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April is Credit Scores Education Month
Affordable Financial Services is reminding everyone that April is Credit Scores Education Month and is urging those who are looking to apply for a mortgage to check their credit score, as the federal government has tightened its lending requirements. Read more
Vacation Home Sales Lower in 2010
Sales and prices of vacation homes in 2010 plunged to almost half the record number of sales in 2005 and 2006. The National Association of Realtors recently reported that sales plummeted from a high of 5.02 million in 2005 to a mere 3.81 million in 2010. Vacation homes accounted for only 10% of all sales last year, which is a testament to how hard this economic recession has hit the vacation home market. For those with a vacation home or an investment property, Affordable Financial Services offers next-day cash-out refinancing and no-documentation loans. Read more
New Program of the Month:
Next-Day Cash-Out Refinancing Available
At Affordable Financial Services, we can cash-out refinance a day after a purchase, as long as we can show that improvements were made or the home was purchased below market value. This is great for someone who purchased a steal, or for investors who want to pull some of their cash out. Keep it in mind. Read more
Stoppage Of Play — And Work?
The headlines warned Americans about the looming deadline for the current labor deal between the National Football League’s players’ union and the teams’ owners is fast approaching. Negotiations are likely to continue until the last minute, when a deal may or may not be reached. Failure to reach an agreement could lead to a work stoppage. In the event you lose your job, Affordable Financial Services offers unique financial assistance products to fit your needs. Read more
Notable Numbers for the Month:
• ON THE DECLINE — Consumer interest rates are falling. According to Freddie Mac, the average 30-year fixed rate-mortgage nationwide was 4.87% the week ending March 5, after going above 5% last month. Affordable Financial Services offers next-day “cash out” refinancing on home purchases. Read more |
