Posts By Shashank Shekhar
Location
California
Phone: 408.905.6261
Posts
March-2011, the Best in 4 Years for San Francisco Bay Area Real Estate: In the month of March-2011 a total of 7,051 real estate properties comprising new and re-sale houses, condos were sold in the nine-county San Francisco Bay Area. According to San Diego-based DataQuick, this was an increase of 41.3% over the figures in [...]
According to the FHA statements the Annual Mortgage Insurance Premium has recently increased on standard SF Bay Area FHA loan programs. In October 2010, the FHA increased the insurance premium and this latest increase was the second within a period of six months. The important changes effective from April 18th are given below. 1.The Annual [...]
FHA yesterday announced changes to San Francisco Bay Area Streamline refinance transactions. The FHA issued Mortgagee Letter provides guidance on the changes as well as clarification on existing Bay Area streamline refinance guidelines. Here are the 6 things you need to know about these clarifications and changes: Borrower must be current on their mortgage for [...]
It’s time to revisit the pre-approval amount that you qualified for your SF Bay Area home mortgage application, if that was done more than 2 weeks back. The big reason – mortgage rates have spiked by ~.75% in just over 4 weeks. Last week Freddie Mac released the results of its Primary Mortgage Market Survey®, [...]
San Francisco Mortgage Rates rise for the 4th straight week – Now up .50%. Freddie Mac today released the results of its Primary Mortgage Market Survey®, which found that once again, both Fixed and Adjustable mortgage rates for Bay Area and rest of California rose this week. This was the fourth week in a row [...]
How will Fed’s Quantitative Easing impact San Francisco Bay Area Home Loan Rates for Refinance and Home Purchase?
But before we get into how this will impact mortgage rates for San Francisco Bay Area current and future home owners, lets find out what does Quantitative Easing (QE) really means!
In this post I am talking about eligibility guidelines for a San Francisco Bay Area FHA Loan after you have gone through Judgment, Collection, Bankruptcy or Foreclosure. FHA Loan after Collection and Judgment: FHA does not require that collection accounts be paid off as a condition of mortgage approval. However, court-ordered judgments must be paid off before [...]
About Mortgage Daily TV
NOT The Government
*This is not an offer to lend. We are not the FHA, VA, USDA, HUD or any other government organization.
