April 3rd is the last day to get the cheaper mortgage insurance premiums /financing rates for FHA loans. As of April 4th, MIP, or FHA's version of PMI/ mortgage insurance, rises from 1.75% to …
54% Have Good Scores
If 54% of American's have a credit score that's good enough to buy a house... that means 46% of American's are listening to Debt Collector Calls... no wonder we're depressed! But there are also debt …
2010 Tax Credit
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What Does It Mean When USDA Runs Out Of Money?
Every year Congress puts funds into the USDA Rural Development "Account" for them to lend out to home buyers. It's a great program that requires no money down (for program details click here)... On …
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Congress Makes Changes To Credit Card Rules
Congress is watching out for us - and this time, it might really be a GOOD thing! Credit card users can expect the most dramatic changes in credit terms, interest rates and fees in decades once a new …
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NC FHA Condominium Loan Details
The FHA Program for Condominiums is a tiny bit different from the program that covers "traditional" Single Family Homes. Originally, the program was designed with differnt mortgage insurance coverage, …