This has been a familiar story over the last two months. Rates were at their lowest about 11 weeks ago. Over the last 7 days, mortgage rates have increased slightly...Read More
You have likely heard how important your credit score can be in securing a mortgage and getting the best interest rate. Have you ever wondered how it is calculated? Here...Read More
A cash in refinance is the opposite of a cash out refinance! Over the last few years, many people refinanced their homes and took equity out of them to pay...Read More
The HomePath mortgage program is available to buyers that are looking at Fannie Mae owned properties. It is a special financing program to provide an alternative to FHA and other...Read More
There are more changes coming to conventional loans starting in April 2011. These changes will affect the cost of mortgages and in most cases, they will become more expensive. The...Read More
Fannie Mae changed their rules last month regarding gift funds. The new rules state that you can use gift funds for the entire down payment and no longer need 5%...Read More
FHA has a program that many parents have used if they have kids in college to help cut the cost of housing. FHA will allow a family member to be...Read More
After the last few years the words adjustable rate mortgage scares everyone. However, if you are planning on staying in a home for a short time or you know your financial...Read More
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