Sure, Mortgage Rates Are Lower, But Mandatory Fees Are Not
With respect to mortgage rates, you can’t always believe what you read in the papers. Or what you see. A terrific example is the chart at left. Published by Freddie Mac, it shows the 30-year fixed mortgage’s “going rate” as reported by the nation’s mortgage lenders. On December 30, 2008, that rate was 5.1 percent. But [...]
The Government has our Fannie covered!
Last weekend, our government announced a “bailout” of both FANNIE MAE and FREDDIE MAC. This is an important event in our industry. I want to be sure I connect with you on some of the details, and answer any questions you may have. What is Fannie Mae & Freddie Mac? In simple terms, Fannie Mae and [...]
Avoid the most common Danville real estate loan mistakes
Through the past 22 years, Mike Miller has been an industry leader in Danville Mortgages and Danville Real Estate. Both in product innovation and consumer education. We proudly present to you this post to uncover some of the most common areas where consumers are often victims. We hope this will assist you when choosing among [...]
Mortgage Myths, Facts, and Fallacies…
If you are uninformed, or misinformed, it will amount to the same thing…less business for you. Allow me, fellow real estate professionals, to clarify a few points regarding the current world of mortgage finance. This is very important stuff… The most important thing to know is that you cannot let your client do whatever you [...]
Danville Real Estate is easy to finance!!!
If your business slows down (for any reason), the ability to work with “what you have” is of utmost importance. Knowing where to go to get good but creative financing is extremely valuable these days. Luckily, with 20 year experience in Danville, I am the expert and finding ways to put your clients into homes. [...]

Watch Video
