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  • Fidelity Title Calls Off the LandAmerica Merger (92)
    • Rhonda Porter: I’m re-reading the email in comment 87, I think the key word is “ownership” in stating their ownership does not include LandAmerica...
    • Rhonda Porter: The link is from Rainier Title’s website for their rate sheets. The cover of the rate sheet has LandAmerica and Commonwealth front and center....
    • Kary L. Krismer: Rhonda, what I’m not seeing in that link is a reference to Rainier Title (except for the web address). But I love this part of the email:...
    • Rhonda Porter: Roger, I wonder if AmTrust doesn’t understand “who’s who” in title–that’s amazing–thanks for sharing that. I...
  • Is the housing market performing “as expected”? (104)
    • Kary L. Krismer: I think what Bernanke was doing was trying to avoid the mistakes of Ford/Carter where the Fed clamped down on (what I consider non-existent)...
    • ARDELL: I blame Bernanke for pretty much everything. His penchant for reversing Greenspan also reversed the Country. He didn’t want to put his finger in the dike...
    • Kary L. Krismer: Bernanke will be in place possibly through Obama’s first entire term, or at least most of it (unless I’m forgetting how long he’s...
    • ARDELL: I keep thinking how lucky Obama is going to be a few years from now, if he can take the credit for things getting better. He certainly won’t get the...
  • HUD Passes RESPA Reform, New GFE Coming in 2010 (47)
    • jeremy hickling: Yeah- turning over all direction of 3rd party service providers to borrowers might in many cases be like turning loose addicts in a pharmacy. They...
  • Q&A with the Banker Panel at the National Auctioneers Association (2)
    • Kary L. Krismer: Sniglet, bankers might not know that. Non-judicial foreclosure is so favorable to lenders that they probably don’t even typically look at the...

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Tag: 30-year-fixed

Will St. Patty’s Day Bring Us Luck with Conforming Loan Limits?

By mid-March, HUD is required to publish what they determine to be median home prices which Fannie Mae and Freddie Mac will be using for what the temporary loan limits will be (125% of the median home price). I’m hopeful that Fannie, Freddie and banks are working dilingently NOW on what the guidelines and [...]

Friday’s Rates — Still low!

Mortgage rates continue to be very attractive, however this may change at a moment’s notice.  A rule of thumb to watch for is when the stock markets are tanking, mortgage rates may be improving.  This is because investors will seek the safety of bonds (with mortgage rates are based on).  The reverse may also be true: when the [...]

Happy Friday! Rates are slightly improved from this morning.

Conforming Mortgage Rates (loan amounts up to $417,000 for 1-unit properties).  Conforming rate quote below based on owner occupied, “full doc” with minimum credit scores of 680 with an 80% loan to value or lower and a loan amount of $400,000.   Rates quoted are priced based on a 45 day lock with 1 point and [...]

Mortgage Rates for Friday the 13th

Our family’s cat, Bagara, is pleased to report to you that on this Friday the 13th, rates are not higher.  In fact the conforming 30 year fixed is slightly improved compared to last Friday’s rates.  
Conforming Mortgage Rates (loan amounts up to $417,000 for 1-unit properties).  Conforming rate quote below based on owner occupied, “full doc” with minimum credit [...]