"CFPB new rules will be implemented accurately and expeditiously" this quote from the Regulatory Implementation article, posted on the CFPB website, says it all. In layman terms, qualifying for a mortgage will require, lower...
LOCK ALERT...Today is a good day to lock your loan. The Ten Year Treasury is at 2.53 and MBS prices jumped after the release of the September Employment report and are now up +17/32. The economy added just 148K jobs, below...
The Us Dollar is the Coca Cola of currency. Lets hope the changes coming to the FED do not create NEW COKE. FED policy has to carefully bring us out of the quantitative easing, otherwise we will see many problems. I do not...
With the experts still hedging towards a start of FED TAPERING, at least a little, to test the waters. You can expect rates to rise. We have seen the issues in Egypt, now Syria, and less than perfect job numbers last week,...
The quote below is form an article on MSN Money page. Us treasuries leapt ahead yesterday from 2.18 to 2.32, and today they sky rocketed to 2.42. Rates have reached a two year high over the last month. 2nd mni housing bubble...
Harp 3 was entered back into congress in February. This new HARP Bill will allow non-GSE owned mortgages to be refinanced along the same guidelines as GSE owned mortgages. It only makes sense to allow homeowners that have...
The HARP program is expected to end 12/31/2013. If you have not applied or applied over more than 6 months ago for this special refinancing program now is the time. Until recently, most lenders were only accepting HARP loans...
Here are 3 suggestions for buying a home in a Low Inventory Market: 1. Get pre-approved and choose a Realtor that can help you find homes that have not been listed yet.- Many Realtor Offices share soon to be listed homes in...
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