HUD Tightens Rules on FHA Short Sale Loans A homeowner short sales their home because the home value is less than the mortgage owed. Then, they spot a great deal on a short sale home in the same neighborhood. Now if they can get FHA financing with … [Read more...]
Mortgage Rates Climb .25% in Past Week – What to Do
December 29, 2009 by Leave a Comment
Mortgage Rates Jump to 5.37% Yes, mortgage rates are up. Rates have jumped from 4.93% at the beginning of the month to 5.37% today. The question is will they go up further, or stop and reverse like they did over the summer when rates approached … [Read more...]
