Just received an infographic from Genworth Financial comparing the costs of FHA vs. PMI that I thought I’d share. For […]
Category: Lending
FHA mortgage insurance rates increase next week
Effective April 1, 2013 the Federal Housing Administration’s (FHA) will increase its annual mortgage insurance premium (MIP) for most new […]
Mortgages through Wal-Mart?
Would you buy a mortgage through Wal-Mart? One in three consumers would consider it. See the NBC News story here: […]
Mortgage rates at all-time record lows
According to a press release by Freddie Mac average fixed mortgage rates fell to new all-time record lows for the […]
Big changes for down payment assistance programs
[On Friday last week I received the following message from Lisa Fleck, a Sr. Loan Consultant at Summit Funding, Inc. […]
What is an FHA 203(k) loan and how can I use it?
I read an article today regarding using FHA 203(k) loans to purchase and rehabilitate distressed properties. In the piece the […]
Changes with the Nevada Rural “Home at Last” program
Did you know that as of July 2, 2012 the Nevada Rural Housing Authority’s “Home at Last” program is no […]
Condo or townhome? It makes a difference when financing
Yesterday, I wrote about the rising prices of condominiums and townhomes. In keeping with the condo/townhome theme, today I’d like […]