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Federal Housing Administration will "soon" increase its annual premium on jumbo mortgages by 25 basis points, according to government budget documents released Monday morning.

 
Posted by Jason Berman - Summit County's Mortgage Guy on 02/14/2012 01:07 PM   Comments (0)   FHA in the ActiveRain Channel   fha, jumbo  
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Obama Announces HARP II - Our Take: Wait & See
JBerman Group
The Home Affordable Refinance Program (HARP) was exanded on Monday. New guidelines were promised that should allow more people to refinance. I'm encouraged by the details of HARP II. The changes will allow more homeowners to refinance. However,…
What are housing markets doing around the country?
JBerman Group
It's always a good idea for real estate professionals to spend a little time each week browsing the state of real estate in other parts of the country. It helps shape your own personal views on where things have been and where they might be going…
Economic News from Last Week - Rates Inching Back Up
JBerman Group
Here's the latest economic news as provided by our monitoring service. The trend the past 7 sessions in the bond market has been negative. Things are settling down across the pond which is bringing stability back to the stock market. For the time…
Economic Update for the Week of October 3rd
JBerman Group
New home sales fell 2. 3% in August to a seasonally adjusted annual rate of 295, 000 units from a revised rate of 302, 000 units in July. Compared to a year ago, new home sales were up 6. 1%. The Standard & Poor's/Case-Shiller 20-city housing…
Economic Update - Where are Rates Headed?
JBerman Group
In a welcome sign of strength, existing home sales rose 7. 7% in August to a seasonally adjusted annual rate of 5. 03 million units from an upwardly revised 4. 67 million units in July. The inventory of unsold homes on the market decreased to 3. 577…
VA Funding Fee Changes
JBerman Group
FYI—VA Funding Fees have been LOWERED, and are effective on October 3, 2011… As always, if we can help you with anything, including your VA refinances & purchases, give us a call at 970…
Advice for new mortgage applications: Lock
JBerman Group
Treasuries remain under pressure as equity markets around the globe rally following yesterday's CNBC report that European authorities were constructing the framework for a rescue plan. Greek leaders appealed for support at home and abroad to avert…
Can I Re-Lock My Rate if the Fed Moves to Lower Rates While I'm in Process?
JBerman Group
Today's news by the fed that lower rates may be around the corner stimulated some questions from clients that have recently locked with us. Can I re-lock a lower rate while my loan is In-Process if the Fed drops rates? Picking the right time to…
Frisco Oktoberfest - A Mountain Town Tradition: Here's What You Need to Know
JBerman Group
Hurray Beer! Frisco's Oktoberfest is back after a few years hiatus. The event was on-hold because Main Street vendors & residents felt the event created too many problems. Road closures, long hours, and excessive noise & drinking resulted…
 
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Jason Berman - Summit County's Mortgage Guy

Frisco, CO

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JBerman Group

Office Phone: (970) 455-4131

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