Forbearance Numbers Are Lower than Expected
Originally, some housing industry analysts were concerned that the mortgage forbearance program (which allows families to delay payments to a later date) could lead to an increase in foreclosures when…
Originally, some housing industry analysts were concerned that the mortgage forbearance program (which allows families to delay payments to a later date) could lead to an increase in foreclosures when…
FHA home loans have two types of mortgage insurance - up-front mortgage insurance premium (UFMIP) and monthly mortgage insurance (MIP). I've covered FHA monthly MIP in another post so the…
The residential real estate market has definitely been the shining light in this country’s current economic situation. All-time low mortgage rates coupled with a new appreciation of what a home…
We just added another video to our YouTube channel. Here it is...https://www.youtube.com/watch?v=pwnRUeP2ZiY Debbie W asked, “What’s the difference between a recast and a refinance?” If you are wondering the same…
In today’s housing market, it can be a big challenge for buyers to find homes to purchase, as the number of houses for sale is far below the current demand.…
We just added another video to our YouTube channel. Here it is...https://www.youtube.com/watch?v=siIzMuSUKhc Michelle S emailed asking…”I am a future client, and I have a few questions. I recently came into…
The news these days seems to have a mix of highs and lows. We may hear that an economic recovery is starting, but we’ve also seen some of the worst…
We just added another video to our YouTube channel. Here it is...https://www.youtube.com/watch?v=bb41vL5WHBo Refinancing just got more expensive because of the Federal Housing Finance Agency’s decision to increase rates by a…
Some Highlights Sometimes it helps to see the dollars and cents you’ll save when you purchase a home while mortgage rates are low. Today’s low rates mean it’s less expensive…
We just added another video to our YouTube channel. Here it is... Looking for down payment assistance so you can make a home purchase possible? You might be wondering how…