Month: May 2012

FHA Streamline Refinance Changes

Posted on May 30, 2012 by - FHA Mortgage, Local Michigan, Refinance

I’m sure I don’t really need to go over the drastic changes our housing market has witnessed over the past few years so I’ll just limit this blog to the ever expanding hope on the horizon for homeowners. At least for those of you who have found yourselves in quite a sticky situation in regards… Read more »

2012 Grand Rapids Mortgage Rates

Posted on May 26, 2012 by - Local Michigan, Mortgage Tips

Everyone has been affected in some way by the big hit the housing market recently took. There are still plenty of foreclosures out there along with people spending money on mortgages they can’t afford to spend. Luckily, Grand Rapids Mortgage Rates are one of our specialties. We here at Riverbank Finance love to help out… Read more »

FHA Streamline Refinance Update

Posted on May 24, 2012 by - FHA Mortgage, Local Michigan, Refinance

It seems the Federal Housing Administration (FHA) is making its mortgage program (FHA Streamline Refinance) even more affordable. Allowing for hundreds of thousands of additional homeowners to reap the awesome benefits of today’s low mortgage rates. Their goal is to reduce the mortgage fees and mortgage insurances to all homeowner’s that qualifies. These lower fees… Read more »

Obama’s HARP 3.0 Proposal

Posted on May 17, 2012 by - Home Affordable Refinance Program, Local Michigan, Refinance

The Home Affordable Refinance Program (HARP), which was originally proposed by President Obama, may be expanded for the third time.  The program has been in effect for a while now and it seems as if it may undergo yet another transformation to help additional homeowners refinance. Our previous blog post covered the transition to HARP… Read more »

Michigan Vacation Land

Posted on May 11, 2012 by - Local Michigan, Michigan Land Loans

Thanks to the web, our mitten state of Michigan has been gaining quite a bit of popularity. Articles seem to appear almost every month on the front page of popular websites like Yahoo that make Michigan look great. We’ve had articles about Holland being one of the “nicest” places to live, Grand Rapids being the… Read more »

Home Prices to Rise in 2012

Posted on May 9, 2012 by - Buying a Home, First Time Home Buyer, Local Michigan

Some more great news has just been released in regards to the housing market. No longer are the days of dark clouds looming overhead. We now have a clear-cut indication that things are improving (all be it slowly, but still improving). Overall home values are expected to begin rising as early as the end of… Read more »