Yolanda Gonzalez's Page

· The House and Senate have reached agreement on the omnibus Housing bill

· Seller participation in downpayment assistance loans is being terminated. Must have obtained credit approval prior to October 1st.

· Risk-based pricing moratorium is effective October 1st

· The Senate could vote as early as Friday on the final bill with the President signing shortly thereafter (possibly early next week)



We will keep you apprised as the bill moves toward enactment.



I.… Continue

Survey Shows Consumers Optimistic on Real Estate

eMediaWire (06/23/08)

A new poll from Housing Predictor indicates that most consumers believe the national real estate market will improve in a short time. About 50 percent of respondents said they believe the real estate market will rebound within the next two years, and 25 percent said conditions will turn around in a year or less. The online survey also reveals that only 28 percent expect it to take five years or more for the credit… Continue

If you're thinking about refinancing your mortgage, do it soon. Mortgage rates may not go much lower that they are now and are likely to start rising.

The Federal Reserve cut another quarter-point off short term interest rates at the end of April and has signaled that there will be no more cuts in the near future.

If you have an adjustable rate or ballon payment mortgage, you don't want to delay refinancing for too long, because you could miss out on the opportunity to lock in a low… Continue

At Platinum home mortgage, we beleive in coaching our customers and share their dream of owning their next home. I take pride in helping my customers with enhancing their credit by helping them clean up and do a rescore so as to prepare these customers to the next step and closer to their goal of that home purchase.

For all the realtors out there, I treat every lead that comes me as you are giving me your paycheck and I think it is a carnal sin to take away someones paycheck away from them. I will do my best to work with that lead and convert into an application.