December 10, 2012 in Uncategorized
The government is selling 40,000 FHA mortgage notes in 2013, which may lessen the need to raise its FHA mortgage insurance premiums (MIP).
December 4, 2012 in Uncategorized
The Federal Housing Administration (FHA) has published post-disaster mortgage guidelines to help its U.S. homeowners.
December 2, 2012 in Conforming Mortgages
For 2013, conforming loan limits range to $625,500 for a purchase and $729,750 for a refinance.
November 18, 2012 in Uncategorized
Conforming mortgage rates climbed last week; FHA and VA mortgage rates fell. In this week’s holiday-shortened trading, rates may rise.
November 5, 2012 in Uncategorized
Mortgage rates of all types fell Monday — conforming, FHA, VA, USDA and jumbo. Home buyers and refinancers are benefitting from the effects of Election Day and Hurricane Sandy.
November 4, 2012 in FHA Home Buying
Congress is working a bill that would give the FHA the ability to raise mortgage insurance premiums to 2.05% — the fifth hike in 5 years.
October 31, 2012 in Uncategorized
Mortgage rates improved Wednesday on the expected economic fallout from Hurricane Sandy. Strong jobs data could wipe those gains out quickly, however.
October 27, 2012 in Uncategorized
Mortgage-backed securities (MBS) closed the week on a high note. VA, Conforming and FHA mortgage rates improved. Jumbo rates were unchanged.