stimulus act: Rates Are Finally Affecting People Who Can Refinance
- 05/22/08 02:40 AM
According to the San Jose Mercury News, The lower rates have finally brought the savings to owners and would-be home buyers. I hope that means the lenders have stopped being so tight with that stuff. Glad to hear though that the jumbo mortgages are finally being helped, not enough, but thankfully they are finally being helped. So, I guess the increased limits helped SOME parts of the country, now if they would get to the lower cost of living states and increase that limit that high! We're waiting... In the meantime, if you need a loan refinanced, give me a call … (2 comments)
stimulus act: FHA IS BAAAAAAACK AND BETTER THAN EVER (this is for those who have been hiding under a rock)
- 05/16/08 07:49 AM
Federal Housing Administration (FHA) loans have become an extremely popular choice recently for Americans looking to buy a new home, or refinance an existing home. In fact, according to the FHA, the total volume of FHA loans has reportedly tripled in the last year alone - but why?In recent years, the FHA has made some important policy changes in order to be more competitive. These changes, along with the effects of the subprime collapse and the subsequent credit crunch on the mortgage and financial markets, have combined to make FHA a valuable option for many Americans, especially first-time home buyers, borrowers … (4 comments)
According to the San Jose Mercury News, The lower rates have finally brought the savings to owners and would-be home buyers. I hope that means the lenders have stopped being so tight with that stuff. Glad to hear though that the jumbo mortgages are finally being helped, not enough, but thankfully they are finally being helped.;)
;)
