Interest Rates Mortgage | Mortgage Interest Rates

Mortgage Interest Rates Plummet After Fannie Mae Freddie Mac Takeover
By Ki Gray

I have been tracking mortgage interest rates for the last few months. Its always more interesting when there are drastic changes. This week we saw some of the largest changes we have seen this year. This is of course in response to the Fannie Mae and Freddie Mac takeover. The 30 year mortgage rate dropped from 6.35 to 5.93 this week. What makes this more pronounced is that rates have been coming down the last month back on July 24th rates were at 6.63. The 15 year mortgage came down as well this week falling from 5.90 to 5.54. We did not see as much movement in adjustable rate mortgages. 5 Year arms came down to 5.87 from 5.97 last week. 1 Year arms actually increased from 5.15 to 5.21. Below we listed out the rates for the major mortgage products for the last few weeks.

September 11, 2008
30-yr 5.93 15-yr 5.54 5-yr ARM 5.87 1-yr ARM 5.21

September 4, 2008
30-yr 6.35 15-yr 5.90 5-yr ARM 5.97 1-yr ARM 5.15

August 28, 2008
30-yr 6.40 15-yr 5.93 5-yr ARM 6.03 1-yr ARM 5.33

August 21, 2008
30-yr 6.47 15-yr 6.00 5-yr ARM 5.99 1-yr ARM 5.29

August 14, 2008
30-yr 6.52 15-yr 6.07 5-yr ARM 6.02 1-yr ARM 5.18

August 7, 2008
30-yr 6.52 15-yr 6.10 5-yr ARM 6.05 1-yr ARM 5.22

So how is all of this going to be reflected in the mortgage payments one will be paying. Using our free mortgage calculator we ran the numbers on a 200k loan. We looked at what a mortgage would be this week, last week and July 24th.

September 11th
30-yr $1190.11
15-yr $1638.41
5-yr ARM $1182.43
1-yr ARM $1099.45

September 4th
30-yr $1244.47
15-yr $1676.92
5-yr ARM $1195.24
1-yr ARM $1092.05

July 24th
30-yr $1281.28
15-yr $1707.22
5-yr ARM $1219.75
1-yr ARM $1134.32

Looking at 30 Year rates we can see a pretty substantial drop. Since July 24th the payment has dropped from $1281.28 to $1190.11 (a drop of 7%). Additionally, based on todays rate the 5 year arm option seems pretty pointless since it offers a very small savings compared to the 30 year rate.

So what should we expect next week? Unless banks start to get nervous again I think rates might move down a little more. There are rumors that rates are going to come down to 5.5. I think after next week the effects of the Fannie Mae and Freddie Mac will have moved into the market.

Escapeso Real Estate operates in Austin Texas. They provide information on current mortgage interest rates. Their website also provides a free mortgage calculator.

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Mortgage Interest Rates Drop Over Half a Point in Just Two Weeks
By Ki Gray

If you have been hoping interest rates would drop your prayers have been answered. Interest rates plummeted over half a point last week falling from 6.35 to 5.78. The last time mortgage interest rates fell this fast this quickly was the beginning of 1995 when rates fell from 8.32 to 7.57. Rates have basically fallen following the government takeover of Freddie Mac and Fannie Mae. Below are the rates for the major mortgage products for the last two weeks.

September 18, 2008
30-yr 5.78 15-yr 5.35 5-yr ARM 5.67 1-yr ARM 5.03

September 11, 2008
30-yr 5.93 15-yr 5.54 5-yr ARM 5.87 1-yr ARM 5.21

30 Year mortgage rates fell less this week (.15 points) compared to last week (.42 points). 15 year and 5 year arms both fell about .2 points this week. 1 Year arms which was the only major product to not fall last week fell .18 points this week. The other interesting point is that because interest rates were falling before the Fannie Mae and Freddie Mac takeover (based on rumors of the takeover) rates have fallen an incredible amount (.74 points for 30 year rates) over the last month and a half.

