David Stevens, the head of FHA answered questions last week about weather or not his agency would need a "Bailout" from taxpayers. FHA doesn''t make loans, but they insure them, and with so many …
Is It Time To Refinance?
Many of the people we are talking with WANT to refinance - but they figure it's probably not worth it. Generally those sentiments run from two different camps, either the homeowner is concerned that …
Are Mobile Homes Back on the Radar?
FHFA is the Government body that is in charge of just about everything when it comes to regulating FNMA and Freddie Mac. They set out new guidelines and goals for the Agencies this week. One of the …
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Does Obama Know Something We Don’t About the Economy?
I read a TON of Economic Newsletters, watch CNBC, and Congressional hearings... I'm an economic junkie who misses Louis Rukeyser! I'm always looking to see if I can figure out which way rates are …
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Property Requirements on FHA
We've talked to several people in the last couple of days who want to purchase homes using FHA's 3.5% down payment program... and they are trying to purchase some "unusual" properties. (Click here for …
FHA PMI Changes 10/4/2010
FHA Continues to make changes to their PMI Rates. Because of the number of defaults – the monthly rates and the upfront rates for FHA Mortgage Insurance continues to change. We keep this information …
