The Fed met last month, and lowered the Fed Funds Rate. That generally gets reported on "the streets" of America, as interest rates in general have gone down. But they didn't. They went UP. This is …
Refinance Options For FHA Mortgages
If you currently have an FHA Mortgage, we might want to peak and see if you're eligible for an FHA Streamline Refinance. This is a great program, that differs GREATLY from other mortgage programs! …
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Freddie Mac Cash Out Changes
Freddie made a change to their “cash out” requirements on their limited rate term refinance. Cash back is now allowed to be the greater of 1% of the mortgage amount or $2000. This is more allowed cash …
FHA PMI Rates 2015
FHA announced that despite some skeptics in Congress, FHA will lower the FHA PMI Rates on January 26th. The new rates are going down by almost 1/2%. Because of this reduction, new home buyers will …
FHA Streamline Refinance Documentation
We are getting tons of questions on this blog about FHA Streamline Refinances, how long it takes to close a FHA Streamline Refinance, what the FHA Streamline Refinance rates are... you get the …
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Divorce and Refinance
With the economy being what it is... I guess more people are considering divorce. I haven't seen a "headline" about it, but we're certainly getting calls! If you're in that boat, my heart goes out …