current: Today's Current FHA Interest APR rate - 07/04/08 12:26 PM
Since 1934, FHA has helped about 35 million borrowers, making it the biggest insurer of Government mortgages in all of the world. Congress introduced the (EAHA) Expanding American Homeownership Act in June 2006, which would enable FHA home loans to be a great option for more low-to-moderate-income, and minority families so they can achieve the American Dream of owning a home. The Current FHA home loan rate has dropped to 6.125% - and dropped to the current FHA APR 6.460%. This is awesome news for those seeking a home loan from FHA.
FHA mortgage refinancing has also helped those homeowners in 2/28 ARMs, and someone who is just looking for … (3 comments)

current: New FHA Mortgage Limits - 02/18/08 02:22 PM
The new FHA mortgage limits was raised by the final signature needed by President Bush.
The Economic Stimulus Act was signed on February 13th which included higher loan limits for FHA.
$271,050 is the new FHA floor limit, based on 65% of Freddie Mac current loan limits. 
The previous floor was $200,160 based on 48% of Freddie Mac loan limits.
HUD FHA has 30 days after enactment to define the Area Median Prices (AMP), and publish the new loan limits.
The new limits will be the lesser of 125% of the AMP or $729,750 which is 175% of 2008 Freddie Mac limits.
All low median loan limits will go … (1 comments)

current: Yahoo turns down Microsoft's offer! Breaking News!!! - 02/09/08 10:48 AM
Yahoo says 'Get a life Microsoft...we're worth more than 40bucks a share'.
Well maybe not in those words but Yahoo once again refuses Microsoft's bid
Microsoft has 40USD per share while the Yahoo share is trading around 29dollars.
They want at least 48per share which will be approximately another 12billion for Microsoft.
When Monday comes around....I'm sure Yahoo's share will drop due to their prideful thinking.
These two companies need to work together against the giant Google.
For the sake of consumers....Can't we all just get along?
 
Charlotte Home Mortgages FHA Loans Current Home Rates
(2 comments)

 
Mortgage & Real Estate Industry Blog. Home Mortgages, FHA Home Loans, VA Home Loans, Super Jumbo Loans, San Diego Mortgage.


Links

Archives

RSS 2.0 Feed for this blog