6 labor market report, mortgage rates drifted higher during the first half of last week. They reversed direction on Thursday due to a shortfall […]