Changes are Coming to FHA Loans
Starting April 1, changes are being made in FHA loans that will have an impact on borrowers. After…
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Mortgage rates for the week
Here are the weekly mortgage rates compliments of Ted Gosnell of First Home Mortgage. “The global economic news…
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Fannie Mae Announces Eviction Moratorium
Fannie Mae has announced recently that it will suspend evictions of foreclosed single family and 2-4 unit properties…
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The Cost of Getting a Loan is on the Rise
Closing costs for a mortgage averaged $4,143 last year, which is 12.4 percent higher than in 2010, Bankrate.com…
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Most Home Owners Unaware of Gov’t Aid Programs
More than 70 percent of home owners are unaware of government mortgage modification programs to help underwater borrowers,…
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FHA Hikes Fees on Mortgages
Home buyers with mortgages backed by the Federal Housing Administration will soon see a rise in fees, the…
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More Bank Madness
I received a call from a client this morning who told me he had called his bank and…