Posts Tagged ‘new legislation’

Afternoon Market Update 12/14/09

by FHA VA USDA Jumbo Home Equity Texas Mortgage Lender | December 14th, 2009

Currently down 16 bp (and surprisingly so), there is no movement in stocks, bonds, or oil today. Doesn’t look like there will be a risk to float until tomorrow, but realizing all the volatility that has been going on lately, if it was me, I would lock in your loan. Tomorrow the economic calendar has…Read the Rest of Article

Tags: mortgage advice, mortgage legislation, new legislation, rates
Posted in Mortgage Insights | Comments Off

What the FHA Needs To Get the Job Done

by FHA VA USDA Jumbo Home Equity Texas Mortgage Lender | October 3rd, 2008

In the current credit squeeze, if you have less than a 20 percent down payment, there’s pretty much only one major source of mortgage financing available: the Federal Housing Administration, the Depression-era home loan insurance agency that still offers 3 percent down, 30-year, fixed-rate mortgages with consumer-friendly credit standards, even on jumbo loans in high-cost…Read the Rest of Article

Tags: congress, credit squeeze, fha, fha loan, Housing Market, HUD, new legislation
Posted in Texas Mortgage News | Comments Off