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
10/25/2011
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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,… more
What are housing markets doing around the country?
10/17/2011
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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… more
Economic News from Last Week - Rates Inching Back Up
10/12/2011
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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… more
Economic Update for the Week of October 3rd
10/03/2011
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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… more
Economic Update - Where are Rates Headed?
09/29/2011
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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… more
VA Funding Fee Changes
09/28/2011
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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… more
Advice for new mortgage applications: Lock
09/27/2011
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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… more
Can I Re-Lock My Rate if the Fed Moves to Lower Rates While I'm in…
09/21/2011
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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… more
Frisco Oktoberfest - A Mountain Town Tradition: Here's What You Need…
09/02/2011
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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… more
 
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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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