Articles
December 12, 2012
HARP Update
Since it began in 2009, more than 1.7 million households labeled “underwater” have made use of the government’s Home Affordable Refinance Program, also known as HARP, and this program is successfully stimulating the U.S. housing market. HARP was launched to give homeowners…
December 4, 2012
Proposed Changes with FHA in 2013
The Federal Housing Administration is proposing some changes to its program rules that might impact or affect some loan applicants in 2013. These are designed improve revenue flows to the agency and cut back on losses. Although none of these appear to…
November 29, 2012
Housing Market Contiues to Go in Right Direction
According to two reports this week, economists are saying the news is continuing to look upbeat in the world of real estate! The lowest mortgage rates in history have definitely helped keep sales of previously owned US homes close to a two-year high…
November 14, 2012
Helping out the Homebuyer
As often as we work with new home buyers, we know that the process can be quite intimidating for them. Since buying a home and taking out a mortgage is probably the biggest financial decision buyers will make in their lives, it’s…
November 7, 2012
What the Re-election Means to the Mortgage World
It’s Official! President Barack Obama has been re-elected. Last week, I wrote about what you might expect in the mortgage world depending on which candidate won the election. Now that the election has been decided, here is some more “news” on what…
November 1, 2012
Will the Election Affect Mortgage Rates?
With the presidential election coming next week, there are many of you probably wondering how this election could influence mortgage rates. Well, first of all, the important thing you need to remember is how the election’s results are “perceived” by the financial…
Franklin Loan Center | NMLS 237653
Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act, 4131316