FHA MMI increase

Hello Folks……yes I finally did a short video (trying to get my assistant off my back) explaining an increase in mortgage insurance, for those of you thinking of buying a home, refinancing, streamline, etc. The point being if you are don’t wait too long, it will cost you.

2/16 Rate Report & Homebuyer Tip of the Day: FHA MIP Increase

Today’s tip is regarding the upcoming increase to the annual mortgage insurance premium charged on FHA loans.

Dramatic increase in household mortgage arrears

Dramatic increase in household mortgage arrears
THE NUMBER of people in mortgage arrears has climbed to nearly 6 per cent of the total market, while the rate of repossessions has also accelerated, figures released by the Central Bank indicate.
Read more on The Irish Times

FHA Guideline Change May Increase Costs For Pleasanton Home Buyers (by Rodil San Mateo)

Borrowers using FHA mortgages will pay higher costs starting on April 5, 2010. This can affect home buyers and home owners who want to refinance in the Tri-Valley area of Pleasanton, Dublin, Livermore and San Ramon. This video describes two of the major changes that will affect many borrowers who plan to use an FHA [...]

Loans Make Comeback as Issuance Doubles, Buyouts Increase: Credit Markets

Loans Make Comeback as Issuance Doubles, Buyouts Increase: Credit Markets
Leveraged-loan issuance in the U.S. more than doubled this year, as private-equity firms sought funds for buyouts and borrowers refinanced debt amid a rebound from the worst financial crisis since the Great Depression.
Read more on Bloomberg

Low credit score likely to increase mortgage costs

Low credit score likely to increase mortgage costs
Since 2007, when Freddie Mac and Fannie Mae introduced “risk-based pricing,” consumer credit scores have played an increasingly pivotal role in the mortgage application process.
Read more on Detroit News

Texas Reverse Mortgage Loan Limits Increase

www.TexasReverseMortgageGuide.com 866.594.3521

30 year mortgage rates increase in the United States

30 year mortgage rates increase in the United States
30-year fixed-rate mortgages rates in the United States have increased for the first time in five weeks.
Read more on Calcutta News

Travelers Raises Forecast as Profit Climbs on Sales Increase

Travelers Raises Forecast as Profit Climbs on Sales Increase
Travelers Cos. , the insurer added to the Dow Jones Industrial Average in 2009, raised its full-year forecast after third-quarter profit rose on an increase in sales.
Read more on Bloomberg

Australia to Weigh Timing of Next Rate Increase as Property Market Cools

Australia to Weigh Timing of Next Rate Increase as Property Market Cools
Australia’s central bank will decide tomorrow whether higher interest rates are needed to avert faster inflation amid signs that past increases are cooling the nation’s property market.
Read more on Bloomberg

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