In today's market, many homebuyers have heard that 100% loan programs are gone, but that's simply not true. It's just one of the reasons you're gonna' LOVE FHA! Low Downpayment: FHA considers the …
Slow Credit and FHA
It takes a certain amount of courage to purchase your new home... I take that back. The actual BUYING and picking out a home is a BLAST - it's that first time sitting in the lobby waiting for the …
FHA Might Be The Ticket!
There are pros and cons of FHA financing - but it just got better for those of us in the Triangle because our minimum loan limit is $295,000. An FHA loan is a loan insured against default by the …
WOW! FED LOWERS BY 75 Bps – must be bad!
Dark clouds are brewing over the family farm... Prior to the Fed's move a couple of minutes ago - the 10 year was already trading at a level that would allow us to offer 30 year fixed mortgage …
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Fed Guidelines on Subprime
Not everyone is happy about the apparent "light touch" the Fed had in issuing guidelines yesterday regarding SubPrime Mortgages... STATEMENT OF SENATOR DODD, CHAIRMAN OF THE SENATE BANKING …