Beating The April 1, 2013 FHA Mortgage Insurance Premium (MIP) Increase

The FHA announced its latest round of mortgage insurance premium (MIP) changes. The increase starts April 1, 2013. Here’s how to beat it.

Mortgage Applications Surge After Rising U.S. Mortgage Rates

As mortgage rates rise and home prices climb, savvy U.S. consumers have rushed to refinance and purchase homes.

Making Home Affordable (MHA) Anchored By HARP, HAMP Mortgages

The Making Home Affordable program continues to support an improving U.S. housing market. HARP and HAMP are program mainstays.

As Home Foreclosures Wane, 4 States House 50 Percent Of Them

Foreclosures are selling at a 17% discount, and very few remain nationwide. Here’s in what states to find the most foreclosed homes.

FHA Streamline Refinance : Indemnification Fears Slows FHA Lending

The FHA Streamline Refinance is subject to its own set of rules. Those rules may frighten banks from the FHA refinance business altogether.

FHA In 2013 : New FHA Mortgage Insurance Premiums, New MIP Cancellation Policy

For 2013, the FHA is raising its mortgage insurance premiums (MIP) and changing its MIP cancelation policy. Read about it.

Mortgage Tip : Use “Rate Locks” To Get A Lower Mortgage Rate

Learn how to use mortgage rate locks for your personal gain. Pick a better closing date, get a better mortgage rate.

FHA Streamline Refinance Update : Banks May Not Verify Income, Job, Or Credit

FHA has excluded the FHA Streamline Refinances from Compare Ratios. Banks may stop verifying income, job and credit score.

Congress Considering New, Lower FHA Premiums For First-Time Home Buyers

A bill was introduced that would lower FHA mortgage insurance premiums for first-time home buyers.