For those of you that have been following the mortgage industry nightmare, the next part of the puzzle to be thrown in the toilet is Mortgage Insurance. I have several entries within
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Why have the 30 year fixed rates gone up rather than down in the past two weeks?   Many reasons all pointing to inflation seem to be the answer.  When the Fed lowers short-term interest
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With growing concern that the real estate values will be going down further across the country, FNMA and lenders will be analyzing the regional areas and labeling them as stressed
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In a canned statement today, Amy Bonitatibus, FnMa Senior Manager, Communications told the media, “the temporary increase in the GSE loan limit that President Bush signed into
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Henry Paulson stammered through another announcement on how the Bush Admin is helping the down and out (and not in Beverly Hills!).   The big six banks that signed up the “Project
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Mortgage rates are flat today. Still hovering a bit below 6% for a 30 year fixed conforming loan amount. The conforming loan amount for a single family house is still $417,000 until
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  What do I think about the possibility of the increased FNMA and FreddieMac loan limits? I think in the short run, it will help people with large loan sizes get lower rates. It will
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Locking in your mortgage interest rate can be a game and a gamble.   Locking in at the lowest rate available prior to the closing is like beating the house at three card stud. I, being
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Will the decline in the stock market affect the real estate market? Of course it will. It has to!  Why will it hurt real estate more than it ever has than before?  Because now, the
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FED CUTS PRIME RATE BY .5% It is a very Big Deal for those that have a home equity loan that has been squeezing them the past year or so. However, a mortgage rate it will not affect. We can
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