As with every year, income, unemployment rates and inflation will affect mortgage and housing markets in 2011. Freddie Mac analysts are looking at five features that they say should characterize...Read More
Every mortgage has closing costs, how it's paid is another thing. Within the mortgage industry, everyone has abbreviations or terms that we use on a daily basis that may not...Read More
As you know by now – nothing ever stays the same!! Both Fannie Mae and Freddie Mac are announcing some changes. Fannie has already announced most of these changes and...Read More
This week started out with rates seeing a little improvement over last week and then Wednesday came!! The bond market reacted to news out from ADP regarding private employment. ADP...Read More
If you are buying a condo and plan to use FHA or VA financing, the complex must be an FHA or VA approved condominium project. If the project is not approved,...Read More
Over the last week mortgage interest rates have been changing several times a day. Monday we saw the bond market open up positive, drop to down about 15 basis points...Read More
We have all heard that it is hard to get a mortgage and qualifying isn't the same as it used to be. Lenders have learned from the current economic crisis...Read More
The Federal Open Market Committee met this week and voted to leave rates unchanged again. They also noted that the pace of economic and job growth continues to slow. Housing...Read More
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