I just read this very interesting article about how the new rules regarding home appraisals are having some unintended negative consequences. I know this to be true because I just went through a similar situation with one of my clients. The appraisal for the home she was buying came in much lower than expected and…
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If you are in the process of buying a home or refinancing your current mortgage, you may need to exercise a great deal of patience.
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Mortgage companies are making it difficult for people to buy homes.
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The Mortgage Bankers Association is reporting that mortgage applications have climed out of a 7 year low last week.
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I can’t tell you how many phone calls I get every day where people ask me if they should lock in their loan. And the answer is definitely, “I DON’T KNOW”
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If you are shopping for a home loan weather as a first time home buyer or a refinance, you will be faced with several options when it comes to the type of loan. A good place to start would be looking into an FHA mortgage. Here are the basic requirements for getting an FHA Loan.
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