Military Personnel Can Still Claim The $8,000 Homebuyer Tax Credit
For certain members of the military, and for certain federal employees, there's just 2 months remaining to get use the federal home buyer tax credit.
FHA : Monthly Mortgage Insurance Premiums To Rise April 18, 2011
Effective for all FHA case numbers assigned on, or after, April 18, 2011, annual mortgage insurance premiums (MIP) will increase 25 basis points.
Mortgage Guidelines Starting To Loosen?
Mortgage rates remain low but qualification standards do not. Last quarter's banking survey shows that guidelines may be loosening, though. It's another good sign for housing.
Mortgage Rates Return To April 2010 Levels
As of this morning, mortgage rates are higher over 9 consecutive days, marking the longest mortgage rate losing streak in the last 6 years, at least.
Comparing Mortgage Rates For Adjustable- And Fixed-Rate Mortgages
Currently, relative to fixed rate mortgages, ARM pricing is excellent. Freddie Mac's weekly Primary Mortgage Market Survey puts the 5-year ARM mortgage rate lower than the 30-year fixed rate mortgage rate by 1.02 percent.
Simple Real Estate Definitions : Loan-Level Pricing Adjustments
Loan-level pricing adjustments are mandatory loan fees based on a borrower's specific default risk.
A Simple Explanation Of The Federal Reserve Statement (December 14, 2010 Edition)
Today, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged within in its target range of 0.000-0.250 percent.
See How Credit Missteps Lower Your Credit Score
The company behind the popular FICO scoring model has published a "What If?" series for common, specific credit missteps.
Time To Refinance? Mortgage Rates Down 1.00 Percent Since April.
The rate-and-fee combination you'd get in your home state is different from the rate-and-fee combination you'd get if you lived somewhere else. In the West, rates are low and fees are high; in the Southeast, it's the opposite.
Better Credit Scores Get Better Mortgage Rates
Mortgage approvals are primarily based on good income, good equity and strong credit, and, without all three, the best rates of the day remain out of reach. Do something about your credit score.
Avoiding Common Mortgage Scams
Despite tougher mortgage guidelines and better loan disclosures for consumers, mortgage fraud is on the rise.
Bank Mortgage Lending Policies Appear To be Easing
According to the Federal Reserve's quarterly survey of senior bank loan officers, roughly 1 in 10 lenders added mortgage qualification hurdles between April and June. It's a huge departure from just 2 years ago when the mortgage industry was facing its first wave of challenges.