One of the main home financing options available right now is a FHA loan. In fact, in 2009 34.5% of all loans were FHA loans, in 2010 27.7% were FHA loans, and 33% in 2011 so far. With so many FHA loans administered by the Government the last few years FHA mortgage holders need to be aware of the advantages they may have when contemplating a refinance. One option… Read more »
Month: April 2011
America’s Most Stressful Jobs 2011
If you think you have it bad when it comes to stress at work, you may be right! CareerCast.com has released their list for the most stressful jobs in 2011. This is one top ten list that you do not want to be on. Of course, one of the jobs on the list is being… Read more »
2011 Postage Rate Increase
There is yet another cost of doing business for Realtors and Mortgage professionals taking place on April 17th, 2011. The United State Postal Service (USPS) will be increasing stamp prices for most of its mail classes including First Class, Media Mail, and Parcel Postage. Do not mistake these increases for the already implemented rate increases… Read more »
FHA Mortgage Insurance Premium Increases
For all FHA mortgage loans with case numbers assigned on or after April 18th 2011, the mortgage insurance premium will be increased making it more expensive for homebuyers. This change will not affect those who already have a FHA case number assigned or FHA loans that are already funded. To help you better understand FHA… Read more »