fha guidelines: Mortgage rates headed into unchartered waters; this is very good!
- 11/30/09 12:03 AM
Those pundits and arm chair quarterbacks out there who were predicting mortgage rates below 4.5% are either really good or really lucky. The truth is, it does not matter. As of 8:40 on Monday 11/30/2009 we appear headed to opening rates at 4.375% or lower with 1 point upfront. To overuse a phrase that is already grossly overused, this is a perfect storm. Home values have stabilized and in many markets like Montgomery County, MD ; home values have started to rise in some pockets. This makes it an ideal time to refinance or purchase, especially if you have a JUMBO … (2 comments)
fha guidelines: Today's mortgage rates 11/25 4.375%!
- 11/25/09 03:00 AM
All rates listed below are BASE rates on a 30 day lock. Factors such as credit score, loan to value, occupancy, cash out, loan purpose, property state and lock period can change these rates for better or for worse. Please contact me today for a custom rate quote.Please call for 10,15,20,25 and 40 year quotes. We also offer ARMS, Interest Only and Super Jumbo mortgages up to $2 millionAdjustable Rate Mortgage (ARM) Rates 3.25%! Call for a free good faith estimate30 yr fixed rate mortgage below $417,0004.375% 1 point4.5% .5 points4.75% NO POINTSFannie Mae JUMBO mortgage30 yr fixed rate(up to $729,000)4.75% … (0 comments)
fha guidelines: **URGENT** Lock your FHA streamline TODAY or else you may never be able to!
- 11/13/09 03:10 AM
As mentioned in prior post, FHA is changing the guidelines to streamline your FHA mortgage. The changes will take affect on all FHA case #'s issued on or after 11/18. However, many lenders are instituting these new guidelines on Monday 11/16. This means that you MUST start the mortgage process TODAY. Want some good news? Rates are near the lowest points that we have EVER Seen: These rates are available RIGHT NOW: 30 yr fixed 4.75% NO POINTS (loan amounts 300k-417k) 4.875% NO POINTS (loan amounts 417k-729k) With rates this low, NOW is the time to streamline your FHA loan. Call me today! … (1 comments)
fha guidelines: What you need to know to streamline your FHA loan
- 11/05/09 08:32 AM
If you have an FHA mortgage and you are considering streamlining, Here is what you need to know 1. You ALWAYS want to close at the end of the month! When you payoff an traditional loan, you will only pay interest for the amount of days that you actually have the loan. Example: Your loan funds on 11/2 , you would pay 2 days of interest to your old lender and 28 days interest to your new lender for a total of 30 days interest. On an FHA loan, you have to pay a full 30 days interest to your old … (0 comments)
fha guidelines: Today's mortgage rates :FHA, Fannie, Jumbo. MD, VA, DC
- 11/05/09 02:24 AM
IMPORTANT FHA GUIDELINE CHANGES TAKE EFFECT ON 11/18 TODAY'S MORTGAGE RATES : MD, VA & DCUpdated 10:45 am 11/5/09All rates listed below are BASE rates on a 30 day lock. Factors such as credit score, loan to value, occupancy, cash out, loan purpose, property state and lock period can change these rates for better or for worse. Please contact me today for a custom rate quote.Please call for 10,15,20,25 and 40 year quotes. We also offer ARMS, Interest Only and Super Jumbo mortgages up to $2 millionAdjustable Rate Mortgage (ARM) Rates from 3.5% call or email for details30 yr fixed rate … (0 comments)
fha guidelines: Today's mortgage rates Maryland, Virginia, Washington DC
- 10/29/09 03:29 AM
TODAY'S MORTGAGE RATES : Maryland, Virginia & Washington D.C.Updated 11:15 am 10/29/09All rates listed below are BASE rates on a 30 day lock. Factors such as credit score, loan to value, occupancy, cash out, loan purpose, property state and lock period can change these rates for better or for worse. Please contact me today for a custom rate quote.Please call for 10,15,20,25 and 40 year quotes. We also offer ARMS, Interest Only and Super Jumbo mortgages up to $2 millionAdjustable Rate Mortgage (ARM) Rates from 3.5% CALL OR EMAIL FOR A QUOTE30 yr fixed rate mortgage below $417,0004.375% 2.625 points4.5% 2 … (0 comments)
fha guidelines: FHA streamlines: time is running out! MUST READ
- 10/27/09 03:20 AM
As I mentioned in a prior post, the guidelines for FHA streamline refinances without an appraisal are going to drastically change on 11/18/09. If you currently have and FHA mortgage in Maryland, Virginia or Washington D.C., please call me today for a free streamline mortgage estimate.Why the rush?1. On November 18th, the maximum loan amount for FHA streamlines will change. As of today, you can obtain a loan amount equal to your old loan amount. This typically allows you to roll most or all closing cost into your new loan. The result is a NO COST streamline.If your FHA case number … (0 comments)
Those pundits and arm chair quarterbacks out there who were predicting mortgage rates below 4.5% are either really good or really lucky. The truth is, it does not matter. As of 8:40 on Monday 11/30/2009 we appear headed to opening rates at 4.375% or lower with 1 point upfront.
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