mortgage: Housing Stimulus Bill Signed - July 30, 2008 - 07/30/08 04:14 PM
President George Bush put pen to paper today and signed the Housing and Economic Recovery Act of 2008.  There is a lot to this bill, some good and some bad. Here are the highlights: the good, the bad and the hideously ugly...
Conforming Loan Limits
Conforming loan limits were permanently set … (6 comments)

mortgage: I Paid for my House - Why Can't I Get the Keys??? - 06/20/08 02:34 PM
Why would we sign all the documents, put down all our money, and have to wait another day to receive entry into our home?
This was a question posed to me by a client recently and it is a fantastic question that deserves an answer.  It doesn't make sense that you would … (2 comments)

mortgage: Alternative Financing - Popular Again - 02/05/08 11:05 AM
According to an article in Realty Times, homeownership is "plunging" as people continue to have difficulties obtaining mortgage loans.  This article also indicates that affordability is lower as it takes more income to purchase a home than in prior years.
While it is true that it is currently more difficult to qualify for traditional … (2 comments)

mortgage: FHASecure or Insecure? - 01/14/08 12:09 PM
A little-discussed addition to the Bush Administration's plan to help stop foreclosures last year was the addition of a new FHA loan product called FHASecure.  The idea behind this plan is to relax qualifying restrictions somewhat so that people who have ARMs (Adjustable Rate Mortgages) that are resetting can get into … (5 comments)

 
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Robin Willis, Tucson's Expert Agent, Realty Executives

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