Posts discussing Freddie Mac

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30Dec2011
Author
Dan Green
Filed Under
Mortgage Strategy
Confirmed : Mortgage Fees To Rise For Borrowers In January 2012 Thumbnail

Confirmed : Mortgage Fees To Rise For Borrowers In January 2012

Start that mortgage application! The government is financing its 2012 Payroll Tax Extension via new, mandatory mortgage fees. You'll get lower mortgage payments on your upcoming purchase or refinance by applying for your loan today.

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29Dec2011
Author
Dan Green
Filed Under
Mortgage Strategy
Save $45,000 Per $100,000 Borrowed With A 15-Year Fixed Rate Mortgage Thumbnail

Save $45,000 Per $100,000 Borrowed With A 15-Year Fixed Rate Mortgage

Record-low mortgage rates draw refinancing households away from 30-year fixed-rate mortgages into shorter-term products such as the 15-year fixed-rate mortgage.

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16Dec2011
Author
Dan Green
Filed Under
Mortgage Rates
Revealing The Trick : Why Mortgage Rates Didn’t Actually “Fall” To 3.94%. Thumbnail

Revealing The Trick : Why Mortgage Rates Didn’t Actually “Fall” To 3.94%.

Freddie Mac says mortgage rates fell to 3.94% this week. But, because closing costs increased at the same time, it would take a homeowner *3 years* to break-even on these new, "lower" rates. It's a sleight-of-hand trick pulled by the banks on the American people.

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09Dec2011
Author
Dan Green
Filed Under
Mortgage Strategy
15-Year Fixed Rate Mortgages Vs 30-Year Fixed Rate Mortgages Thumbnail

15-Year Fixed Rate Mortgages Vs 30-Year Fixed Rate Mortgages

If you've ever thought of using a 15-year fixed-rate mortgage, talk to your lender. Mortgage rates are rock-bottom and there's a lot to gain from "going 15".

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07Dec2011
Author
Dan Green
Filed Under
MBS Markets and Mortgage Rates
After 5 Weeks Of “No Change”, Mortgage Rates Ready To Rocket Higher Thumbnail

After 5 Weeks Of “No Change”, Mortgage Rates Ready To Rocket Higher

The mortgage market is loaded up with 3 years of negative expectations. And, once those forces reverse, they'll reverse quickly, sending mortgage rates soaring. It's time to execute on that mortgage plan. Rates are poised to rise.

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05Dec2011
Author
Dan Green
Filed Under
Mortgage Strategy
FHA Mortgage Rates Falling More Quickly Than Conventional Ones Thumbnail

FHA Mortgage Rates Falling More Quickly Than Conventional Ones

There is a big advantage to "going FHA" these days -- especially if you're making a low downpayment purchase. FHA mortgage rates are lower than they've ever been as compared to conventional ones, and FHA mortgage insurance rates have yet to rise.

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21Nov2011
Author
Dan Green
Filed Under
Conforming Mortgages
FHA Loan Limits Raised To $729,750; Conventional To Remain At $625,500 Thumbnail

FHA Loan Limits Raised To $729,750; Conventional To Remain At $625,500

FHA loan limits now exceed conventional loan limits in some high-cost areas. As of November 18, 2011, the FHA will insure up to $729,750. Fannie Mae and Freddie Mac cap at $625,500.

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16Nov2011
Author
Dan Green
Filed Under
Conforming Mortgages
HARP Program : The Complete HARP II Eligibility Requirements Thumbnail

HARP Program : The Complete HARP II Eligibility Requirements

The Home Affordable Refinance Program (HARP) is revamped and extended. There are no LTV requirements and fewer loan fees. It's a complete refinance overhaul.

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14Nov2011
Author
Dan Green
Filed Under
Mortgage Strategy
Mortgage Interest Costs Drop 21%; Refinance Without Having To “Start Over” For 30 Years Thumbnail

Mortgage Interest Costs Drop 21%; Refinance Without Having To “Start Over” For 30 Years

Today's refinancing homeowners can lower long-term mortgage costs by one-fifth -- enough to pay for a college education, in some cases.

