With mortgage rates threatening to approach 5% every few weeks this summer, we've had more and more interest in ways to get mortgage rates fixed at below market mortgage rates. One of my favorite ways …
Conforming Loan Limits Could Be Lower in 2014
Housing and Mortgage Reform are one of the themes discussed in all corners of Washington DC this week as the House and Senate Financial Services Committees consider winding down Fannie Mae and Freddie …
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Minimum Credit Scores for Mortgages Spring 2013 Update
For the past couple of years, when we talk to a borrower with a credit score of 580 to 600 - we told them they had a 3 to 4 month waiting period before they could buy a house. In MOST cases, that was …
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Mortgage Down Payment Requirements 2013
Most of the folks we talk to want to know what the mortgage down payment requirements are in 2013 because they are either trying to preserve cash... or they are hoping to avoid PMI. Fortunately, …
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First Time Homebuyers – Rates Going Up
We talk to First Time Home Buyer's everyday that tell us, "We're Looking!" Well - here's my advice... HURRY UP!! Why would I say that? Higher Mortgage Rates especially impact First Time Home …
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FHA – June is Biggest Month Ever! WOW!
FHA announced that in June, of 2013 they had a RECORD month! Nearly 89,000 of insured mortgages in June for new purchases. If you are a First Time Home Buyer considering a purchase in NC, learn …
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