Ok so let’s see what these drops mean as far as a mortgage payment. Using our free mortgage calculator lets look at a payment based on a 200k loan. We will run the numbers based on today’s mortgage rates for today and last week

September 18th
30-yr $1170.96
15-yr $1618.29
5-yr ARM $1157
1-yr ARM $1077.31

September 11th
30-yr $1190.11
15-yr $1638.41
5-yr ARM $1182.43
1-yr ARM $1099.45

So the obvious thing to see here is that the now lower interest rates have had a large effect on mortgage payments. A mortgage with a 30 year interest rate dropped from 1281.28 to 1170.96 (9.1 percent) in the last month and a half. So that brings up the point that it’s probably a good point to start looking at refinancing your mortgage even if you received a mortgage somewhat recently.

So what is in store for the market in the next few weeks? It’s hard to tell but the market is very volatile. One day the stock market drops 400 points because Lehman Brothers goes bankrupt. Then the government proposes to takeover the bad mortgage debt and the market rises. Because of this volatility if you are thinking of refinancing I might lock in to an interest rate now because its hard to know what rates are going to be like in a few weeks.

Escapeso is a real estate company down in Austin Texas. Their website provides information on current mortgage interest rates. They also have a free mortgage calculator

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Why the Fed is Having Less Influence Over Mortgage Interest Rates
By Ki Gray

In the past when the Federal Reserve cut the discount rate it translated into lower mortgage interest rates for home buyers. This was a convenient way for the Federal Reserve to stimulate the economy during economic slowdowns. By making it easier for people to get loans more cash was pushed into the economy.

But the recent discount rate cuts have failed to have a similar effect. In fact the spread between mortgage interest rates and the discount rate is the greatest in 20 years. Although the Fed has cut rates 3 time in 2008, going from 4.25 to 2.25, if we look at a mortgage rates over the same time period we have failed to see much of a change. Two explanations have been put forth to explain why our current situation differs from what we have seen in the past. The first explanation is that the banks are facing almost 200 billion in losses from their misplaced bets on subprime mortgages, and are sticking with high interest rates to offset some of these losses. The other explanation is that banks still see a downside in the real estate market and are attempting to limit their exposure.

Considering that the mortgage industry is comprised of 1000’s of people I doubt either of the views is completely accurate. Additionally, considered how short sighted the mortgage industry was in their foolish bets on subprime mortgages during the boom time I think partially the mortgage industry is simply reacting. During the boom time the mortgage industry reacted by competing with each other to create more and more bizarre loan products to allow people with poor credit to receive loans, in order to gain market share. Now that the real estate market is doing poorly the mortgage industry is spooked and is reacting by limiting access to loans.

Is there a light at the end of this tunnel? It’s hard to tell. The latest Fed cut from 3 to 2.25 received a positive response from the market as interest rates fell from 6.13 to 5.87 the following week. But its anyone’s guess of whether this is a temporary blip or a sign that the mortgage industry is comfortable with the current spread between mortgage interest rates and the Fed’s discount rate. If the later is the case future rate cuts should have a more favorable affect on pushing down mortgage rates. While this won’t cure the current woes in the real estate market it should help alleviate some of the problems.

One thing that does seem more likely is that if the real estate market continues to suffer the Fed will continue to cut rates. The current Fed Ben Bernanke chairman gave a speech before the subprime crisis detailing out how the Fed failed to respond strongly enough during the events which led to the great depression and seems determined to not make the same mistakes. In fact, in an unprecedented move the Fed injected over 200 billion in the credit markets last week its clear the Fed is committed to doing whatever it can to cure the credit/mortgage crisis. If the banks start reacting to the rate cuts the Fed might be able to succeed in their mission to take a stronger role in preventing an economic recession.

Ki and Dane work in Austin and run a site with information about Austin Tx real estate. They also wrote mortgage rates html for websites to keep visitors up to date on mortgage rates trends along with a free mortgage calculator.

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Mortgage Interest Rates Move Down
By Ki Gray

Mortgage interest rates moved down this week. 30 Year rates feel back below 6 dropping from 6.10 last week to 5.94. 15 Year rates all fell quite a bit going from 5.78 last week to 5.63 this week. Below are rates for the major mortgage products for the last few weeks.

