John Meussner, #MortgageMadeEasy Costa Mesa, CA 484-680-4852 (Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)

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Fred Griffin
Frederick Griffin, Exclusive Buyer's Broker - Tallahassee, FL
Licensed Florida Real Estate Broker

Dropping 25 basis points... is that correct?

Jan 09, 2017 11:29 AM
Rainmaker
64,932
Scott Lawson
America's Home loans - Santa Rosa, Petaluma Mortgage Broker - Santa Rosa, CA
Mortgage Broker FHA, VA, refinance or purchase

A step in the right direction. Now they need to restore the cancellable option to make it really shine again...

Jan 09, 2017 11:33 AM
Rainmaker
1,097,198
Marc Swartz, CPA, CA, Real Estate Broker
Royal LePage Vision Realty, Brokerage, Direct: (416) 737-9800, Office: (416) 321-2228 - Toronto, ON
Toronto, Durham & York Regions, Ontario, Canada

No.  It has no relevance in our great country.  The only HUD news I follow is to answer the question "What is one type of career that a retired surgeon can have that is completely unrelated to his prior career?"

Jan 09, 2017 02:01 PM
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Jeff Dowler
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude - Carlsbad

Yes, I heard. Great news for FHA buyers

Jan 09, 2017 01:37 PM
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Anna Hatridge
Goodson Realty - Bonne Terre, MO
Missouri Realtor with Goodson Realty

you are so right!  I am excited to have a break which will save my sanity  and my clients hundreds of dollars. 

Jan 14, 2017 01:36 AM
Rainmaker
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Sally K. & David L. Hanson
Keller Williams 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce - Short Sale

Smart lenders in every market spread the word to Realtors and clients....we were bombarded.....and that's fine...so much better than not knowing.

Jan 11, 2017 02:11 AM
Rainmaker
76,437
Diana White-Pettis
Exit Bennett Realty - Upper Marlboro, MD
GRI, CDPE, CNE, Upper Marlboro Homes for Sale

Yes, I read about this.  It's great news.  I'm hoping in the near future HUD will also work on lifting some of the restrictions they have for people interested in buying condos.

Jan 10, 2017 04:09 PM
Rainmaker
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Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Waxhaw/Fort Mill Area Realtor

Not only did I see it... I must have seen this news at least a dozen times.

Jan 10, 2017 04:09 AM
Rainmaker
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Debra Leisek
Bay Realty,Inc Homer Alaska - Homer, AK

I did see that! A step in the right direction....  do you think they will take a positive strp for allowing it to cancel out again?

Jan 09, 2017 11:34 PM
Rainmaker
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Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Pasadena CA Real Estate 818.516.4393 Cell

Hi John --- yes, I did when I opened the email you sent me earlier today.     

Jan 09, 2017 10:35 PM
Rainmaker
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Lyn Sims
RE/MAX Suburban - Northwest Suburbs of Chicago - Schaumburg, IL
Schaumburg IL Area Real Estate

Yes a LO sent this to me today. Thanks John for the heads up.

Jan 09, 2017 04:35 PM
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Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

" LIKEY " 

Jan 09, 2017 03:42 PM
Rainmaker
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker

Just read that the average buyer could save about $500.00. Not bad!

Jan 09, 2017 02:25 PM
Rainmaker
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Anthony Acosta
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Thanks for the information. 

Jan 09, 2017 12:51 PM
Rainmaker
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Michael & Gayle Ramsey Fujita
Green Realty Group (808) 630-1828 - Honolulu, HI
(S) RAs SFRs ePro MRP

Yes, saw this the other day in a RESPA newsletter.  Won't help anyone under contract now with a closing prior unless the Seller would be willing to extend and that would take some doing....  

For new contracts definitely something to keep in mind.  

Jan 12, 2017 09:44 AM
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Michael Scruggs
UTR Texas-Realtors - Houston, TX
ABR, CNE, TAHS

Yes, I heard about the drop.  It could save FHA  buyers money!

Jan 11, 2017 07:28 AM
Rainmaker
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Sandy Padula and Norm Padula, JD, GRI NMLS#1483386
Allison James Estates & Homes & Pacific Sotheby's International Realty - Carlsbad, CA
Presence,Persistence & Perseverance

Good info9rmation for many buyers and this will boost what the buyers can afford.

Jan 11, 2017 07:06 AM
Rainmaker
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Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I read your post.

Jan 11, 2017 04:14 AM
Rainmaker
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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Yes, good news.

Jan 10, 2017 05:32 PM
Rainmaker
548,023
Olga Simoncelli
Veritas Prime, LLC - New Fairfield, CT
Broker-Owner, RE Consultant, Licensed in CT & NY

Yes, good news.

Jan 10, 2017 05:29 PM
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Will Hamm
Hamm Homes - Denver, CO
"Where There's a Will, There's a Way!"

It is good news for sure for us.

 

Jan 10, 2017 02:52 PM
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Patricia Kennedy
Evers & Company Real Estate, Inc. - Washington, DC
For Your Home in the Capital

That sounds like a good thing! 

Jan 10, 2017 08:11 AM
Rainmaker
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Jennifer Mackay
Keller Williams Success Realty - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

I don't do a lot of FHA but thanks for the heads up

Jan 10, 2017 06:52 AM
Rainmaker
677,511
Susan Laxson CRS
Palm Properties International - Naples, FL
Local Knowledge & Global Network

Great news and thanks for sharing it!

