The Government’s Revamped HARP Program For Underwater Homeowners

The Federal Home Finance Agency announced big changes to its Home Affordable Refinance Program Monday. More commonly called HARP, the Home Affordable Refinance Program is meant to give “underwater homeowners” opportunity to refinance. With average, 30-year fixed rate mortgages still hovering...

Conforming Loan Limits Drop In High-Cost Areas

For homeowners in high-cost areas nationwide, conforming and FHA loan limits have dropped by as much as 14 percent. Effective October 1, 2011, the temporary mortgage loan limits that allowed for non-jumbo loan sizes of up to $729,750 are no longer. $729,750 is above the “normal” loan limit of...

Capitalize On Low Interest Rates In Overlooked Places

It’s no secret. Rates are low right now. And, it’s not just mortgage rates, either — all types of rates are scraping rock-bottom. Borrowing rates, lending rates and savings rates are at or near their all-time lowest levels. As a homeowner in Tacoma , one way to take capitalize on...

After A Pause, Mortgage Guidelines Resume Tightening

Mortgage guidelines appear to be tightening with the nation’s largest banks. In its quarterly survey to senior loan officers nationwide, the Federal Reserve uncovered that a small, but growing, portion of its member banks is making mortgage approvals more scarce for “prime” borrowers. A...

Ranking The Best Places To Live In The U.S. (2011 Edition)

CNNMoney recently released its Best Places To Live 2011 list. The annual survey is based on data from Onboard Informatics. Using Quality of Life factors such as education, crime and “town spirit”, and focusing on towns with between 8,500 and 50,000 residents, the CNNMoney survey ranks the...

Ranking The Best Places To Live In The U.S. (2011 Edition)

CNNMoney recently released its Best Places To Live 2011 list. The annual survey is based on data from Onboard Informatics. Using Quality of Life factors such as education, crime and “town spirit”, and focusing on towns with between 8,500 and 50,000 residents, the CNNMoney survey ranks the...

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