Tag: mortgage loan

Trended Credit Data: How Will It Affect You?

Posted on September 28, 2016 by - Buying a Home, First Time Home Buyer, Mortgage Tips

You may have heard some buzz this spring about mortgage giant Fannie Mae and trended credit data, changes which were set to take effect in June. Just days before the launch, however, the new system was delayed unexpectedly. Well folks, long-awaited Desktop Underwriter 10.0 launched this past weekend, and with it, the requirement that lenders… Read more »

Fed Rates to be Low Until 2014

Posted on January 26, 2012 by - Local Michigan

The feds have just announced that they will be keeping the Federal Reserve rates low until 2014.  In the past they announced that rates would remain low until the middle of 2013, which helped the market confidence and ensures recovery.  The recovery has been present however it has not been as “booming” as economic analysts… Read more »