05/19/2012 2:38 pm
Mortgage Topics
Posted by from
on Tue, 04/12/2011 - 10:28am
Effective Monday April 18, 2011 FHA/HUD will be increasing there monthly mortgage insurance premiums. The monthly mortgage insurance will be increasing by approximately 25 basis points from the previous program guidelines. In essence this means that borrowers monthly cost to hold an FHA mortgage will be going up.
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Posted by from
on Wed, 02/23/2011 - 1:01pm
Mortgage Insurance Companies Are Starting To Loosen Their Belts!
Read MorePosted by from
on Tue, 11/16/2010 - 11:10am
Right after Veterans day mortgage rates went up up up. The 10 year Bond went from around 2.50% to 2.91% yesterday. That is a significant increase in the bond market. We are all unsure of where the market is going next but based on the current market, rates are still extremly low. One of two choices have to be mad. Read More
Posted by from
on Tue, 11/09/2010 - 10:46pm
The Hot Topic in the market right now is whether interest rates are going to go up or down. Its simple the longer you wait the less the chance you have of getting locked into a low rate. With the government dumping $600 billion dollars into the market most likely it will have an impact on rates, but what the impact is and how much things will move is unknown. Read More
