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Alpharetta and Cumming GA Real Estate | Mike & Melody Vanderhoff
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Vanderhoff Real Estate's North Fulton Blog

Saturday, April 24, 2010

Current Mortgage Rates (Purchase Transactions)

Conforming Loans: Loan amounts $417,000 & under*
30-yr Fixed = 5.00% Purchase Only
15-yr Fixed = 4.375% Purchase Only

NEW! Conforming 5/1: 3.75% amortized; 4.00% interest only
Conforming 7/1: 4.25% amortized
***HOT PRODUCT Conforming 10/1: 4.50% amortized!!!***

Consult your Covenant Mortgage Professional for Refinance Quotes

Jumbo Loans: Loan amounts over $417,000*
5/1 ARM = 4.50%
7/1 ARM =4.875%
Hottest JUMBO Loan...90% No PMI up to $500,000!
Call Me Now For More Details!

FHA Loans: *
30-yr Fixed Range= 5.00% - 5.25%
NEW! FHA 5/1 ARM: 3.75% Qualify at Start Rate

*Based on pricing as of Friday, April 23rd, 2010 at 12:00PM. Prices, guidelines, and programs subject to change without notice. Subject to errors and omissions. This information is not intended to constitute an advertisement for purposes of the Truth-in-Lending Act or Regulation "Z". It is intended solely for use by Real Estate professionals.
Residential Mortgage Licensee: GA Licensee #22745, Florida Residential Mortgage Licensee#CL0800186, NorthCarolina Licensee #B-147025
Covenant NMLS# 144774

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# posted by Mike & Melody Vanderhoff @ 12:41 PM

Sunday, April 11, 2010

Weekend Mortgage Rates


Check out this weekend's mortgage rates provided by Covenant Mortgage Corporation:

Conforming Loans: Loan amounts $417,000 & under*
30-yr Fixed = 5.125% Purchase Only
15-yr Fixed = 4.375% Purchase Only

Consult your Covenant Mortgage Professional for Refinance Quotes

Jumbo Loans: Loan amounts over $417,000*
5/1 ARM = 4.50%
7/1 ARM =4.875%

FHA Loans: *
30-yr Fixed Range= 5.00% - 5.25%

*Based on pricing as of Friday, April 9th, 2010 at 12:00PM.

If you would like help with your next real estate transaction, please contact our team at Vanderhoff Real Estate today. We can be your bridge to success.

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# posted by Mike & Melody Vanderhoff @ 1:27 PM

Friday, March 19, 2010

Weekend Mortgage Rates


Check out this weekend's mortgage rates provided by Covenant Mortgage Corporation:

Conforming Loans: Loan amounts $417,000 & under*
30-yr Fixed = 4.875% Purchase Only
15-yr Fixed = 4.25% Purchase Only

Consult your Covenant Mortgage Professional for Refinance Quotes

Jumbo Loans: Loan amounts over $417,000*
5/1 ARM = 4.50%
7/1 ARM =4.875%

FHA Loans: *
30-yr Fixed Range= 4.75% - 5.25%

*Based on pricing as of Friday, March 19th, 2010 at 12:00PM.

If you would like help with your next real estate transaction, please contact our team at Vanderhoff Real Estate today. We can be your bridge to success.

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# posted by Mike & Melody Vanderhoff @ 11:13 PM

Sunday, March 14, 2010

Weekend Mortgage Rates


Check out this weekend's mortgage rates provided by Covenant Mortgage Corporation:

Conforming Loans: Loan amounts $417,000 & under*
30-yr Fixed = 4.875% Purchase Only
15-yr Fixed = 4.25% Purchase Only

Consult your Covenant Mortgage Professional for Refinance Quotes


Jumbo Loans: Loan amounts over $417,000*
5/1 ARM = 4.50%
7/1 ARM =4.875%

FHA Loans: *
30-yr Fixed Range= 4.75% - 5.25%

*Based on pricing as of Friday, March 12th, 2010 at 12:00PM.

If you would like help with your next real estate transaction, please contact our team at Vanderhoff Real Estate today. We can be your bridge to success.

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# posted by Mike & Melody Vanderhoff @ 4:27 PM

Sunday, February 28, 2010

Weekend Mortgage Rates


Check out this weekend's mortgage rates provided by Covenant Mortgage Corporation:

Conforming Loans: Loan amounts $417,000 & under*
30-yr Fixed = 4.875% Purchase Only
15-yr Fixed = 4.25% Purchase Only

Consult your Covenant Mortgage Professional for Refinance Quotes

Jumbo Loans: Loan amounts over $417,000*
5/1 ARM = 4.50%
7/1 ARM =4.875%

FHA Loans: *
30-yr Fixed Range= 4.875% - 5.25%

*Based on pricing as of Friday, February 26th, 2010 at 12:00PM.

If you would like help with your next real estate transaction, please contact our team at Vanderhoff Real Estate today. We can be your bridge to success.

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# posted by Mike & Melody Vanderhoff @ 11:12 AM

Sunday, December 06, 2009

Weekend Mortgage Rates


Check out this weekend's mortgage rates provided by Covenant Mortgage Corporation:

Conforming Loans: Loan amounts $417,000 & under*
30-yr Fixed = 4.875% Purchase Only
15-yr Fixed = 4.25% Purchase Only

Consult your Covenant Mortgage Professional for Refinance Quotes

Jumbo Loans: Loan amounts over $417,000*
5/1 ARM = 4.375%
7/1 ARM =4.875%

FHA Loans: *
30-yr Fixed Range= 4.875% - 5.50%
*Based on pricing as of Friday, December 4th, 09 at 12:00PM.

If you would like help with your next real estate transaction, please contact our team at Vanderhoff Real Estate today. We can be your bridge to success.

