Search Powered by:
Frankly I don’t think the pure salesmen will be able to convert to professionals. There has been such a...
Tag: fha jumbo
Friday Rates are Improved
This week month continues to be very ugly for the stock market and traders are seeking the safety of bonds. In fact, the DOW is on track for being the worst June since the Great Depression and we have oil closing at a record $140. Mortgage rates continue to be very volatile and odds are, [...]
Posted: June 27th, 2008 under General Real Estate, Mortgage and Lending.
Tags: conforming, conforming jumbo, FHA, fha jumbo, interest-rate, mortgage-rate, non-conforming, va loans
Comments: 9
How Much Home You Can Buy with $17,550 Down
My purpose for this post is to hit it home what a great window of opportunity we have with FHA Jumbo mortgages which are only around until December 31, 2008 unless Congress passes an extension of some sort (which is a possibility-but not guaranteed).
For the remainder of this year, you can use $17,550 to buy a [...]
Posted: June 18th, 2008 under Buyer Information, General Real Estate, Mortgage and Lending.
Tags: 3% down, buydowns, FHA, fha jumbo, flex 97, low-down, Mortgage and Lending, seller contribution
Comments: 123
Upcoming Changes with FHA Mortgages
Update October 27, 2008: many of the changes mentioned below have all ready changed! Please visit Rain City Guide’s Mortgage Info page for the most current information.
I was just reading Brian Montgomery’s speech from yesterday which reminded me of what’s on the horizon with FHA insured mortgages. He points out that the increased loan limits are temporary–you [...]
Posted: June 10th, 2008 under Buyer Information, General Real Estate, Mortgage and Lending.
Tags: daps, down payment assistance programs, FHA, fha jumbo, fha mi, mortgage-insurance, upfront mortgage insurance
Comments: 28
