Joe Gonzalez at CrossCountry Mortgage, Inc.
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Face The Numbers, A Mortgage That Works For You

Posted on January 2, 2014 by joeglez

Before taking out a mortgage to buy a home, it’s time to take a realistic survey of your finances so that you can determine your price range and what size of home you can comfortably afford.

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Posted in Home Mortgage Tips | Tags: Home Mortgage Tips, Home Prices, Mortgage Rates |

New Home Sales Show Healthy Year-Over-Year Increase

Posted on December 31, 2013 by joeglez

The holiday season and winter weather slowed home sales in November. Last week, the NAR reported that sales of existing homes had slumped to their lowest level in nearly a year, but this was not unexpected.

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Posted in Housing Analysis | Tags: Exsisting Home Sales, Housing Analysis, New Home Sales |

What’s Ahead For Mortgage Rates This Week – December 30, 2013

Posted on December 30, 2013 by joeglez

The University of Michigan’s Consumer Sentiment Index was improved for December at 82.5, after the November reading was adjusted from 82.5 to 75. Analysts noted that consumers were relieved when legislative gridlock ended.

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Posted in Mortgage Rates | Tags: Mortgage Rates,Housing Analysis,Home Builder Confidence |

How To Build An Outdoor Fire Pit

Posted on December 27, 2013 by joeglez

With most of the country easing into full-on winter weather, last-minute outdoor projects need to happen soon. And what better way to enjoy a cozy holiday season than by drinking hot chocolate and roasting marshmallows at your very own outdoor fire pit.

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Posted in Around The Home | Tags: Around The Home, Holiday Tips, Outdoor Fire Pit |

Pitfalls And Warning Signs Of Making A Down Payment

Posted on December 26, 2013 by joeglez

When you already have a home, you may be interested in determining if a refinance is a good option. You will not have to worry about restrictions on down payments or some of the problems that can occur with a down payment.

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Posted in Home Buyer Tips | Tags: Home Buyer Tips,Down Payment,Mortgage Payments |

What’s Ahead For Mortgage Rates This Week – December 23, 2013

Posted on December 23, 2013 by joeglez

According to December’s NAHB/Wells Fargo Housing Market Index, home builder confidence rose by four points to a reading of 58; this surpassed the consensus of 56 and November’s reading of 56.

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Posted in Mortgage Rates | Tags: Mortgage Rates, NAHB/ HMI, Quantitative Easing Program |

Fed Minutes Predicts Tapering Of Quantitative Easing Program

Posted on December 19, 2013 by joeglez

Housing Starts exceeded expectations and also beat October’s reading of 889,000. November housing starts were posted at 1.09 million against a consensus of 963,000. This reading is more in line with the NAHB/Wells Fargo Home builder Market Index, which reached a four month high with December’s reading.

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Posted in Federal Reserve | Tags: Federal Reserve,FOMC Meeting,QE Purchase |

Housing Market Index Shows Builder Confidence Up 23 Percent Year-Over-Year

Posted on December 18, 2013 by joeglez

According to the National Association of Homebuilders/Wells Fargo Homebuilders Market Index for December, builder confidence recovered in with a reading of 58. This surpassed both expectations of 56 and last month’s reading of 54.

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Posted in Housing Analysis | Tags: Home Builder Confidence, Housing Analysis, Mortgage Rates |

Mortgage Help – An Overview of Escrow Accounts

Posted on December 17, 2013 by joeglez

Whether you are purchasing a new home or you are considering applying to refinance your home, chances are the lender will require an escrow account. These accounts are often a source of confusion for homeowners.

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Posted in Escrow Tips | Tags: Escrow Tips, Mortgage, Selling Vs Refinancing |

Mortgage News for This Week – December 16, 2013

Posted on December 16, 2013 by joeglez

Mortgage Debt Rises For First Time Since Recession

Last week was relatively quiet concerning scheduled housing-related news, but the Federal Reserve’s financial accounts report, released on Monday, indicated that mortgage debt in the U.S. had increased for the first time since the first quarter (Q1) of 2008.

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Posted in Mortgage Rates | Tags: Financial Reports, Interest Rates, Mortgage Rates |

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