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# posted by Mike & Melody Vanderhoff @ 8:52 PM

Sunday, November 29, 2009

Weekend Mortgage Rates


Check out this weekend's mortgage rates provided by Covenant Mortgage Corporation:

Conforming Loans: Loan amounts $417,000 & under*
30-yr Fixed = 4.75% Purchase Only
15-yr Fixed = 4.25% Purchase Only

Consult your Covenant Mortgage Professional for Refinance Quotes

Jumbo Loans: Loan amounts over $417,000*
5/1 ARM = 4.50%
7/1 ARM =4.875%

FHA Loans: *
30-yr Fixed Range= 4.75% - 5.25%
*Based on pricing as of Wednesday, November 27th, 09 at 12:00PM.

If you would like help with your next real estate transaction, please contact our team at Vanderhoff Real Estate today. We can be your bridge to success.

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# posted by Mike & Melody Vanderhoff @ 12:17 PM

Saturday, November 14, 2009

Weekend Mortgage Rates


Check out this weekend's mortgage rates provided by Covenant Mortgage Corporation:

Conforming Loans: Loan amounts $417,000 & under*
30-yr Fixed = 4.75% Purchase Only
15-yr Fixed = 4.25% Purchase Only

Consult your Covenant Mortgage Professional for Refinance Quotes

Jumbo Loans: Loan amounts over $417,000*
5/1 ARM = 4.50%
7/1 ARM =4.875%

FHA Loans: *
30-yr Fixed Range= 4.875% - 5.25%

*Based on pricing as of Friday, November 13th, 09 at 12:00PM.

If you would like help with your next real estate transaction, please contact our team at Vanderhoff Real Estate today. We can be your bridge to success.

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# posted by Mike & Melody Vanderhoff @ 11:05 AM

Tuesday, May 19, 2009

HUD Announcement: FHA Loans & the $8000 Tax Credit

The Secretary of the Department of Housing and Urban Development (HUD) announced this week that home buyers will be allowed to use the $8,000 first-time homebuyer tax credit for down payments on purchases financed by FHA loans. FHA will allow approved lenders, nonprofits, and government agencies to advance the funds in the form of bridge loans that buyers would use for down payments. Buyers would repay the loans after they receive their tax refunds. The FHA will release more details on the program soon.

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# posted by Mike & Melody Vanderhoff @ 8:26 PM

Tuesday, November 11, 2008

Fannie Mae, Freddie Mac and Feds to Speed Up Home Loan Modifications

In yet another effort to prevent more foreclosures, Fannie Mae (FNM: 0.67, -0.05, -6.95%), Freddie Mac (FRE: 0.83, -0.05, -5.69%) in conjunction with U.S. government officials, are speeding up the modification of home loans held by financial companies.

Sources told FOX Business Network that Fannie Mae, Freddie Mac and U.S. government officials will announce later Tuesday that they will hasten efforts to modify hundreds of thousands of loans that are past due. The goal is to bring the ratio of household debt to income for the borrowers down to 38%. U.S. government officials also plan to encourage large banks that hold loans to take similar steps.

The program will be an extension of HOPE NOW alliance, which was announced last year and is designed to prevent foreclosures by reworking the terms of mortgages.

The Wall Street Journal reported the announcement will come at a 2:00 p.m. press conference at the Federal Housing Finance Agency.

Financial industry sources told FOX Business Network that the White House rejected the FDIC’s proposal to prevent foreclosures for up to 3 million home owners. That more ambitious proposal would have provided some type of loan guaranteed for hundreds of billions of restructured mortgages.

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# posted by Mike & Melody Vanderhoff @ 11:20 PM


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Mike Vanderhoff, Broker Direct: .. (770) 888-9269
P.O. Box 3092 Fax: (770) 783-6812
Cumming, GA 30028 Send Email to Mike and Melody
P.O. Box 3092 Cumming, GA 30028



Alpharetta and Cumming GA Real Estate | Mike & Melody Vanderhoff
About Mike & Melody Vanderhoff's Cumming, Alpharetta and Dawsonville, GA Real Estate Website: The www.vanderhoffrealestate.com web site provides Cumming, Alpharetta, Dawsonville, the Polo Fields, Ball Ground, Dahlonega, Gainesville, Lake Lanier, Riverstone Plantation, as well as Georgia's Forsyth, Dawson, East Cherokee, Lumpkin and North Fulton Counties , Georgia real estate information and resources to guide homeowners, homebuyers and real estate investors through the process of selling and buying a house, condo or other realty property in the Cumming, Alpharetta and Dawsonville area. Mike & Melody Vanderhoff (somtimes spelled as Mellody, Melodie, Mellodie, Vanderhof, or Vander Hoff) has services to help you get the best value for your Cumming, Alpharetta and Dawsonville home and this website offers home buyers and home sellers a superior comparative market analysis (CMA), a way to view real estate and MLS IDX listings including virtual tours, prepare your home for sale, and more. Investors looking for real estate investment properties to invest in need look no farther. Anyone selling a home, buying a home or seeking housing can learn more about our realty services, and will appreciate working with a  Cumming, Alpharetta and Dawsonville REALTORs who know  the area so well. Through trusted partners, we also provide real estate and financial services to consumers looking for houses for sale or selling their home in Cumming, Alpharetta and Dawsonville, GA, such as mortgages, credit history, new homes, foreclosures and other services. If you've already tried to go the for sale by owner (FSBO) route and find you are needing a partner who you can trust in the sale of your most precious asset, Mike & Melody Vanderhoff can take care of your special needs. It really doesn't matter if you spell it REALTOR, Realator or Realter, realty, realety or reality, real estate or realestate, Mike and Melody speak  your language.
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