Luke AFB, AZ

Mesa AZ HUD Homes for Sale - HUD Homes for Sale in Mesa Arizona

Buying a HUD Home in Mesa is a very wise decision if you're looking to save money. Only HUD Homes cover the cost of the appraisal (only FHA Buyers) and Home Inspection. You still have the right to inspect the HUD Home you bought, but if you're tight on a budget you can rest easy as HUD Has already completed it. HUD Will provide us with a PCR (Property Condition Report) for us to review.

Looking for a 3 Bedroom HUD Home in Mesa? Perhaps a HUD Home with 4 Bedrooms in Mesa is what you need. Make sure to get the "Home Buying Process" off to the right start by contacting me today. We need to ensure you can be approved for the loan of your choice. We need to ensure the proper amount of funds are in your possession prior to writing an offer. You need to understand our current market conditions as well.

HUD Homes in Mesa are FHA Insurable which allows you to only deal with cosmetic issues. These homes may also qualify for an FHA 203k Loan, which allows you to do some remodling to ensure the home is livable (IE, new carpet or tile, counter tops, cabinets, ceiling fans, window coverings and so on.) HUD Homes in Mesa Arizona just flat out rock!

It used to be that if you had VA loans then you could take advantage of lower rates anytime they came about. No appraisal and most of the time no cost. This can still be done. You just have to go through the same bank you have your loan with. That being said I am not employed by Bank of America or Wells Fargo but because Homeowners Financial Group works with them as a mortgage bank I can still get those streamline refinances done without the appraisal.

Most of the time I can give a credit to cover the costs of the refinance. This ends up to be a win for you as a homeowner since there will not be principle added to your loan that you would then pay interest on for the rest of the life of that loan. In a time when rates are this low and you could literally own a home for what could be the same as a car payment it has to be worth the phone call to see how much money you can save.

For more information on VA Loans and Streamline Refinances.

Mortgage Backed Securities markets have took a large dip this morning, continuing the downward trend that we saw late yesterday. Today's economic news brought the PPI in at +0.2% and the Core PPI matched that number. Retail sales have seen its first decline in a few months but was very nominal and still better than expectations. Retail Sales minus auto sales came in higher than expected which fueled the stock market. Stock market rally plus positive inflation news will always hurt bonds and that is what we saw today.

Mortgage Rates are still looking great but keep an eye on the rest of the news coming out this week. I will be highly interested new about inflation since that can cause consumers to pull back spending. One of the first places to look when trying to cut back on monthly expenses is mortgage payments. If you have an FHA loan you can streamline refinance it with me in AZ. There is no appraisal or cost. We pick up the whole tab. Contact me with any questions. Rates for my streamline program are listed in my rates for the day. Streamline rates for $200,000 or less are available.

The Mortgage Backed Securities Markets have currently stalled. But the good news is that Bonds did make a push higher from the morning lows and are for the time being pushed through a technical layer of resistance. This week is going to be interesting and busy week for economic news. No news for today but for the next 4 days we are stacked with Inflation, Sales, Manufacturing, and Consumer financial news that should give an outlook on how bad our economic recovery has stalled. We have seen a growing number of FED officials come out and say how disappointed they are with the recovery at this time. They had a much rosier outlook last month. This could mean a sustained period of low rates.

What does this mean for you? It means that if you have been on the fence about locking your purchase rate for a home or if you have not locked your rates for your refinance you will want to keep a good eye on what this economic news does to the MBS Markets this week. You may be able to take advantage of a few days of rates going just a touch lower than they are or at the very least know they won't be sky rocketing either.

Now that I am an Active Rainer and I see a little more than I could before I have to say how deeply sorry I am that there is not a professional that is dedicated to your base. That base is Luke Ari force Base. I live in Surprise just a few miles from there and celebrate with my 3 year old son everytime there is a "test drive" by our home. You all work so hard on this base and to not have a professional here to be of some service back to you regarding one of the biggest investments you can make is disturbing to me. Enough so that I will be changing my profile to cover Luke. I hope that I can learn as much from you as you learn from us at ActiveRain.

Please except this as mey pledge to be involved with you as a community at Luke AirForce Base from here on out.