FHA Drops Upfront Mortgage Insurance Premium To 0.01% For Qualified Borrowers

March 9, 2012

Beginning mid-June 2012, certain current, FHA-backed homeowners will be able to refinance their existing FHA mortgage into a new one, without having to pay the government-backed group’s new, costly mortgage insurance premium schedule.

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Mortgage Rates Expected To Rise On A Strong Job Report

March 8, 2012

When jobs come back, analysts say, so does the economy. That should push mortgage rates higher.

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Are You Wasting $471 Per Month On Your Mortgage?

March 7, 2012

Mortgage rates are low but can’t stay low forever. Here’s how you can join the current Refi Boom.

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Home Affordability Reaches An All-Time High

March 6, 2012

Home affordability moved higher last quarter, boosted by the lowest mortgage rates in history, a rise in median income, and slow-to-recover home prices.

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What’s Ahead For Mortgage Rates This Week : March 5, 2012

March 5, 2012

Mortgage markets worsened last week as the U.S. economy continued to show that it’s in recovery, and as Federal Reserve Chairman Ben Bernanke publicly hinted at the same.

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FHA To Raise Mortgage Insurance Premiums April 1, 2012

March 2, 2012

Beginning April 1, 2012, the FHA is once again raising its mortgage insurance premiums.

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Case-Shiller Index Shows Home Values Rising In Detroit

March 1, 2012

Standard & Poors released its December 2011 Case-Shiller Index this week.

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Pending Home Sales Rise To 22-Month High

February 29, 2012

The Pending Home Sales Index resumed its climb in January, posting a 2 percent gain over the month prior.

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New Home Supply Falls To 5.6 Months

February 28, 2012

321,000 new homes were sold last month on a seasonally-adjusted, annualized basis. 7 of 10 new homes sold for less than $300,000.

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What’s Ahead For Mortgage Rates This Week : February 27, 2012

February 27, 2012

Mortgage markets improved in a holiday-shortened week last week, drawing mortgage rates lower nationwide.

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