Been shopping for a mortgage rate? You may want to lock something down. Tomorrow morning, mortgage rates are expected to change. Unfortunately, we don’t know in which direction they’ll move.
Mortgage Guidelines Resume Tightening Nationwide
Despite an improving U.S. economy, the nation’s banks remain cautious about what they will lend, and to whom.
FHA Mortgage Insurance Premiums Increasing April 9, 2012
Planning to use an FHA-backed mortgage for your next home loan? You might want to get your application in gear today.
Loans For Underwater Homeowners : HARP 2.0 Now Available
The new, revamped HARP program is now available. It was officially released Saturday, March 17, 2012 by Fannie Mae and Freddie Mac.
FHA Drops Upfront Mortgage Insurance Premium To 0.01% For Qualified Borrowers
Beginning mid-June 2012, certain current, FHA-backed homeowners will be able to refinance their existing FHA mortgage into a new one, without having to pay the government-backed group’s new, costly mortgage insurance premium schedule.
FHA To Raise Mortgage Insurance Premiums April 1, 2012
Beginning April 1, 2012, the FHA is once again raising its mortgage insurance premiums.
Fewer Jobless Claims Suggests Higher Home Prices Ahead
Economists believe the strength of the 2012 housing market will be closely tied to jobs. If they’re right, the housing market is ripe for a boost.
Revamped HARP : Unlimited Loan-to-Value And Same Great Rates
The government’s new, revamped HARP program is 6 weeks from release. Homeowners are gearing up to refinance.
Lock Your Mortgage Rate : New Loan Fees Expected Within Days
Starting soon, nearly all home buyers and refinancing households nationwide will pay higher mortgage loan fees. Congress has made it law.
Mortgage Payments Fall 12% Since February 2011
As mortgage rates drop, so do housing payments. It’s a good time to consider refinancing your home, or making an offer on a new one. Mortgage payment affordability has never been so high in history.