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08Nov2011
Author
Dan Green
Filed Under
Mortgage Strategy
Cash-In Mortgages : Could You Have “Gone Jumbo” Instead? Thumbnail

Cash-In Mortgages : Could You Have “Gone Jumbo” Instead?

Cash-in mortgages are in demand, but are they right for you? Check your alternatives first including FHA Streamline Refinance, HARP II, and the jumbo market.

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11Oct2011
Author
Dan Green
Filed Under
Mortgage Products
October 2011 : Adjustable-Rate Mortgage Rates Scrape Rock-Bottom Thumbnail

October 2011 : Adjustable-Rate Mortgage Rates Scrape Rock-Bottom

With adjustable-rate mortgage rates available under 3 percent, it's a terrific time to look at ARMs.

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07Oct2011
Author
Dan Green
Filed Under
Mortgage Rates
Rates Below 4.000 Percent? No, Not Really, But Payments Have Plunged. Thumbnail

Rates Below 4.000 Percent? No, Not Really, But Payments Have Plunged.

Conforming mortgage rates went sub-4% this week? Well, that's not 100% true. Lender sleight-of-hand is making rates *appear* lower. But payments are way down.

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26Sep2011
Author
Dan Green
Filed Under
Mortgage Strategy
Loan-Level Pricing Adjustments : Raising Mortgage Rates Since 2008 Thumbnail

Loan-Level Pricing Adjustments : Raising Mortgage Rates Since 2008

The loan-level pricing adjustment (LLPA) system contains more than a dozen "risk characteristics". Here's how they work, complete with an online LLPA calculator.

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23Sep2011
Author
Dan Green
Filed Under
Mortgage Rates
Mortgage Rates Are Lower Than Freddie Mac Is Reporting Thumbnail

Mortgage Rates Are Lower Than Freddie Mac Is Reporting

Freddie Mac reports the 30-year fixed at 4.09% this week. Freddie Mac is wrong. Mortgage rates are lower.

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06Sep2011
Author
Dan Green
Filed Under
Mortgage Rates
5-Year ARM Falls Below 3 Percent Thumbnail

5-Year ARM Falls Below 3 Percent

The 2011 Refi Boom's Second Wave has started. 5-Year ARMs are leading the charge. Assuming discount points are paid, ARMs are now below 3 percent.

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24Aug2011
Author
Dan Green
Filed Under
Mortgage Strategy
30-Year Fixed Rate Loans Less Popular With Refinancing Homeowners Thumbnail

30-Year Fixed Rate Loans Less Popular With Refinancing Homeowners

If you're like a lot of U.S. homeowners, when you refinance, you'll choose a shorter-term mortgage. 30-year loans are less popular these days. And think of all the money you'll save.

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22Aug2011
Author
Dan Green
Filed Under
Mortgage Strategy
Refinance Your Mortgage Without “Starting Over” At 30 Years Thumbnail

Refinance Your Mortgage Without “Starting Over” At 30 Years

You'll pay 18% less mortgage interest at today's mortgage rates as compared to April. No matter when you bought your home, it's time to call a lender.

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28Jul2011
Author
Dan Green
Filed Under
Mortgage Strategy
The 5-Year ARM : Cheaper Than It’s Ever Been Thumbnail

The 5-Year ARM : Cheaper Than It’s Ever Been

As the Refi Boom continue, not all rates are falling equally. Adjustable-rate mortgages are leading the charge.

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11May2011
Author
Dan Green
Filed Under
Conforming Mortgages
The (Forthcoming) End Of The $729,750 Conforming Loan Limit Thumbnail

The (Forthcoming) End Of The $729,750 Conforming Loan Limit

Temporary conforming loan limits in high-cost areas are expiring. After September 30, 2011, places like Loudoun County, Virginia; Potomac, Maryland; and Marin County, California will face new, lower conforming loan limit sizes.

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22Mar2011
Author
Dan Green
Filed Under
Conforming Mortgages
Explaining Loan-Level Pricing Adjustments (Featuring An Online Calculator) Thumbnail

Explaining Loan-Level Pricing Adjustments (Featuring An Online Calculator)

Loan-level pricing adjustments are government-mandated closing costs. And they're rising April 1, 2011. See how LLPAs work and run your loan scenario against this online calculator. Maybe *your* loan will trigger new fees, too.

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