Tim's Blog - Archives September, 2008

Home : Blogs : Tim Bradford : Tim's Blog : Archives September, 2008

Check if your Bank Deposits are Insured by FDIC Insurance - 09/16/08 07:01 AM

Suzi Orman is working with the FDIC to inform consumers about the FDIC insurance. If you go to this site ( http://www.myfdicinsurance.gov/ ) you can watch a Public Service announcement from her.
There is also a link to a calculator on the FDIC Website that allows you to review your accounts to … (1 comments)

Nehemiah Down Payment Assistance Reinstatement: Why The Increased Credit Scores ? - 09/15/08 04:13 PM

Very interesting Summary of the Seller Funded DPA Programs. Lets see what happens in the future.
Via Brian Brady- America's #1 Mortgage Broker:
We broke the news about the eventual reinstatement of Nehemiah Down Payment Assistance Program, back in August ,on Bloodhound Blog. How did we know where this was headed? We talked … (3 comments)

Homebuyers Be Aware FHA MIP will cost you More Effective 10/1/08 - 09/08/08 07:49 PM

Warning FHA Buyers
Interest Rates are Great Today
and
Effective 10/1/08 it will cost you more
to purchase a home because of the changes in FHA Mortgage Insurance.
On a $150,000 FHA Loan
All buyers will pay a
$375.00 higher upfront premium.
Buyers with 5% or Less down will also … (2 comments)

HUD ML 2008-22 Important Read - MIP CHANGES - 09/08/08 12:37 PM

You may wish to read this Mortage Letter. Everyone has heard that there is a moritorium on the FHA Risk Based Pricing that were to take effect 10/1/2008. HUD today issued a the ML that confirms this, but at the same time they increased the Upfront MIP from 1.50 to 1.75. They … (0 comments)

Post Your States Down Payment Assistance Program. - 09/03/08 03:16 PM

WIth the fact that the Seller Assisted Down Payment Assistance are going away Oct 1, 2008. What options do buyers have? Please post your information here and I will update this page for each progam given. I would prefer you give me the State or Organizations Site to be included in this … (4 comments)

Related Links:

All member posts for September, 2008

New members in September, 2008