December 23rd, 2009
Are your considering buying a home after the first of the year? With interest rates at historic lows, many home bargains on the market, and an extended and expanded tax credit, many of us are. So, add to your "I'll eat better and exercise more" type of new year's resolutions with some to make your [...]
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December 17th, 2009
Generally, people only think of visiting a mortgage broker or lender when they're considering the purchase of a home or other real estate. You need financing, so you seek out a source. And, we're here, sincerely desirous of your trust and consideration. But, if you're a seller in today's market, it's unlikely you've thought about [...]
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December 17th, 2009
The Obama administration's attempts to help homeowners stay in their homes through mortgage modifications are working...to a point. These rules and policies were put into place to help borrowers who are in trouble with their mortgages. These are people behind in their payments, and likely under water, owing more on their homes than they are [...]
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December 14th, 2009
While we've posted recently about the FHA easing up on some restrictions and rules related to condominium loans, there's discussion in the FHA and with policy-makers about various new rules and limits that could make it more difficult overall to get a new FHA mortgage. While the FHA is in better financial condition than a [...]
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December 7th, 2009
In yet another government attempt to spur the housing industry, the FHA is relaxing some of the rules that have kept many borrowers from purchasing condominiums in the past. With condos suffering as much or more than single family detached homes, the FHA is doing its part to help.
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