Posts Tagged ‘refinance’
If your mortgage is set to adjust this year, the smart move may be to let it. Today’s conforming mortgages are adjusting lower than ever before — as low as 3 percent. It may not be what you expected when you signed for your ARM several years ago.
Tags: ARMs, LIBOR, refinance, refinance rates
Posted in Adjustable Rate Mortgages | Comments Off
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The Fed Purchase Program is ending in March and the MBS (mortgage backed securities) market will be an open canvas to new investors. At the moment, the Fed is 92% complete with their program, and when they back out of it, this is going to attract investors that are going to require more yield. Well…Read the Rest of Article
Tags: austin, dallas, el paso, fha, fha rates texas, refinance, refinance rates texas, san antonio, va, va rates texas
Posted in Mortgage Insights | Comments Off
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If you are vacating a residence that will remain occupied by the co-borrower, he/she is required to obtain a NEW FHA mortgage loan. Acceptable situations are: 1.) Instances of divorce, after which the vacating spouse will buy a new home, or 2.) One of the co-borrowers will vacate the existing property -
Tags: fha, FHA Guidelines, fha loan, FHAloanhouston, Houston, mortgage rates houston, refinance, san antonio, texas
Posted in Texas Mortgage Info | Comments Off
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An Identity-of-Interest transaction is where a sales transaction is made between parties with family/business relationships. To break it down very simply, and this is USUALLY always the case, when a family member sells to ANOTHER family member, FHA looks at that as an Identity-of-Interest Transaction. I get at least 1-2 calls per month with this…Read the Rest of Article
Tags: fha, fha loan, fha mortgage, fha mortgage houston, FHAloanhouston, Houston, refinance, san antonio, texas
Posted in Texas Mortgage Info | Comments Off
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Call Us NOW to get a LOWER RATE. By Amy Hoak, MarketWatch CHICAGO (MarketWatch) — Lured by low mortgage rates, many homeowners have been rushing to refinance. Interest is gaining for good reason: Eligible borrowers can lock in rates that haven’t been this attractive in decades. “With interest rates hovering around 5% for conforming loan…Read the Rest of Article
Tags: fha, Houston, refinance
Posted in Texas Mortgage News | Comments Off
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With mortgage rates taking a tumble over the last few days, loan officers with customers who have an FHA insured mortgage have been calling frantically to get them locked in at a lower rate. What is an FHA streamline? FHA Streamline refinance is a program designed to give borrowers who already have an FHA insured…Read the Rest of Article
Tags: fha, fha refinance austin, fha refinance dallas, fha refinance el paso, fha refinance houston, fha refinance san antonio, fha refinance texas, fha streamline refinance, fha streamline texas, refinance, streamline
Posted in FHA Guidelines, FHA Mortgages, Texas Mortgage Info | Comments Off
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