Arizona Real Estate News

3 Questions You Need To Ask When Trying To Decide To Buy or Rent!

April 29, 2015

There are three questions that everyone should ask when thinking about renting or buying. 1. How long do you think you’ll be in that place that you’re going to move into? If you’re only going to in your new home for two years or less, in most cases, it’s probably more beneficial to rent than […]

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3 Reasons Why the First Half of 2015 Will Be The Best Time to Buy a Home or Refinance

January 21, 2015

If you are in the market to buy a new home, now is the best time to buy. All indications point to the first half of 2015 being the best time to buy a new home or refinance. With rates now close to the lowest levels they were in 2013, makes it better in terms of […]

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The 3 Most Important Things A New Home Buyer Should Be Doing Before Beginning To Look!!!

October 16, 2014

There are things people should be doing before making the decision “I want a new home.” There are things that will make the process easier for them, to help them overall in finding the right home, and equally as important, the right mortgage product. It is important before you even begin to look to: Know […]

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New Changes in Guidelines if you have had a recent Short Sale

September 24, 2014

In August of 2014 this year, Fannie May changed their guidelines. For homeowners who have had a short sale, in the past, the guidelines made homeowners wait two years if the were putting down 20 percent and four years if you were putting down 10 percent.  However, this August, the guideline has now been changed to […]

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Learn: When Choosing a Higher Interest Rate Can Give You a Lower Monthly Payment

September 2, 2014

It is an interesting concept – save money every month at a higher interest rate?  That doesn’t make sense.  Mike Goblet of United Mortgage Financial Group of Phoenix Arizona explains how. When choosing a higher interest rate, you can do those things, including giving you a lower APR. However, to get the lower rate, you […]

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Getting Down Payment Money Just Got a Little Easier

June 27, 2014

In the past, obviously, one of the biggest problems that people have had is saving enough money for the down payment. Particularly, for first time home buyers, that’s a big obstacle. As home prices have risen, the amount of money that’s needed has always gone up proportionately as a result and become an obstacle for […]

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Allowed Sources Of Down Payment Money On A Home

September 27, 2013

The market is getting much better for those who want to buy a new home.  In this episode of Arizona Mortgage News Insider Update, Mike Goblet of United Mortgage and Financial Group talks about down payments.  He explains all the different sources for down payment income.  It does not just have to be your savings.  […]

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What Rising Mortgage Rates Means to You

July 23, 2013

Matt O’Brien:  …news. We are here with our local expert, Mike Goblet, of United Mortgage and Financial Group. Today, we’re going to talk a little bit about what’s going on in the mortgage rate industry. Unfortunately, rates are up, but that doesn’t mean bad news. Essentially, it means that Mike is going to enlighten us […]

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New Government changes affect mortgage rates and costs

April 19, 2011

There have been some government changes in the industry this month – and not all good for you the consumer. FHA Monthly Mortgage Insurance premiums are going up .25%. This means about an extra $20 a month for every 100K you borrower.   That means less people will be able to qualify for underwriting and you […]

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Arizona Mortgage Rates in 2011

January 19, 2011

2011 has started off as 2010 ended – volatile. Rates have continued to rise, but don’t get me wrong, rates are still good, just not as good as they were in 2010.  I don’t expect them to return to those 2010 levels.  We expect that rates will continue to rise as the year progresses on […]

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The Home Buyer’s Tax Credit Has Gone … What Comes Next?

April 29, 2010

Are current mortgage rates an un-expected gift? Most experts predicted that mortgages rates would go up when the Fed stopped buying Mortgage Backed Securities in April, but rates have not increased. Why? The biggest reason there has not been the forecasted increase in rates has been the uncertainty of the European financial market, specifically, Greece […]

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$8000 First Time Tax Credit to End for Arizona Home Buyers

September 2, 2009

If you have been thinking about taking advantage the government’s $8000 First-time Homebuyer tax credit, you are quickly running out of time. In order to qualify for the tax credit, the purchase needs to be completed by November 30, 2009. Several things have made this date be a lot closer than you think. The Phoenix […]

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Phoenix Home Prices Holding Steady

August 20, 2009

An article in this morning’s Arizona Republic had some good news for home prices in Phoenix. According to the article written by J.Craig Anderson: After a record-breaking 27 months of decline in the Valley’s median home price, some of the most influential local real-estate analysts predict that home values finally have hit the bottom of […]

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Nation’s 3rd Largest FHA Lender Closes Up Shop

August 7, 2009

Taylor, Bean & Whitaker, the nation’s 3rd largest FHA lender shut down Wednesday due to allegations of wrong doing from HUD.  This leaves thousands of home owners who thought that they had their mortgage all squared away for their upcoming purchase scrambling to find new financing. This is an interview I did with Peter Busch […]

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Arizona Green Alternatives & Asbestos Prevention

July 20, 2009

Today’s Post is a Guest Post from Mesothelioma Center Homes built before 1980 may still contain asbestos materials. There are now many Eco-sustainable options that make the use of asbestos obsolete. Arizona is a state known for its tropical weather, beautiful scenery and national parks. It is one of the ideal spots for active lifestyles […]

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Why Mortgage Rates Were Up For The Third Day In A Row

July 15, 2009

Mortgage markets worsened for the third straight Tuesday after the government reported June’s Retail Sales report came in slightly better than expected . Since falling to near 5.000 percent last week, 30-year fixed conforming mortgage rates have risen by almost 3/8. It’s a similar mortgage rate pattern to what we’ve seen over the last 10 months — rates drift down to near their “all-time lows”, and then surge higher over just a few days time.

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5 Purchases To Make In A Down Economy

July 9, 2009

Down economies reduce consumer spending, creating a bind for retailers.

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Fannie Mae Restricts 2-Unit Borrowing

July 8, 2009

For the first time in nearly six months, Fannie Mae is imposing strict, new guidelines on American homeowners. This time, the hardest hit demographic is owners of 2-unit homes.

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How A Rising Unemployment Rate Can Help Mortgage Rates Fall

July 7, 2009

Last week’s jobs report is the latest data point to drag down rates for today’s home buyers and would-be refinancers.

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For The 4th Straight Month, There’s An Increase In The Number Of Homes Under Contract

July 2, 2009

The number of homes under contract to sell increased in May.

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