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Gaius Gracchus on Is Reno-Sparks experiencing another housing bubble?: “So the US is in a housing market bubble list, but Canada is not?!!! That is humorous!” Jan 4, 19:32
on November 2020 Market Report for Reno and Sparks, Nevada: “Hello Guy – yes, thank you that is incredibly helpful. I would not have guessed they would be that far…” Dec 4, 13:25
on November 2020 Market Report for Reno and Sparks, Nevada: “Hello Vale, Good question. The property (APN 028-213-14) was not listed on the MLS; hence the sale will not appear…” Dec 2, 15:18
Tag Archives: HUD
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 by 10 basis points or by 0.10 percent. This increase will bring the mortgage insurance rate to 1.35 percent. … Continue reading
FHA loan limits extended until December 31, 2011
Last Friday the Department of Housing and Urban Development issued a Mortgagee Letter to all approved mortgagees stating what are to be the Federal Housing Administration’s (FHA) Maximum Loan Limits Effective October 1, 2011 through December 31, 2011. For the … Continue reading
FHA loan limits to be cut by nearly 20 percent – will it matter?
I received an email this week from a Senior Loan Officer informing me of a possible decrease to FHA funding limits if Congress fails to act. The email read: “Barring Congressional action, FHA loan limits will revert back to loan … Continue reading
Nevada to receive $43 million in HUD assistance
Did you catch last week’s U.S. Department of Housing and Urban Development’s announcement of the nearly $1 billion in additional NSP grants awarded to states for the purpose of confronting abandonment and blight brought on by foreclosures. These Neighborhood Stabilization … Continue reading
HUD Releases New FHA and Conforming Loan Limits
The U.S. Department of Housing and Urban Development (HUD) has released the new FHA and conforming loan limits based on changes enacted last week as part of the massive economic stimulus bill. For most areas the limits have returned to … Continue reading
