Mortgage Rates Dropped Considerably in January 2016 The chart below shows how the market has moved since April 2015 below. Keep in mind, the chart lines run inversly to rates, so when the lines go … [Read more...]
FHA Reduces Mortgage Insurance Rates
Flower Mound Mortgage Company -Premier Nationwide Lending - FHA MIP Reduction In the last 10 years, we've seen FHA increase their up front mortgage insurance and their annual MIP (annual is paid … [Read more...]
FHA Mortgage Insurance Changes Again
My Flower Mound and Frisco Mortgage clients are talking about these FHA changes, and have lots of questions, so I figured all my other clients in Texas would appreciate the answers to these frequently … [Read more...]
More To Learn About FHA Mortgage Insurance
Did you hear that FHA has installed another increase in the amount of mortgage insurance that it's charging the home buyers and refinance prospects starting April 18 2011? The Frisco home buyers … [Read more...]
FHA Mortgage Insurance to Change October 4, 2010
The commissioner of FHA, David Stevens, announced the changes to the current mortgage insurance structure at the beginning of this month. It is expected that the changes to mortgage insurance … [Read more...]
Policy Changes With FHA Guidelines for Underwriting…Will It affect first time buyers?
Have we reached the top of the "mountain" in regards to tightening of underwriting guidelines in the mortgage industry in hopes to reconstruct, and specifically speaking, in FHA lending, so we can … [Read more...]
First 15 Banks That HUD Accounts for High Claims Rate for FHA Loans
Yesterday, The Truth About Mortgage lists the first 15 Banks in America that have received a subpoena for a high claims rate on their FHA mortgages. These banks were recognized first because of their … [Read more...]
