UncategorizedDecember 26, 2013Finance Home Improvement Projects Via FHA, VA MortgageWant cash for home improvement projects? Use the traditional "cash-out" refinance, or look to the FHA and VA home improvement loans.
UncategorizedMarch 8, 2013Mortgage Applications Surge After Rising U.S. Mortgage RatesAs mortgage rates rise and home prices climb, savvy U.S. consumers have rushed to refinance and purchase homes.
UncategorizedDecember 20, 2012Low Mortgage Rates, Rising Home Values Fell Loan Delinquency RatesFewer homeowners are expected to be mortgage-delinquent next year. Rising home values and low mortgage rates are helping the economy.
UncategorizedDecember 14, 201218.2 Million Refinances Since 2009: HARP, FHA Streamline Refi, VA IRRRL, MoreThe government's November Housing Scorecard shows $1.5 trillion in home equity replaced and 18.2 million refinances since April 2009.
UncategorizedDecember 10, 2012FHA Mortgage Insurance Premiums May Benefit From HUD Note SaleThe government is selling 40,000 FHA mortgage notes in 2013, which may lessen the need to raise its FHA mortgage insurance premiums (MIP).
UncategorizedDecember 4, 2012FHA Issues “Disaster Area” Guidance To Mortgage ServicersThe Federal Housing Administration (FHA) has published post-disaster mortgage guidelines to help its U.S. homeowners.
UncategorizedNovember 19, 2012NAR : 46% Of First-Time Buyers Use FHA MortgagesThe National Association of REALTORS® highlights today's home buyer demographics. Fewer first-time buyers are women; more use FHA financing.
UncategorizedNovember 18, 2012Mortgage Rates : All-Time Lows Into Thanksgiving WeekendConforming mortgage rates climbed last week; FHA and VA mortgage rates fell. In this week's holiday-shortened trading, rates may rise.
UncategorizedNovember 5, 2012Mortgage Rates Drop Monday Ahead Of U.S. Election ResultsMortgage rates of all types fell Monday -- conforming, FHA, VA, USDA and jumbo. Home buyers and refinancers are benefitting from the effects of Election Day and Hurricane Sandy.
UncategorizedOctober 31, 2012Mortgage Rates : Falling On Hurricane Sandy’s AftermathMortgage rates improved Wednesday on the expected economic fallout from Hurricane Sandy. Strong jobs data could wipe those gains out quickly, however.
UncategorizedOctober 27, 2012Mortgage Rates : Lower Mortgage Rates Greet The WeekendMortgage-backed securities (MBS) closed the week on a high note. VA, Conforming and FHA mortgage rates improved. Jumbo rates were unchanged.
UncategorizedOctober 4, 2012Mortgage Rates : Climbed Thursday Ahead Of September Jobs ReportOn the same day that Freddie Mac announced 30-year mortgage rates at 3.36%, rates of all types got worse. FHA, VA and conforming rates climbed Thursday.
UncategorizedSeptember 16, 2012FHA 203k Mortgage : A Construction Loan From The FHAIn 2011, more than $115 billion was spent on home upgrades nationwide. Construction loans via the FHA's 203k program remain popular.
UncategorizedSeptember 1, 2012FHA 203k Eligibility May Soon Expand To Real Estate InvestorsHUD is expected to make its FHA 203k construction loan available to real estate investors soon.
UncategorizedAugust 24, 2012Mortgages On Maternity Leave : MGIC Settlement Streamlines Loan ApprovalsMGIC settles housing discrimination claim with the Department of Justice and agrees to revise approval guidelines related to family leave.
UncategorizedJune 12, 2012HARP, FHA Streamline Refinance Support “Underwater” HouseholdsFalling home prices have lowered homeowner wealth nationwide. HARP and the FHA Streamline Refinance program are helping families save money.
UncategorizedApril 30, 2012Short Sales Play Growing Role in Home SalesNew Short Sale rules for Fannie Mae and Freddie Mac require 30-day approvals.