Jan 10, 2017 05:12 AM
Rainmaker
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Tony and Suzanne Marriott, Associate Brokers
Haven Express @ Keller Williams Arizona Realty - Scottsdale, AZ
Serving Scottsdale, Phoenix and Maricopa County AZ

Interesting

Jan 10, 2017 04:31 AM
Rainmaker
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Peter Mohylsky
BETTER HOMES AND GARDENS REAL ESTATE - Seacrest, FL
Your Bucket List Broker.

Thanks for sharing this bit of information.

Jan 10, 2017 03:45 AM
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Paul S. Henderson, REALTOR®, Broker, Tacoma Washington
RE/MAX Professionals. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

That is great news!

Jan 09, 2017 10:50 PM
Rainmaker
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Tony Lewis
RE/MAX of Valencia (Hall of Fame) 30 year Valencia Resident - Valencia, CA
RE/MAX Valencia, Stevenson Ranch, Santa Clarita

No I haven't.  Thank you for the heads up. I'm calling lenders tomorrow to find out how it affects my clients.

Jan 09, 2017 09:39 PM
Rainmaker
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Diana Dahlberg
1 MONTH REALTY - Kenosha, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

This is great news ... Thanks for sharing!

Jan 09, 2017 08:39 PM
Rainmaker
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Nathan Gesner
American West Realty & Management - Cody, WY
We don't just manage!

I missed this. Thanks for the tip!

Jan 09, 2017 08:36 PM
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Debe Maxwell
www.AtHomesCharlotte.com | The Maxwell House Group - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

GREAT news for FHA buyers, John Meussner!

Jan 09, 2017 07:22 PM
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Yes. Good news.

Jan 09, 2017 07:07 PM
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Bob Crane
Woodland Management Service - Stevens Point, WI
Forestland Experts! 715-204-9671

Trump must be planning to use some fha financing.

Jan 09, 2017 07:05 PM
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Harry F. D'Elia
Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

change is here

Jan 09, 2017 06:59 PM
Rainmaker
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William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I did not.  Thanks for the link

Jan 09, 2017 05:42 PM
Rainmaker
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Maria Sapio
Berkshire Hathaway Homesale Realty - Carlisle, PA
Real Estate Agent- Carlisle, PA.

Thank you John Meussner for keeping us posted ...
With Appreciation,
Maria 

Jan 09, 2017 04:21 PM
Rainmaker
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John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

John Meussner This is very good news will help more buyers qualify for loans.

Jan 09, 2017 04:19 PM
Rainmaker
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Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

That is great news, i will have to check out the news and see what the reduction will be. 

Jan 09, 2017 04:02 PM
Rainmaker
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Sybil Campbell
Long and Foster REALTORS® 5234 Monticello Ave Williamsburg, Virginia - Williamsburg, VA
REALTOR® ABR, SFR, SRES Williamsburg, Virginia

That's interesting thanks for sharing.

Jan 09, 2017 03:59 PM
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Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Thanks for being the first to tell me. That's great news. 

Jan 09, 2017 03:41 PM
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Praful Thakkar
Keller Williams Realty - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

John Meussner - this will be a big plus! Thanks for sharing this.

Jan 09, 2017 03:37 PM
Rainmaker
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Jeff Pearl
RE/MAX Distinctive / LIC in VA - Leesburg, VA

All bits of good news help and are good to know!

Jan 09, 2017 02:55 PM
Rainmaker
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Marco Giancola
Beachfront Realty - Miami Beach, FL
Realtor (305)608-1922, Miami Beach Florida

That is good news!

Jan 09, 2017 02:09 PM
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Debbie Reynolds
Berkshire Hathaway HomeServices PenFed Realty, Your Clarksville Real Estate Professional - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

That is good news. USDA came down last year right after I closed one.

Jan 09, 2017 02:05 PM
Rainmaker
660,473
Ryan Huggins - Thousand Oaks, CA
www.HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Thanks, I did not see that one!

Jan 09, 2017 01:49 PM
Rainmaker
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Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Finally something long time a coming is here...thank you John

Jan 09, 2017 12:58 PM
Rainmaker
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Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding and Marketing

John,

Thank you for the information, we appreciate it. A

Jan 09, 2017 12:19 PM
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Shahar Hillel
Alterra Home Loans - Northridge, CA
Mortgage Consultant, Loan Officer.

Good news.

Jan 09, 2017 12:17 PM
Rainmaker
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Richard Weeks
Dallas, TX
REALTOR®, Broker

Thanks for the heads up.

Jan 09, 2017 11:59 AM
Rainmaker
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Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
"Franklin MA Homes"

that's great news....thanks for sharing it.... keep those tidbits flowing....

Jan 09, 2017 11:49 AM
Rainmaker
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Susan Haughton
Long and Foster REALTORS (703) 470-4545 - Alexandria, VA
The Susan & Mindy Team...Your Concierge Agents

A move in the right direction, it seems. 

Jan 09, 2017 11:44 AM
Rainmaker
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Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

I had not seen this.  Thank for the heads up!

Jan 09, 2017 11:37 AM
Ambassador
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Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I did and it is good news.

Jan 09, 2017 11:17 AM
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Eva B. Liland with Century 21 Doug Anderson
Century 21 Doug Anderson - Lancaster, CA
Selling Yor Home in Today's Market

It was brought up last Friday in our weekly office meeting.

Jan 17, 2017 07:11 PM