THE INCREASE IN MORTGAGE RATES COUPLED WITH RISING HOME PRICES MAY DAMPEN DEMAND, BUT THE RECENT UPWARD MOVEMENT IN RATES IS NOT ENOUGH TO MAKE HOUSING UNAFFORDABLE TO MEDIAN INCOME EARNERS, ACCORDING … [Read more...]
Part I: How To Prepare for My Home Loan Process
NEEDS DOCUMENTATION LIST FOR YOUR TRANSACTION Fannie Mae and Freddie Mac are the governing bodies of home loans in American, and any loan originated through an FDIC related lending … [Read more...]
Chapter 13 Bankrutpcy vs Chapter 7 Bankruptcy
There is a difference in the type of Bankruptcy one person may have entered into compared to the next, and if you were in a Chapter 13 BK rather than the Chapter 7 variety, you might find that the … [Read more...]
2009 Fannie Mae and Freddie Mac Conforming Loan Limit
The report is out. Conforming Loan Limits will remain unchanged. There were many families in the United States that had hopes for an increase in the the conforming loan limit. Those families with … [Read more...]