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Oakland County Real Estate Archives - That Mortgage Banker Blog

Category: Oakland County Real Estate

And We’re Back……….

September 28, 2017 Marc Edelstein FHA mortgages in Michigan, First Time Home Buyers, Michigan Mortgage Banker, Michigan Mortgage Lender, Mortgage News, Mortgage Preapproval, Mortgage Real Estate Market Review, Mortgage Refinancing, Mortgage Tips, Oakland County Mortgage Banker, Oakland County Real Estate, Uncategorized, Wayne County Mortgage Banker 0 Comments

So it’s been a while, but now “we are back from a commercial break”, as my good friend Ken Kellner says over a megaphone in his tiki bar every time someone new walks in. Why is this relevant, you may be asking yourself? Well, during my “commercial break” I honed my writing skills, educated myself on the virtues […]

New 3% Down Conventional Mortgage Programs

December 10, 2014 Marc Edelstein First Time Home Buyers, Michigan Foreclosures, Michigan Mortgage Banker, Michigan Mortgage Lender, Mortgage News, Mortgage Preapproval, Mortgage Tips, Oakland County Mortgage Banker, Oakland County Real Estate, Wayne County Mortgage Banker 0 Comments

Fannie Mae and Freddie Mac have recently announced that they will begin backing conventional mortgages with as little as 3% down. This puts conventional mortgages into a new arena which they have not been in for almost 5 years, namely, the low down payment space. Until the announcement on Monday, the lowest Fannie and Freddie […]

Did I Wait Too Long to Buy a House?

May 21, 2014 Marc Edelstein FHA mortgages in Michigan, First Time Home Buyers, Michigan Foreclosures, Michigan Mortgage Banker, Michigan Mortgage Lender, Michigan Real Estate Tips, Mortgage News, Oakland County Mortgage Banker, Oakland County Real Estate, Wayne County Mortgage Banker 0 Comments

We all know the housing market collapsed in 2008 and 2009. House prices plummeted and there were deals aplenty. And the deals remained through 2009, 2010, and 2011. Foreclosures and short sales were everywhere, and you could buy a house at less than half it’s original price. But then in 2012, the market started to […]