Jim & Natalie almost lose their home!

On January 31, 2010, in Uncategorized, by Hans Bruhner

Recently Jim & Natalie came to me for advice. I had helped them get into a house a few years earlier when a large national lender changed the game on them at the last minute and asked for a larger down payment. I won’t name names but….. it was Bank of America, shhhh. I got [...]

Delaware First Time Home Buyer Seminar – Feb. 27, 2010

On January 31, 2010, in Tips And Advice, by John R. Thomas

There will be a Free First Time Home Buyer Seminar on February 27, 2010 from 10:00 AM till Noon and from 1:00 PM till 3:00 PM at Christiana Hilton Hotel in Newark, Delaware. The seminar will cover all the basics of buying a home. It will cover Delaware First Time Home Buyer Programs, Delaware FHA [...]

FHA Rules Help Los Angeles Flip Market

On January 29, 2010, in Tips And Advice, by Brian Wiesner

New FHA rules will greatly aid in the home sales market of foreclosed properties in Los Angeles and other areas of California.  HUD has announced a temporary waiver of its regulations providing that a loan will not be eligible for FHA insurance if the contract of sale for the purchase of the property is executed within [...]

Beware the Ides of March: Atlanta Mortgage Rates Set to Spike

On January 29, 2010, in Mortgage Rates, by Jim Duffy

GDP numbers for the fourth quarter are out this morning, and the economy grew at a surprising 5.7% rate – better than anyone expected!  And stocks will open higher, and milk and honey will flow!  And, very shortly, singing and dancing will turn to tears. Why? Simple. The Federal Reserve said again on Tuesday that [...]

Introductory Post

On January 28, 2010, in Tips And Advice, by Michael Mullin

Top 3 Spokane, Washington Mortgage Articles and Questions USDA Rural Loan Program – The Cure For No Down Payment In Spokane, WA Purchasing A Home In Spokane With An FHA Home Loan What Are Mortgage Interest Rates In Spokane, WA? Contact Us For Your FHA, VA, USDA or Conventional Home Loan In Spokane Washington – [...]

Big Changes for FHA Loans in Portland, Oregon

On January 28, 2010, in Tips And Advice, by Dustin Hughes

After the bubble burst on subprime loans in the wake of the mortgage meltdown of late 2007, loans backed by the Federal Housing Administration (FHA) became the de facto “go-to” instrument for anybody seeking to secure a mortgage with a low down payment and/or less than stellar credit.  However, being the “low-down-payment-imperfect-credit-go-to-lender” comes with a [...]

San Jose Mortgage Rates set to go up after March 2010

On January 27, 2010, in Mortgage Rates, by Shashank Shekhar

The Fed’s statement today does not augur well for San Jose Mortgage Rates. The Fed’s policy-setting committee stuck to a plan to end its purchases of mortgage securities by the end of March. History – The program to purchase agency mortgage-backed securities (MBS)  was announced by the Federal Reserve on November 25, 2008. In September, 2009, [...]

Portland Oregon Number 1 Senior Living City (Can Eugene be far behind?)

On January 27, 2010, in Mortgage Programs, Refinance Process, Tips And Advice, by Fred Chamberlin

Portland Oregon offers the best senior living benefits in the U.S, according to a recent survey produced by a partnership between Bankers Life and Casualty Company and Sperling’s BestPlaces. The Eugene/Springfield area was probably too small for the competition, but those of us living here think it is a pretty darn nice place to live.

Low Mortgage Rates and Low Home Prices Drive Sales in Palm Beach, Martin, St. Lucie, Broward and Miami-Dade Counties

On January 25, 2010, in Mortgage Programs, Mortgage Rates, Tips And Advice, by Jim Sahnger

South Florida Home Sales Jump Led by Miami-Dade Single family home and condominium sales were up across the board as all of South Florida beat the national numbers reported the National Association of Realtors today in terms of percentage increase in units sold for the month of December on a year over year basis. Media [...]

FHA Changes Pre-Foreclosure Assistance Rules

On January 25, 2010, in Refinance Process, Tips And Advice, by Fred Chamberlin

Oregon borrowers had to be at least 30 days behind on their FHA Insurance Mortgage Loan payments to get assistance from FHA, up until now. That has changed and homeowners with FHA-insured mortgage loans who are experiencing financial hardship are now eligible for loss mitigation assistance before they fall behind on their mortgage payments, according to a recent release from the U.S. Department of Housing and Urban Development (HUD).