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.

FHA Mortgage Vs Conforming Mortgage : Which Is Better?

Which is better for you? An FHA mortgage or a conforming one? Broken down, trait-by-trait.