FHA Mortgage Insurance Premiums May Benefit From HUD Note Sale

The government is selling 40,000 FHA mortgage notes in 2013, which may lessen the need to raise its FHA mortgage insurance premiums (MIP).

FHA Issues “Disaster Area” Guidance To Mortgage Servicers

The Federal Housing Administration (FHA) has published post-disaster mortgage guidelines to help its U.S. homeowners.

2013 Jumbo Loan Limits : Loan Sizes Up To $625,500

For 2013, conforming loan limits range to $625,500 for a purchase and $729,750 for a refinance.

NAR : 46% Of First-Time Buyers Use FHA Mortgages

The National Association of REALTORS® highlights today’s home buyer demographics. Fewer first-time buyers are women; more use FHA financing.

Mortgage Rates : All-Time Lows Into Thanksgiving Weekend

Conforming mortgage rates climbed last week; FHA and VA mortgage rates fell. In this week’s holiday-shortened trading, rates may rise.

Mortgage Rates Drop Monday Ahead Of U.S. Election Results

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.

Lock Your FHA Mortgage Rate : FHA Mortgage Insurance Premiums May Rise In Early-2013

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.

Mortgage Rates : Falling On Hurricane Sandy’s Aftermath

Mortgage rates improved Wednesday on the expected economic fallout from Hurricane Sandy. Strong jobs data could wipe those gains out quickly, however.

Mortgage Rates : Lower Mortgage Rates Greet The Weekend

Mortgage-backed securities (MBS) closed the week on a high note. VA, Conforming and FHA mortgage rates improved. Jumbo rates were unchanged.