Here's some great links to some articles around the web for the latest on the government's mortgage settlement. Housing Settlement Details Filed in Court - CNN $25B Foreclosure Settlement Filed in Court - BizJournals.com US Files $25B Settlement With Banks... Continue Reading →
Yesterday brought us some good news for some homeowners who would love to refinance to the current low rates, but haven't been able to since they are underwater! HUD, or the US Department of Housing and Urban Development, announced that... Continue Reading →
The Think Big Work Small Guys Comment on the Possible Principal Reduction Plan….that’s a lot of P’s…
The Think Big Work Small guys are entertaining to watch...and their comments on the possible upcoming principal reduction "help" leaves you with some good things to think about. Do we REALLY want to entice millions of good homeowners to stop... Continue Reading →
FHA Mortgages are considered one of the best ways for first time home buyers to purchase a home. The minimum required 3.5% down payment is smaller than that of conventional loans, and the credit and income requirements are slightly looser... Continue Reading →
Every time I think mortgage rates can't possibly go even lower, they continue to surprise me. Here's a great visual for you to see exactly what rates have been doing since 2000. It's a great time for first time buyers,... Continue Reading →
I met yesterday with one of my favorite lenders, Brad Brockett at Summit Funding, and we were chatting about life after a short sale or foreclosure. I was pleased to hear that the timeline isn't nearly as dire as I... Continue Reading →
By DEREK KRAVITZ AP Real Estate Writer Published: Thursday, Feb. 23, 2012 - 7:06 am WASHINGTON -- The average rate on the 30-year fixed mortgage jumped after standing pat for three straight weeks at record lows. But the rate stayed... Continue Reading →