Posts Covering Mortgage Market Headlines

Fannie Mae announces new higher loan limits for 2018

Fannie Mae and Freddie mac loan limits will go up in 2018 for most borrowers. find out about your area's loan limit here.

Finance Home Improvement Projects Via FHA, VA Mortgage

Want cash for home improvement projects? Use the traditional "cash-out" refinance, or look to the FHA and VA home improvement loans.

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.

Low Mortgage Rates, Rising Home Values Fell Loan Delinquency Rates

Fewer homeowners are expected to be mortgage-delinquent next year. Rising home values and low mortgage rates are helping the economy.

18.2 Million Refinances Since 2009: HARP, FHA Streamline Refi, VA IRRRL, More

The government's November Housing Scorecard shows $1.5 trillion in home equity replaced and 18.2 million refinances since April 2009.

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.

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.

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.

Mortgage Rates : Climbed Thursday Ahead Of September Jobs Report

On the same day that Freddie Mac announced 30-year mortgage rates at 3.36%, rates of all types got worse. FHA, VA and conforming rates climbed Thursday.

FHA 203k Mortgage : A Construction Loan From The FHA

In 2011, more than $115 billion was spent on home upgrades nationwide. Construction loans via the FHA's 203k program remain popular.

FHA 203k Eligibility May Soon Expand To Real Estate Investors

HUD is expected to make its FHA 203k construction loan available to real estate investors soon.

Mortgages On Maternity Leave : MGIC Settlement Streamlines Loan Approvals

MGIC settles housing discrimination claim with the Department of Justice and agrees to revise approval guidelines related to family leave.

HARP, FHA Streamline Refinance Support “Underwater” Households

Falling home prices have lowered homeowner wealth nationwide. HARP and the FHA Streamline Refinance program are helping families save money.

Short Sales Play Growing Role in Home Sales

New Short Sale rules for Fannie Mae and Freddie Mac require 30-day approvals.

2018 Conforming, FHA, & VA Loan Limits

Mortgage loan limits for every U.S. county, as published by Fannie Mae & Freddie Mac, the Federal Housing Administration (FHA), and the Department of Veterans Affairs (VA)