I was just reading an article in the Washington Post about a proposal to increase the down payment needed for FHA loans. As far as I can tell, they are attempting to fix problems that no longer exist with the new lending guidelines already established. They are beating a dead horse at this point...

05/24/2011

FHA is Not a Buyer's Only Choice in Northern Virginia

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From my friend & preferred lender partner: Trish Richard, Senior Loan Officer, Home First Mortgage, 703-549-3400, trish@mortgagefool.com We've seen FHA become a less attractive option since the monthly mortgage insurance increased in April. We're seeing a resurgence in the My Community progra...

05/16/2011

Good News For Sellers in Northern Virginia!

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Ahhhh, the official real estate market statistics we have been waiting for: Contract Activity in Northern Virginia is up 35.5% over the same week last year! While I'm sure my Buyer clients are already aware of this since they are seeing properties receive multiple offers & sell in 24 hours, I'...

05/10/2011