Mortgage markets improved last week in a week of few economic releases. The one major data point — Retail Sales — showed stronger-than-expected, but markets reacted mildly. The report’s strength was whispered in advance of the actual release; its reading validated Wall Street’s...
FHA Streamline Refinance guidelines are changing. For the better.
In an effort to improve its loan portfolio, the FHA is loosening approval standards on its popular refinance program, rendering large groups of homeowners suddenly FHA Streamline-eligible.
Now, that may seem counter-intuitive —...
April 15 is the traditional due date for federal income taxes. It’s a deadline so ingrained in the American psyche that the April 15 calendar date is often called, simply, “Tax Day”.
In 2011, however, federal taxes aren’t due April 15. They’re due April 18. It’s because...
Home affordability reached an all-time high in 2010′s last quarter. Unfortunately for home buyers in Washington , it’s been a different story since, however.
As mortgage rates cratered, and with home values soft, the Home Opportunity Index reached its highest level in 20 years. The index is...
For certain members of the military, and for certain federal employees, there’s just 2 months remaining to get use the federal home buyer tax credit.
Eligible persons include members of the uniformed services, members of the Foreign Service, and intelligence community employees who served at least 90...
