In a near-unanimous vote, the House of Representatives gave the FHA power to raise the monthly mortgage insurance premiums it charges to its borrowers.
Tag Archives | California
Inland Empire Rates Dropping but Costs Are Rising, Says Freddie Mac
Mortgage rates may be dropping, but in the Inland Empire mortgage costs are not. According to Freddie Mac, the average required discount points on a conforming mortgage rate are higher by 0.1 percent since early-May.
Borrower Beware! Fannie Mae’s Loan Quality Initiative: Repulling Your Credit Just Before Closing
A new loan quality initiative from Fannie Mae is making it harder or more riskier for home buyers and refinancing homeowners in California to close on a mortgage.
What’s Ahead For California Mortgage Rates: June 7, 2010
Market momentum is currently in the rate shoppers’ favor. We entered the weekend with rates falling and they look poised to open Monday no worse.
CA FHA CHF ACCESS Govt. Home Purchase Loan Requires Only 1/2% Down Payment
While funds last, residents of California can receive Down Payment Assistance for a home purchase using the FHA CHF ACCESS loan that requires only 1/2% (one half) down payment. This will help both first time and move-up or second time home buyers more easily qualify for an FHA home home when buying in Temecula, Murrieta, Menifee, Lake Elsinore, Canyon Lake, Corona, [...]
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