CAR Market Forecast CAR is predicting a 3.2% market increase in 2016 citing a strong foundation and credit easing as leading factors. Read the whole story here. CAR Market forecast October 8, 2015 C.A.R. releases its 2016 California Housing Market Forecast California home sales to increase slightly, while prices post […]
Read MoreFHA has just announced that it will dramatically cut the cost of mortgage insurance premiums. Current mortgage insurance premiums are 1.25% of the loan’s value. This amount will be reduced to .85%. This will result in a savings of about $900 a year for most typical buyers. It is about […]
Read MoreFannie Mae announces 97% LTV Options For First-Time Home Buyers and Limited Cash-Out Refinance of Fannie Mae Loans Only 1 buyer needs to be a first time homebuyer. Release of the program is December 13, 2014. According to consumer research conducted by Fannie Mae, the primary barrier to homeownership […]
Read More3% Down Mortgages from Freddie Mac have been announced! From Freddie Mac Blog December 8, 2014 Today Freddie Mac launched Home Possible AdvantageSM, a new affordable mortgage with a down payment option as low as 3%. Here are the answers to your top questions: Who is this mortgage for? The […]
Read MoreHome Thermostats Recall due to Fire Hazard! Please check your thermostat to be sure yours is ok after this Home Thermostats Recall from White-Rodgers. From Consumer Product Safety Commission Consumers should check thermostats for battery icon on the left side of the blue lighted screen, if the battery icon is […]
Read MoreFreddie Mac: Mortgage Rates Fall to 4.27 Percent From DSNEWS.com Author: Tory Barringer April 17, 2014 Average fixed mortgage rates declined for the second straight week, bringing them to a six-week low—and easing affordability conditions slightly as the homebuying season gets under way. Per Freddie Mac’s Primary Mortgage Market Survey, the 30-year fixed rate […]
Read MoreHUD Agent Training | HUD Homes the EASY Way Learn the latest Success strategies at this FREE workshop!
Read MoreNew rules for qualified mortgages took effect last week. Many lawmakers and mortgage industry leaders are showing concern that these rules could greatly restrict mortgage credit and negatively impact the housing recovery. These new rules for qualified mortgages are commonly referred to as QM rules. These are mortgages that meet […]
Read MoreHow to search HUD homes using www.HUDHomeStore.com. Watch our video to see a step-by-step tutorial on how to search HUD homes while using www.HUDHomeStore.com. First, visit the website and go to the top right corner to register as a public user. This will allow you to save your favorite properties and […]
Read MoreReverse mortgage? How will it affect me? Those are the question that are unclear to many borrowers. There is a clear lack of understanding due to deceptive marketing practices. The Consumer Finance Protection Bureau has reported that there is confusion in the reverse mortgage market. Their report has identified mass […]
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