PMI for FHA is going UP!!! ACT NOW!!!

“The Dudes of Real Estate”, Dean Sueltenfuss and Josh M. Boggs discuss with their first guest speaker Corey Ehlers from United Lending on the up and coming changes from FHA that are increasing the PMI monthly rate on April 18th, 2011. This means some increases in monthly payments are coming which is going to make [...]

Why Interest Rates in California are going up on April 1st

www.rmilending.com. Rich Iacovetta. RMI Lending. If you are thinking about buying or refinancing a house and using a mortgage broker in San Jose, San Francisco or anywhere in the bay area of California, you might want to inquire about interest rates before April 1st

Rental rates going up in Cd’A area

Rental rates going up in Cd’A area
COEUR d’ALENE – A tightening market has increased rental rates on houses and apartments in the Coeur d’Alene area, according to local property managers.
Read more on Coeur d’Alene Press

FHA MIP is going up!

Amid all the challenges in our real estate and lending environment it has been announced that FHA is increasing their mortgage insurance premiums…again. Contact me for details. 615-400-4186

Wallaceburg Kinsmen going to council to ask for financial help

Wallaceburg Kinsmen going to council to ask for financial help
Due to unforeseen expenses, the Kinsmen Club of Wallaceburg is seeking municipal assistance to help finance the completion of its recreation and community centre project.[...]
Read more on Wallaceburg Courier Press

Home Prices Going Higher This Spring?

Home Prices Going Higher This Spring?
Home prices look up this spring, but the longer-term indicators are more murky.
Read more on Morningstar.com via Yahoo! Finance

FHA Refinance DEAD? FHA Streamline Going DOWN!

For more information tucson-fha-loans.com. The FHA Streamline Refinance is currently the easiest way to get an FHA Refinance, but that is about to change. With the Streamline FHA you do not need to get an appraisal, verify your employment or even verify your assets. As long as you’ve been making your monthly FHA payments, you [...]

March 25 – Update on the latest increase in Mortgage Rates and what is going to happen next?

As we have been saying for the past few recordings the Federal Reserve is ending it’s Mortgage Backed securities repurchase program. Rates went up 0.25 – 0.375 percent in the past 24 hours. What’s going to happen now? What’s the recommended course of action? Watch the video.

Is today’s stock market rally going to influence the mortgage interest rates tomorrow?

I’m debating to lock in my mortgage today with not so great rates that closed on Friday. Today had a huge stock market rally, do you think the mortgage rates will drop tomorrow?
What I’m debating is should I lock in rates today or wait until tomorrow because of this rally? I know morgage [...]

Why do mortgage rates keep going up after the Fed lowers their interest rate?

We’re in the market for a house, and it would seem that the lowering Fed rate would trickle down to the mortgage business. Instead, those rates keep going UP! How do they expect people to help out the economy by buying homes when they keep making it so unattainable and unattractive?