DID YOUR CHECK FROM THE MORTGAGE SETTLEMENT BOUNCE?

Mortgage Settlement Checks Bouncing That’s right ladies and gentlemen money could be on the way.  This time the money will come from the Federal Reserve.   There is an unprecedented amount of money up to the tune of $3.5 billion which will be sent out by the banks to designated homeowners.  Up to 4 million homeowners… Read more »

WHAT IF THE SKY REALLY IS FALLING? AM I COVERED IF A METEOR HITS MY HOUSE?

When you think about the chances of having a meteor hit your home the odds are quite slim but what if you were having an inordinately unlucky date and you come home from work to find your home laying as a pile of wood and brick because a meteorite hits your home.  Would your insurance… Read more »

HARP Refinancing Reduces Monthly Payments

Refinancing volumes remain high for the Home Affordable Refinance Program (HARP). With media spreading the word to homeowners that are paying high rates, many homeowners are benefiting from the HARP 2.0 program updates. HARP 2.0 Home Affordable Refinancing The Home Affordable Refinance Program (HARP) was announced by the Obama administration near the end of 2009 as way… Read more »

How to get a Low Rate Mortgage: April Mortgage Rates

April Showers Low Mortgage Rates Another month has passed by as we enter the month of April. For those buying a home or in the process of refinancing their mortgage you may be wondering what is in store for mortgage rates in April. While quantitative easing continues with the Fed purchasing 85 billion dollars in… Read more »

FHFA EXTENDS HARP REFINANCING THROUGH 2015

The Home Affordable Refinance Program (HARP) has been extended again and will no longer expire on the original date of December 31 of 2012. Federal Housing Finance Agency (FHFA) has announced the extension of the program designed for homeowners that have been unable to refinance due to their underwater mortgages. The extension was announced to continue the… Read more »

THINKING ABOUT BUYING A FORECLOSURE PROPERTY?

Foreclosures selling fast and at 20% Off Finding a good deal on a home is not as easy as it used to be.  The housing market has started to recover and pick up steam.  Homes for sale are starting to receive multiple bids now instead of not receiving any bids.  The Nation Association of Realtors… Read more »

TIME IS RUNNING OUT ON REDUCED MORTGAGE INSURANCE PREMIUMS

FHA loan are becoming more popular as families deal with the after effects of the major economic depression that we saw only a few years ago.  With conventional mortgage being more difficult to qualify for with previous credit issue, FHA has become the go to mortgage program for U.S. Families. The Federal Housing Administration has… Read more »