Mortgage / Finance Channel

In a time where some banks are on uncertain foundation and home prices are dropping, how do you know where and when to get your loan? This channel was created to help you, the consumer, find your footing in an otherwise unstable industry.

Interest Rates

The Daily Mortgage Interest Rate Lock Advisory - July 6, 2009 - 07/06/2009 11:29 AM

What the Mortgage Backed Securities Market is Doing Today : The FNMA 30-Year 4. 5% MBS opened down…

Mortgage Rates Fall Again - 07/04/2009 03:53 AM

Mortgage Rates fell this week with the 30 year rate dropping from 5. 42 to 5. 32. They have fallen..

So what do you think the interest rates are going to do? - 07/02/2009 07:42 PM

If I had to pick the question that I am asked most, it would be an easy choice "what do you think…

The Daily Mortgage Interest Rate Lock Advisory - July 2, 2009 - 07/02/2009 09:32 AM

What the Mortgage Backed Securities Market is Doing Today : The FNMA 30-Year 4. 5% MBS opened down…

The Daily Mortgage Interest Rate Lock Advisory - July 1, 2009 - 07/01/2009 10:10 AM

What the Mortgage Backed Securities Market is Doing Today : The FNMA 30-Year 4. 5% MBS opened down…

Shopping for Mortgages

White House widening mortgage refinance relief program to 125% LTV - 07/02/2009 08:00 AM

WHITE HOUSE WIDENING MORTGAGE REFINANCE RELIEF PROGRAM The Obama administration has made…

HUD Conference Call on Condos - 06/30/2009 02:18 PM

Want to get the scoop on all the changes to the FHA condo approval process? Following is the HUD…

FHA Condo Information You Need to Know - 06/26/2009 04:51 PM

FHA loans are great loans. However if you're thinking of FHA financing for a condo, there are…

No More FHA Spot Approvals - 06/23/2009 02:54 PM

HUD has done away with their "spot approval" process for condominiums. A spot approval was a way to…

Tip Income and 2-Unit Property Guideline Changes - 06/18/2009 09:27 PM

Here are some more recent changes to the Fannie Mae guidelines. -- Tip income may be used to…

FHA Loans

FHA Loans Make Home Ownership Possible In Todays Economy - 07/04/2009 10:35 AM

For a long time FHA loans were considered to be the 'black sheep' of the mortgage world. They had…

FHA loans - Condos & approved condos - What you need to know now... - 06/30/2009 07:34 PM

CONDO ALERT - Yes, condos have looked attractive to many borrowers of lately because they are…

HUD reminds LENDERS not to play with fire !!! - 06/19/2009 09:26 PM

If you are a loan officer or a lender that uses deceiving practices, who lies, or who likes…

FHA Origination Fees or Origination Fees - FHA Fees - FHA loans - What does it all mean? - 06/13/2009 07:34 PM

It's time to have a quick class on FHA loans the fees for FHA mortgages and just a…

The FHA See-Saw Swings Back! - 05/30/2009 08:09 PM

A few days ago it was announced buyers can use the $8, 000. 00 tax credit as part of the down payment…

Reverse Mortgage

Reverse Mortgages for Purchase - The particulars - 07/01/2009 10:56 AM

Okay, many, many people have asked me how a Reverse Mortgage for purchase works. Here it goes:..

Reverse Mortgages for Purchase are starting to take off - 06/29/2009 09:02 AM

Reverse Mortgages for Purchase have been available for years, but only as a "Jumbo" propietary loan…

"Selling and Moving Out" is not an alternative to a Reverse Mortgage - 06/26/2009 08:51 AM

I hear all the time from elder law attorneys and financial planners who don't understand how…

Still Waiting for Reverse Mortgages for Co-ops - 06/25/2009 11:14 AM

I know I've posted about this before, but it has now been almost eight months! since the government…

Reverse Mortgages are Non-Recourse loans - Right? - 06/24/2009 03:14 PM

Atare Agbamu is a Reverse Mortgage veteran who has recently discovered that there is a problem in a…

Investing

"If You Play With Snakes, You're Gonna Get Bit" - 04/27/2009 03:28 PM

On Thursday night, over 6, 000 churches hosted Dave Ramsey's Town Hall for Hope live simulcast…

Join us on March 17th - Get your tenant related legal questions answered! - 03/03/2009 09:44 PM

