FHA Limits for High Cost Areas Set To Change
The Department of Housing and Urban Development announced last Friday that the maximum loan dispensation for 650 areas judged to be “high cost areas” will be reduced beginning in January. A formula...
View ArticleReply To: FHA Limits for High Cost Areas Set To Change
For those who are looking to purchase homes that exceed the FHA loan limits, and are not eligible for a conventional loan after foreclosure or short sale, there are still options available. Portfolio...
View ArticleWatt Confirmed New Director of FHFA
Late Tuesday, in a vote of 57 to 41, the Senate confirmed Obama’s appointment of US Representative Mel Watt of North Carolina as the new director of the Federal Housing Finance Agency (FHFA). Watt...
View ArticleCFPB Updates Dodd-Frank Mortgage Rules Readiness Guide
Recently, the Consumer Financial Protection Bureau (CFPB) released Version 2.0 of its Dodd-Frank Mortgage Rules Readiness Guide. The Guide was originally released in July of this year, and is intended...
View ArticleThursday, 1/2/2014
Happy New Year! Today’s rates for a mortgage after foreclosure or short sale can be found below: Loan Type Rate APR FHA 30yr Fixed 3.250% 3.574% FHA 15yr Fixed 3.125% 351.800% VA 30yr Fixed 4.250%...
View ArticleFriday, 1/3/2014
Good morning. Today’s rates for a mortgage after foreclosure or short sale can be found below. Loan Type Rate APR FHA 30yr Fixed 3.250% 3.595% FHA 15yr Fixed 3.250% 3.903% VA 30yr Fixed 4.250% 4.483%...
View ArticleMonday, 1/6/2014
Good morning! Below are today’s rates for a mortgage rate after foreclosure or short sale: Loan Type Rate APR FHA 30yr Fixed 3.250% 3.250% FHA 15yr Fixed 3.250% 3.864% VA 30yr Fixed 4.125% 4.488%...
View ArticleMonday, 1/13/2014
Hello! Today’s rates for a mortgage after foreclosure or a mortgage after short sale can be found below: Loan Type Rate APR FHA 30yr Fixed 3.250% 4.222% FHA 15yr Fixed 3.250% 3.750% VA 30yr Fixed...
View ArticleMonday, 1/20/2014
Good morning! Today’s rates for a mortgage after foreclosure or short sale can be found below: Loan Type Rate APR FHA 30yr Fixed 3.875% 4.200% FHA 15yr Fixed 3.125% 3.518% VA 30yr Fixed 3.875% 4.222%...
View ArticleToday’s After Foreclosure Rates: Thursday, 4/24/2014
Below are today’s rates for a mortgage after foreclosure or short sale: Loan Type Rate APR FHA 30yr Fixed 3.750% 4.081% FHA 15yr Fixed 3.250% 3.646% VA 30yr Fixed 3.750% 4.063% Jumbo 5/1 ARM 4.250%...
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