Mortgage Rates increased today as the FNMA 30 YR MBS 4% gave up roughly 9bp. This down tick in the MBS can be attributed to the late day mini rally in the equities market as JP Morgan Chase beats estimates as it releases earnings.
Both Building Permits and Housing Starts were released today. Building...
Posted by
yourmortgageplanner on Apr 10, 2009 in
FHA |
5 comments
What Is A Streamline FHA Refinance
The Traditional and Original FHA Streamline which I still offer consist of the following:
NO Appraisal
NO FICO Score
NO Income Verification
NO Asset Verification
After reading that there is little to nothing in order to qualify; you are probably asking what’s the...
The appraisal process often baffles consumers. They may feel that their home is worth a higher dollar amount, and so the appraised value doesn’t always make sense to them. It is important to know that the appraiser is completely independent from lenders, buyers, sellers, and real estate agents, and...
Today was a calm day in the Mortgage world. Mortgage Rates held steady, in comparison to the Mortgage markets ups-and-downs last week as rates fell Monday and Tuesday before surging higher from Wednesday through Friday.
In some case, after touching all-time lows, conforming mortgage rates added a...
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Benjamin Franklin once said, “In this world nothing can be said to be certain, except death and taxes.” More than 200 years later, this certainly holds true. And while being a homeowner won’t add years to your life, the modern tax code has a number of benefits...