Join at the next Elk Grove Real Estate Investment Group meeting! Tuesday, March…

Shout it from the roof top! Up to 10 properties are allowed again from Fannie Mae! - 02/06/2009 08:28 PM

Can I get a hallelujah? As of March 1, 2009 Fannie Mae will increase their current restriction…

Denver Real Estate Trends: Egress Windows - 01/03/2009 12:58 PM

Topic name: Investor Series: Understanding Egress Windows A lot of investors ask what an egress…

Tri Cities Washington Grabs High Job Growth Numbers - 01/01/2009 02:29 PM

One of the top news articles in the Tri-Cities, Washington this year was in May when the Tri…

Loan Modification

The Law----- Of Unintended Consequences - 06/22/2009 10:40 AM

At the risk of sounding like a spoiled sport about the governments new plan to help struggling…

Don't Push the Envelope Away! - 06/09/2009 09:56 PM

Fighting your insticts may be difficult, BUT don't be afraid to open the…

MYTH OR REALITY LOAN MODIFICATIONS SAVE HOMES - 06/06/2009 09:01 AM

Good morning, We have another exciting week in real estate. Markets across the country are…

Need Loan Modification Help? - 05/22/2009 03:46 PM

Howdy folks, Justin Bartlett from your favorite Loan Modification Resource website here to help you…

Mortgage Modification Originators: Here Comes The FTC (Re-blog) - 05/17/2009 02:43 PM

photo courtesy of d70focus Here I go again… With everything that's going on lately, I find…

Mortgage Rates

Mortgage Rates Start to Settle Down - 07/06/2009 09:57 AM

Mixed economic reports hold mortgage rates flat: Freddie Mac economist The 30 year fixed rate…

Mortgage Rates and your Purchasing Power - 06/28/2009 10:46 AM

There are many moving parts to purchasing a home - two of them are the purchase price of the home…

Mortgage Rates Rise: Will The Fed Revise Their Plan? - 05/28/2009 12:41 PM

Mortgage Rates Rise: Will The Fed Revise Their Plan? This past week has seen a rapid spike in…

Current Mortgage Rate News - 05/28/2009 10:42 AM

Sales of existing homes went up as expected in April. Homes bought in lower price ranges led the…

Quick Mortgage Update - 05/27/2009 10:52 AM

On Tuesday, a dismal housing report showing home prices decline some 19% year over year in the…

Mortgages

APR vs Mortgage Interest Rate - knowing the differences - 07/02/2009 09:40 AM

Shopping mortgage rates can be confusing, especially if you are dealing with a loan officer…

Refinancing upside down mortgages under HARP could get wider range - 06/30/2009 10:00 PM

Discussions are underway as we speak. The Federal Housing Finance Authority, or FHFA is tossing…

Canadian Mortgage Update - June 2009 - 06/27/2009 10:37 PM

Well here it is the end of another school year… summer is hear and temperatures are on the rise…

Dramatic drop in number of licensed mortgage lenders in MN - 06/17/2009 07:54 AM

Dramatic drop in number of licensed mortgage lenders in Minnesota In 2007, the State of…

The Key Points that You Should Know About Mortgages - 06/12/2009 03:21 PM

A mortgage is a kind of an agreement made to pay the money, which was loaned, to a person by…

VA Loans

Current Mortgage Rate News - 06/02/2009 01:05 PM

A forward-looking index of housing demand surged well beyond expectations in April, leading markets…

VA Loan Information - 05/20/2009 06:00 PM

In these troubled times you need to be able to trust a lender that can help you with your VA loan…

When a Buyer Changes From Conventional Financing to FHA or VA... AFTER CONTRACT - 05/14/2009 04:32 PM

Recently I became aware of a real estate transaction where the Buyer decided to change from…

How to get a VA loan - The VA Certificate of Eligibility (COE) - 03/22/2009 10:32 AM

As a Veteran you have decided to make a home purchase. The first thing you need to obtain in order…

What is a VA appraisal and what are closing costs? - 02/16/2009 07:11 PM

Now that I have covered what exactly a VA loan is and what the uses and eligibility requirements…

Mortgage Rate Guidance

Should I Float? Should I Lock? - Daily Update for Wednesday, April 29, 2009 - 04/29/2009 08:01 AM