Significant events happen in the mortgage market every day. Lending rules change constantly, and rates are always in flux. We give you the news, but also the “so what” factor: how market changes affect your home finance plans. Whether you plan to buy or refinance, our reports will help you make the best decisions and lower your homeownership costs.
January 27, 2022
Editor’s Note: The HARP program expired December 31, 2018. The Freddie Mac Enhanced Relief Refinance (FMERR) loan program is a popular replacement option. Plus, Fannie Mae’s High LTV Refinance Option […]
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January 1, 2022
Everyone tells home buyers to shop around for a mortgage loan. But comparing mortgage loans is not a simple task. It’s not oranges to oranges or apples to apples. The […]
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January 1, 2022
New appointments are a grey area: some go well while others spell “catastrophe”. Despite careful screening and due diligence, uncertainty, especially from a policy perspective, often prevails the first few […]
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Home Buying · Jumbo Loans · News · Refinance
January 1, 2022
A jumbo loan is any loan that is above the standard lending limits of FHA, VA, or conventional. While still a bit harder to find than the more common loan […]
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January 1, 2022
As we roll into 2014, some of the loose lending problems of the last decade still raise their heads. I say that because of a situation with some clients, I […]
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Conventional Loans · FHA Loans · News
January 1, 2022
You want to buy a house. Good for you. But you don’t have a lot of money to put down on it, and your credit history isn’t as stellar as […]
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January 1, 2022
On January 10, 2014, one of the biggest changes ever to the mortgage industry will go into effect. A rule created in 2010 in the wake of a housing meltdown […]
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January 1, 2022
The big advantage to an FHA streamline refinance is that you can skip the requirement for an appraisal. But, in some cases, you may opt to get an appraisal on […]
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January 1, 2022
The average mortgage consumer almost never expects lower rates. According to Fannie Mae’s monthly National Housing Survey, consumers are not very good at predicting when rates will rise or drop. Fannie […]
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FHA Loans · Home Buying · News
January 1, 2022
In February 2010, FHA ended its policy that allowed buyers to request one-off approvals for individual condo units within a condominium project that was not FHA-approved. This policy, called a […]
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