FHA 203K loans are perfect for those of us who fall in love with a great house that has this Gosh Awful Shag Carpet! This carpet would give you a headache! How can you buy the house if you don't …
Special FHA Loan to Purchase Foreclosed Property
FHA has an "old" program that's being used in a "new" way! The FHA 203K renovation loan program is designed to help folks purchase homes that need a few repairs... and frankly, many properties that …
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The Pros and Cons of First Time Home Buyer Programs
First Time Home Buyer Programs are designed to help buyers to get into a home more easily. However, just because you’re a first time homebuyer doesn’t mean you should use a first time home buyer loan. …
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More People Refinance to 15 Year Mortgage
With mortgage interest rates being in the low 4's for a 30 year rate, more people are considering refinancing. A larger than expected number of those folks are asking for 15 year mortgage. This …
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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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Mortgage Rates for NC 6-25-2010
"There was a 7-year Treasury Note auction yesterday that was a little bit stronger than expected. Despite that encouraging news, Mortgage backed securities fell..." So, what the heck does that mean?? …
