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FREE Alternative to Foreclosure Seminar
Free Alternative to Foreclosure Seminar
THURSDAY, Feb.24TH 6:00-7:00 pm
PMZ Real Estate Office
1500 Fulkerth Rd.
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Freddie Mac offers 'First Look' on REOs
Following the lead of Fannie Mae, Freddie Mac is expanding its "First Look" program to give buyers who are looking for a home to live in, rather than flip, an opportunity to buy without competition from investors.
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Extra payments on ARM pay off
Q: "My loan officer has told me that on a 5/1 adjustable-rate mortgage (ARM), paying $1,000 more each month for 60 months won't generate any savings over paying $60,000 in month 60, just before the interest rate and payment reset. Is this true?"
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