ARCHIVED BLOG POSTS
I think a lot of us brokers were looking forward to the H4H loan last year as a possible life line to help us stay in business. Oh yeah, and there's that helping the borrower thing too. Well, i think on both accounts, this program is a bust. This program was seriously flawed from the beginning, a...
NEW YORK (AP) -- A deal to help head off more mortgage foreclosures pulled Wall Street out of a slump Thursday, giving stocks a mostly higher close. Democratic lawmakers reached an agreement with Citigroup Inc. on a plan to let bankruptcy judges alter loans in an effort to prevent home from going...
That's right, it's not a typo. Provided you have the right loan scenario (credit score above 720, ltv 80% or less, sfr, owner occupied), you can actually get a 15 year fixed rate at 4.25%. In addition, if you really wanted to be aggressive, you may be able to buy down the rate to around 4%. I hav...