October 9, 2008
30-yr 5.94 15-yr 5.63 5-yr ARM 5.90 1-yr ARM 5.15

October 2, 2008
30-yr 6.10 15-yr 5.78 5-yr ARM 6.00 1-yr ARM 5.12

September 25, 2008
30-yr 6.09 15-yr 5.77 5-yr ARM 6.02 1-yr ARM 5.16

September 18, 2008
30-yr 5.78 15-yr 5.35 5-yr ARM 5.67 1-yr ARM 5.03

One thing that stands out is Arms are looking less and less attractive. Arms are loans that start adjusting after a certain number of years. When Arms adjust upward and homeowners cannot make the new higher payments they frequently lead to foreclosure. It seems that banks are finally looking to make Arms less attractive. I have wondered why they didn’t do this in the past. Looking at today’s rates there is almost no reason to get a 5 year Arm over a 30 year fixed rate mortgage. Currently a 30 Year fixed rate mortgage is 5.94 and a 5 Year arm is 5.90. Considering the added stability of the 30 Year fixed rate mortgage the small difference in the interest rate hardly seems worth it. Let’s look at what a mortgage would be using our free mortgage calculator for a 200k loan. We also ran the numbers for mortgage interest rates from last week and in the middle of the summer.

October 9th
30-yr $1191.39
15-yr $1186.27
5-yr ARM $1647.99
1-yr ARM $1092.05

October 2nd
30-yr $1211.98
15-yr $1664.03
5-yr ARM $1199.10
1-yr ARM $1088.35

July 24th
30-yr $1281.28
15-yr $1707.22
5-yr ARM $1219.75
1-yr ARM $1134.32

So again looking at the rates it’s pretty obvious the 5 year loan does not provide much of a benefit compared to a 5 year loan. If we look back to July 24th we can see that in general the difference between the 30 year fixed mortgage product and a 5 year arm is greater.

The other trend we have been seeing is the growing gap between owner occupy and investment loans. Since lenders are seeing more foreclosures with investment loans they have been charging a higher interest rate for investment loans. So while mortgage interest rates for owner occupy loans have fallen over the last month mortgage rates for investment loans have held steady. That said I think investment properties are pretty attractive right now in spite of higher interest rates. This is basically because we have seen prices falling more for investment properties and therefore making them a better bargain. The last question is what is going to happen with rates moving forward. I can’t really say if they will go up or down but I expect rates to remain volatile as long as the rest of the financial markets remain volatile. Therefore, if you are looking at buying a property I would lock an interest rate early and monitor the rate afterward in case it drops and you can relock the interest rate.

Escapeso realty provides regular updates on mortgage interest rates. Their site has a tool that graphs mortgage interest rates. Their site also provides a free mortgage calculator

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Fixed and Adjustable Mortgage Interest Rates – Basic Facts
By Eshwarya Patel

There are many different types of mortgage loans. Various types of loans make the whole process of home-buying quite intimidating.

Mortgage interest rates influence the borrower’s choice of mortgage to a great extent.

There are two most prevalent mortgage interest rates. These are fixed mortgage interest rate and adjustable mortgage interest rate. This article briefly describes the two types.

• Fixed Mortgage Rates:

In case of ‘fixed mortgage rates’, the principle and the monthly payments for interest do not change throughout the duration of the loan.

As long as the borrower is in a fixed term agreement, the interest rates remain the same.
The advantage of this type of mortgage interest rate is that the borrowers can keep a track of the exact amount of their payments. They can, thus, manage their personal budget easily.

It is advisable to have a fixed-rate mortgage in case the mortgage interest rates are rising. This is because fixed-rate mortgage fixes the current rate and the borrowers need not worry about the future hikes in rates.

Thus, the long-term fixed mortgage rates protect borrowers from any sort of upward fluctuations in mortgage interest rates.

• Adjustable Mortgage Rates:

The mortgage interest rates that are adjusted from time to time on the basis of an index are termed as the ‘adjustable mortgage rates’.

It is advisable to go for adjustable mortgage rates when there is a downward fluctuation in the interest rates.

These mortgage rates change periodically, that is, every one, three, or five years. Therefore, borrowers can easily capitalize on the new rates that are lower than the previous rates.

http://www.greatloanprograms.com

ALL ABOUT LOAN PROGRAMS

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Have the Mortgage Interest Rates Bottomed Out?
By Gurmit Singh Toor

If you are trying to time the exact rock bottom of the interest rate, good luck. If you think you are one of those talented people, who can time the bottom of the any financial market, you will most likely be extremely rich from those abilities. Even the best of the experts normally get it wrong. It is wise to refinance when the interest rates are still low and to get a rate that saves you money and serves your purpose.

