mortgage: FHA to Move to Risk-Based Pricing - 05/22/08 09:18 AM
FHA announced today that it will begin using a risk-based pricing model. Meaning, applicants with lower FICO scores and down payments will pay a higher interst rate and insurance premium. However, applicants with higher FICO scores and down payments will pay a lower interest rate and insurance premium than they are … (1 comments)
mortgage: The Housing Crisis Is Over - 05/12/08 01:42 PM
According to Wall Street Journal writer, Cyril Moulle-Berteaux, April of 2008 was most likely the bottom of the market. Click here to read this great article:
http://online.wsj.com/article/SB121003604494869449.html
Now, for all those of you out there who are on the fence waiting for the market to bottom out before you buy, this … (2 comments)
mortgage: Best Time To Buy In Past 4 Years - 03/04/08 03:59 PM
CNN Money says that now is the best time in the past four years to buy a home. Prices have dropped and interest rates remain at record lows. http://money.cnn.com/2008/03/04/real_estate/markets_less_overvalued/index.htm?postversion=2008030413 … (5 comments)
mortgage: Fed Cuts Rates - 10/31/07 03:48 PM
As expected, the Fed cut key interest rates today: Breaking News Alert The New York Times Wednesday, October 31, 2007 -- 2:18 PM ET ----- Fed Lowers Key Interest Rate by a Quarter Point The Federal Reserve cut the benchmark federal funds rate by one quarter-point to 4.5 percent. Read More: https://owa.longandfoster.com/exchweb/bin/redir.asp?URL=http://www.nytimes.com/?emc=na … (0 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
FHA announced today that it will begin using a risk-based pricing model. Meaning, applicants with lower FICO scores and down payments will pay a higher interst rate and insurance premium. However, applicants with higher FICO scores and down payments will pay a lower interest rate and insurance premium than they are … (1 comments)
;)
;)
