ARCHIVED BLOG POSTS
MORTGAGE LOAN CHANGES IN POUNDS AND INCHES I just closed a mortgage loan for a couple with whom I've worked in the past on financing their home. The last time we did a mortgage loan together was in 2009 before all the new "rules" of the Federal Reserve and Dodd Frank came to be. The borrower ha...
The Federal Finance Agency along with Fannie and Freddie announced changes to the existing HARP - Home Affordable Refinance Program. Essentially, here are the changes. Eliminating certain risk based pricing adjustments and lowering fees for other borrowers. Currently when a borrower refinances t...
WAITING FOR A LOWER INTEREST RATE! I am amazed each and every day to learn that someone I speak with is waiting for a lower interest rate before they refinance. I just spoke with someone with an adjustable rate due to change in December. He wonders if the rates are going to get better. Maybe bec...