Interest rates already almost reaching their bottom, there is not much room left for them fall further. They may still fall but not necessarily. You can definitely save some money, if you happen to pick the rock bottom rates, but there is a great risk as well if you miss your predictions. I personally feel it is time to act now, as the interest rates are at lowest in the past few years.

Once the Government and banks feel confident that market has gained some confidence, we will see the interest rates shooting up, with the banks eager to recover their losses. Although this is not expected to happen any time soon but no one knows can call the shots. We will see a steady rise in mortgage rates once the government stops buys the mortgage backed securities.

Given this knowledge, it may be wise to start planning to refinance your house now. If you are paying more than 5% percent for your mortgage, it is definitely a time to talk to a mortgage expert.

Gurmit Singh a licensed mortgage expert with Dominion Lending Centres Mortgage Villa. He is also an author and a real estate investor.

Gurmit Singh
Mortgage Expert
M08009905
Dominion Lending Centres Mortgage Villa (11574)
http://www.gurmitsingh.ca
Email: gurmit@gurmitsingh.ca

Gurmit Singh Toor
http://www.gurmitsingh.ca

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Low Mortgage Interest Rates, Government Tax Credits, and Parent’s Role
By Dave Jefferlone

While mortgage interest rates are still near historically low levels. home prices are depressed, it is a buyers market, which means a seller can and may help to contribute up to 6% of the purchase price towards closing costs allowed by FHA, the government has their tax credit for first time home owners, FHA still has a program which requires only 3.5% down payment. Sometimes all the above still falls just short from assisting home buyers in qualifying for their mortgage. The role of a parent never ends to help their children.

As a parent, helping our children can be subtle yet very important when they are buying their first home and there are many ways a parent may be able to assist.

1. Teach them how to be responsible, which also includes making them understand how vital their credit history and also other facets of their credit will have a direct effect on their lifestyle. Teach them how their credit will impact their standard of living due to interest rates they will qualify for, the amount of any loan payments, how much of a mortgage they will qualify for, not to mention the ease at which they may be qualified for credit if they need it.

2. Parents may also assist their children in buying a home by offering them a gift toward their down payment and/or closing costs. This gift which is allowed by Fannie Mae, Freddie Mac and also FHA (check with your loan professional for guidelines pertaining the particular loan programs) may come in two forms. The first form is as a cash gift where the child may use these funds towards their down payment. FHA will allow a cash gift from parent for the entire required minimum down payment of 3.5% of the purchase price.

A gift may also come in the form of equity which is already in your property. This would be possible if you decided to sell your child your own home. The way this works is: you set a purchase at or below the appraised value of the property in which you agree to seal your home for. Then you may also agree to give your child a gift of equity from as little as 3.5% to as much as you wanted to.

i. e: Purchase price and appraised value is $200,000. You give your child a gift of equity for as little as $7,000 (fha’s 3.5%) then your child, assuming $0.00 additional down payment, would apply for a mortgage in the amount of $197,000. There will also be closing associated with the mortgage and purchase of the property. if your child does not have sufficient funds, you may also as the seller of the property, offer to contribute up to 6% of the purchase price or in this case, $12,000 towards the closing costs. (The closing cost should not necessarily be this high, the $12,000 is being used for illustrative purposes.)

3. Another way a parent may assist their child in purchasing a home is as a non occupant co-borrower. This is very helpful if your child’s income falls short of qualifying for the mortgage on their own. You as the parent would apply for the mortgage with your child who would live in the property as their primary residence yet you the parent would not, therefore the “non occupant” part of the co-borrower. Your income and assets may be used for qualification purposes. The parent as a non occupant coborrower would take title to the property with the child and would also be responsible for the mortgage payment with the child.

We are in the midst of what may be the greatest opportunity in one’s lifetime to purchase a home. The above scenario’s are not only available for parents, any close relative or person with an established close personal relationship may be eligible to assist in the ways mentioned above.

We are in the midst of what may be the greatest opportunity in one’s lifetime to purchase a home. The above scenario’s are not only available for parents, any close relative or person with an established close personal relationship may be eligible to assist in the ways mentioned above.

If we teach our children well, it may become contagious and they will assist their child when it comes time to buy a home, to realize the American Dream and you never know, the above parameters not only a apply to a parent helping a child, the same requirements will apply if a child wants to assist their parent(s) so teach your children well.

