The very common question that I receive in this hoard of refinances right now is, "what amount of rate reductions is it that makes it more likely I can refinance and it make sense?" To really answer … [Read more...]
Frisco Mortgage Refinance No Cost FHA or Conventional Benefit Over A Full Cost
Before the weekend got here, I thought I might get this post out so that the Frisco Mortgage readers could see a clear picture of when the no cost refinance makes since rather than the full cost, … [Read more...]
Procrastinating Refinance Prospects Soon to Miss the Boat
Future home buyers of America, and Americans concerned about the future of their investment, it may be time to turn your frown upside down. Top economists across America representing American Bankers … [Read more...]
FHA Loses Fight to Increase Down Payment Requirement from 3.5% to 5%
Thanks to the NAMB (National Association of Mortgage Brokers), the fight to hold the minimum down payment for a FHA purchase at 3.5% instead of bumping it up to 5%, has been won. Today, the fight … [Read more...]
VA Cash Out Refinancing, 100% and Super Low Interest Rate
Did you know that VA will now allow an LTV of up to 100% on a VA cash-out refi based on the current appraised value? This is a 10% increase from the previous threshold of 90%. Did you know that a … [Read more...]
