Today is the first installment of our “Ask a Banker” series where bankers help answer some frequently asked questions submitted by clients. Check it out!
Renting vs. Buying, ARM vs FHA and Paying Points – Watch-It Wednesday
by Eric Mally on October 12, 2011 in Home Buying, Mortgage Rates
Higher Conforming Loan Limit Set to Expire October 1
by Jonathan Slappey on August 9, 2011 in Economic Analysis, Home Buying, Home Sales, Refinance Mortgage
A strong push by a bipartisan group of lawmakers is being made to prevent a scheduled drop in the loan limit of mortgages backed by Fannie Mae and Freddie Mac.
FHA Could Be Shut Down Over Debt
by Kristen Curzytek on July 5, 2011 in Mortgage Updates and Changes
The Federal Housing Administration (FHA) could possibly shut down. If this occurs, a valuable source of mortgage credit for homebuyers will no longer be available.
Mortgage Rates Trend – Rates Rising, Quicken Loans CEO Bill Emerson Tells FOX Business
by Clayton Closson on April 7, 2011 in Home Buying, Market Update, Mortgage Rates, Smart Shopper
Today Quicken Loans CEO Bill Emerson appeared on FOX Business and told them, among other things, that the trend in mortgage rates is likely to go one way. Up.
FHA Loans MIP Change Coming April 2011
by Amber Hunt on March 21, 2011 in Home Buying, Mortgage Updates and Changes, Refinance Mortgage
Changes to FHA Loans & MIP take effect on April 18,2011 – how will they impact you? Find out now!
Obama Administration Proposal Could Raise Mortgage Interest Rates
by Victoria Araj on February 11, 2011 in Mortgage Rates
Today, the Obama Administration proposed three options aimed to reduce the government’s role in the mortgage industry, but all three options are expected to cause a rise in interest rates.
FHA Mortgages
by Victoria Araj on December 6, 2010 in Home Buying, Mortgage Rates, Refinance Mortgage
The Federal Housing Administration (FHA) doesn’t make or guarantee loans, but it’s been insuring home loans since 1934. The insurance on FHA loans removes or [...]
Watch-It Wednesday: What is a Reverse Mortgage?
by Amber Hunt on October 27, 2010 in Refinance Mortgage
In our weekly video blog, Jen Horvat clears up the confusion surrounding reverse mortgages.
Watch-It Wednesday: FHA Streamline Refinance
by Amber Hunt on September 15, 2010 in Mortgage Rates, Refinance Mortgage
Mortgage Help: New Program Announced To Help Underwater Borrowers – The FHA Short Refinance
by Amber Hunt on September 13, 2010 in Homeowners Tips
The Federal Government has announced a new program to help borrowers who are currently underwater – the FHA Short Refinance. Find out if you can benefit from this new program.
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