Please contact us directly to learn how can you help.
Dave Jefferlone

Total Mortgage Services, LLC

326 West Main Street

Milford, CT 06460

Phone: 203.876.2200

Fax: 203.783.5632

Twitter: http://twitter.com/totalmortgage

Blog: http://www.totalmortgage.com/blog

Why Total Mortgage?

Total Mortgage is an industry leading mortgage broker and lender, having funded over $4 billion in mortgage loans since 1997. The mortgage professionals at Total Mortgage have become trusted financial partners with thousands of homeowners across the country. From our enthusiastic and knowledgeable staff of licensed loan officers to our proficient and dedicated closing department, and everything in between, Total Mortgage has the tools to get the job done right. Our advanced processing technology allows us to handle each individual file with tremendous attention, while our in-house underwriting offers the speed and flexibility that is not typical of the mortgage industry today. Whether you’re a first-time homebuyer or simply looking to refinance, Total Mortgage offers a variety of products and programs to suit your needs, including fixed-rate mortgages, adjustable-rate mortgages (ARMs), jumbo mortgages, reverse mortgages, FHA loans and more. Visit TotalMortgage.com for today’s current mortgage rates.

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Mortgage Interest Rates Make Dramatic Rise After Bailout Passes
By Ki Gray

This week 30 year mortgage rates rose over half a point. This is the largest one week increase this year. It’s interesting that the rate increases happened after the bailout was passed by the government. Although this is not a sign the bailout will fail its not a positive sign of its future effectiveness. The primary purpose of the bailout was to influence banks to lend. And “hopefully” taking away billions of bad loans would cause banks to ease restrictions and lower rates. Instead we are seeing a dramatic rise in rates. In essence the banks are saying thanks for the money but it’s not going to cause us to lend. How much have rates risen? Besides a period at the end of July and the beginning of August 30 year mortgage rates are the highest they have been all year. Below are rates for the last few weeks.

October 16, 2008
30-yr 6.46 15-yr 6.14 5-yr ARM 6.14 1-yr ARM 5.16

October 9, 2008
30-yr 5.94 15-yr 5.63 5-yr ARM 5.90 1-yr ARM 5.15

October 2, 2008
30-yr 6.10 15-yr 5.78 5-yr ARM 6.00 1-yr ARM 5.12

September 25, 2008
30-yr 6.09 15-yr 5.77 5-yr ARM 6.02 1-yr ARM 5.16

The thing that jumps out here is that Arm rates jumped up less than rates on fixed mortgages. In fact 1 year arms hardly moved at all this week. This is probably because fixed rate mortgages have fallen more over the last 2 months. In contrast, 1 year arms have kept pretty steady the last few weeks.

Ok let’s look at what these rates mean for an actual mortgage payment. Looking at a 200k loan lets see what current mortgage rates translate into for a mortgage payment. In addition to today’s rates we also looked at rates from last week and last month.

October 16th
30-yr $1258.87
15-yr $1702.87
5-yr ARM $1217.16
1-yr ARM $1093.28

October 9th
30-yr $1191.39
15-yr $1647.99
5-yr ARM $1647.99
1-yr ARM $1092.05

September 25th
30-yr $1210.69
15-yr $1662.96
5-yr ARM $1201.67
1-yr ARM $1093.28

So as we can see the rate increases this week are anything but trivial. For a 200k mortgage the mortgage payment increased $67.48 which translates into a 5.7% increase. So what is going to happen in the next two weeks? Last week we said we didn’t know if rates were going to go up or down but we felt mortgage interest rates would probably be volatile given the current market. That’s what we saw this week and we continue to see a pretty volatile market.

Additionally, I think the chance that rates will go down this week is greater than the chance they will go up. Basically, after a large move up or down rates tend to have a slight correction the next week. The other bit of news is that the government is having a 7,500 tax credit for first time home buyers. So hopefully that will to some degree offset the negative impact of higher interest rates. The real question is what is going to happen over the next few months. The hope is that the bailout will eventually lower mortgage rates. But the initial reaction (the largest jump all year) is anything but positive.

Escapeso Realty operate in Austin. Their site has a tool that graphs mortgage interest rates along with a free mortgage calculator.

