Articles
January 9, 2014
Be Careful of Mortgage Scams
Due to the economy’s financial status and the housing market that is slowly recovering, home buyers need to be cautious of the possibility of various mortgage scams currently out there. A recent article from Polyana da Costa from Scripps Howard News Service…
January 2, 2014
What’s In Store for the 2014 Housing Market
Many people in the housing industry are wondering what 2014 will be like after a very eventful 2013. And, according to a recent article in the USA Today, here is what is expected in the upcoming year. Probably the #1 main topic…
December 26, 2013
Fannie Mae & Freddie Mac Raising Fees
Potential home buyers who do not have the money for a big down payment and with less than perfect credit scores may be facing an increase in mortgage costs starting next spring. According to a few different articles by Nick Timiraos, mortgage…
December 19, 2013
What Is Single Payment Mortgage Insurance and Is It Right for You?
Home owners are always looking for a way to shrink their monthly mortgage payment, and one way that this can be done is to make a single , upfront purchase on your mortgage insurance. By doing this, the home owner would not…
December 12, 2013
FHA Loan Limits Decrease in 2014
According to a recent report, the Department of Housing and Urban Development has just released the updated loan limits for Federal Housing Administration backed loans. Beginning January 1, 2014, the national maximum loan limit for FHA financing will be reduced, as specified…
December 5, 2013
The Lowdown on the New CFPB’s “Know Before You Owe” Forms
Last week I wrote about the Consumer Financial Protection Bureau’s new “Know Before You Owe” mortgage forms which will replace the current ones. Here, according to reporter James Linbach, is a closer look at the forms and their benefits. Form #1: The Loan…
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