Archive for December, 2011


December 30, 2011 Leave a comment

The National Association of Realtors Published News Today that HOME SALES ARE INCREASING!

Washington, DC, December 29, 2011

Pending home sales continued to gain in November and reached the highest level in 19 months, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, increased 7.3 percent to 100.1 in November from an upwardly revised 93.3 in October and is 5.9 percent above November 2010 when it stood at 94.5. The October upward revision resulted in a 10.4 percent monthly gain.

The last time the index was higher was in April 2010 when it reached 111.5 as buyers rushed to beat the deadline for the home buyer tax credit. The data reflects contracts but not closings.

See Press Release Here >

Watch NBC Video Report Here >

Categories: Real Estate News

Toledo Home Loans

December 29, 2011 Leave a comment

Pre-Launch Testing:

Introducing a New Mortgage Loan News and Information Blog For Toledo Area
(Toledo, OH area including Sylvania, Maumee, Perrysburg and Nearby Communities.)

This blog is all about Home Loans, FHA Mortgages, VA Mortgages, Market Rates, Trends and News relating to mortgage loans and home loans for Toledo OH.

Articles will be found to help First Time Home Buyers, Move Up Home Buyers, and Downsizing Home Buyers.

FEEL STUCK IN YOUR OLD MORTGAGE?  Want to lower your monthly payments without any closing costs?  Why not refinance your house to lock in today’s lower rates?  Maybe the value of your home has even dropped below your original purchase price, but you want to do the right thing and ride this economic cycle out.  At least you can lower your monthly payments using an FHA Streamline Loans.  I can help you with that!

VA Loans allow for no down payment.  FHA Loans require as little as 3% Down.  Conventional loans have lower costs and no PMI or Private Mortgage Insurance.

Whichever home loan is right for you, I can help you with that!

Lonn Dugan, Loan Officer In Training ~ Midwest Mortgage Investments Ltd ~ Toledo OH

Call me today and I will answer any questions you may have!  419-764-9649