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Mortgage Interest Rates Tumble After Fast Rise
By Ki Gray

So I imagine many people are breathing a sigh of relief this week. Last week mortgage rates made one of the largest one week jumps in the last 20 years. 30 year rates rose from 5.94 to 6.46 for over a half point increase. I thought that rates would drop this week since typically after a large move rates readjust in the opposite direction. But instead of a small readjustment rates tumbled back almost to the same position they were at last week. After going from 5.94 to 6.46 last week 30 year rates came back down to 6.04. We saw the same basic thing with 15 year rates. Last week they jumped from 5.63 to 6.14 and this week they fell back down to 5.72. Here are rates for the last 3 weeks for the different mortgage products.

October 23, 2008 – 30-yr 6.04 15-yr 5.72 5-yr ARM 6.06 1-yr ARM 5.23

October 16, 2008 – 30-yr 6.46 15-yr 6.14 5-yr ARM 6.14 1-yr ARM 5.16

October 9, 2008 – 30-yr 5.94 15-yr 5.63 5-yr ARM 5.90 1-yr ARM 5.15

The one mortgage product which seems to be operating in its own world is the 1 year arm which rose for the third straight week. As can be see above while 30 and 15 year rates are above what we saw 2 weeks ago they are both below rates we saw 3 weeks ago. Also it’s interesting that for the first time since 2005 (which is as far back as I have data on 5 year arms) the rate for a 5 year arm is higher than the rate on a 30 year loan.

OK rates are one thing but let’s see what all these rates mean for a monthly mortgage payment. Using our mortgage calculator we translated the rates into a mortgage payment for a 200k mortgage.

October 23rd

-30-yr 1204.24
-15-yr 1657.60
-5-yr ARM 1206.82
-1-yr ARM 1101.93

As rates jumped up two weeks ago and came down this week we are seeing the same thing with mortgage payments. What stands out is that on a 30 year 200k loan the payment came down from 1258.87 to 1204.24. So if you got a loan last week it might be worth seeing if you can relock at today’s lower rates. Additionally, if you inquired about refinancing last week and found it was not worth it might be worth it to check again.

If you are looking at getting a mortgage the first obvious takeaway is to avoid the 5 year arm. With rates on a 5 year arm there is basically no reason to not get a 30 year mortgage. Even if you think rates are going to drop dramatically over the next year it probably makes more sense to get a 30 year with no points and simply refinance if rates drop more.

Escapeso Realty operates in Austin Texas. Their site provides a free mortgage calculator and a graph of mortgage interest rates.

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Predicting Mortgage Interest Rates For 2009
By Michael Petrone

Predicting mortgage rates for 2009 is not as hard as it would seem to be. Here are my predictions for mortgage rates for the remainder of 2009, and part of 2010. This will help you know when the best time is to refinance or get a home loan modification in 2009.

Mortgage rates right now are around 5.19% for a typical 30 year fixed rate home loan. Earlier in 2009, the rates for the same loan were around 4.69%. This .5% difference, seems small, but could make a big difference in the savings a homeowner would get overall.

I think that earlier in the year, the rates were so low due to the bad housing market, and the struggling economy. Mortgage rates dropped as a result to spur interest in the housing market. When the rates dropped, the amount of applications from homeowners looking to refinance skyrocketed. Mortgage lenders and banks quickly became overwhelmed with paperwork from desperate homeowners. As a result, the mortgage rates were increased to where they are today, around 5.19%.

However, I think that we will see another rate drop again this year. It is only a matter of time before the lenders and banks catch up with all the refinancing applications. Once they do, around October or so I predict, the mortgage rates should drop again. I expect the rates to drop to their prior lows of 4.69% for a typical mortgage. This will generate a whole new wave of interest from homeowners looking to save money, or their home from foreclosure. I think that the 4.69% mortgage rate will last until April or so of 2010.

Homeowners wanting to get a refinancing or mortgage modification should wait a few months, if possible, to see just how low the rates will go. Otherwise, if your facing losing your home or other financial problems, take the plunge and refinance now. While I think rates will get lower, the rates available now are certainly not considered high at all, and a lot of homeowners can take advantage by refinancing their home loan.

At my site I will teach you how to properly refinance or modify a home mortgage saving you thousands of dollars, or even your home. A lot of Greedy Mortgage Lenders will try to suck you dry if you let them. Learn the right way to refinance or modify your home loan at my site: http://www.refinancingcondo.com

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