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FHA Takes Additional Steps to Bolster Capital Reserves
As part of a broad effort to strengthen the Federal Housing Administration's
(FHA) Mutual Mortgage Insurance Fund (MMI Fund), FHA Commissioner Carol Galante
announced a series of changes to be issued this week that will allow the agency
to better manage risk and further strengthen the ...
Fiscal Cliff Avoided: What It Means for Housing and Home Builders
The fiscal cliff, an economically damaging set of tax hikes
and spending reductions scheduled to begin in 2013, has been avoided (for now)
and that is good news for housing in the short-run.
The enactment of H.R.
8, the American Taxpayer Relief Act of 2012, will extend ...
3 Tips for Taking Advantage of This Year's Lower Tax Rates
Income taxes are going up next year, and not just for those
who earn more than $200,000 a year.
“Taxes are likely to be higher for
everyone” says financial planner Rick Rodgers, author of The New Three-Legged
Stool: A Tax Efficient Approach To Retirement ...
Home Prices Hit 20-month High
FNC’s latest Residential Price Index™ (RPI) indicates that
U.S. property values continue to rise. Home prices reached a 20-month high
following a robust spring/summer homebuying season. In August, home prices rose
for the sixth consecutive month, consistent with signs of strengthening market ...
Mortgage Rates Hold Steady as Markets Speculate Further Stimulus
Freddie Mac recently released the results of its Primary
Mortgage Market Survey® (PMMS®), showing fixed mortgage rates holding steady
from the previous week and remaining near their all-time lows. The average
30-year fixed-rate mortgage has been below 4.00 percent all ...
It is so hard for buyers to work out what they should offer a seller for their home. There is a plethora of information on the internet to review. Buyer demand, seller home supply, mortgage interest up or down, short sales, REO’s, etc. It is overwhelming. That said, there are a few things that are a must for consideration if you are to ...
The clear answer to these two questions are resoundingly, Yes & Yes.
This week interest rates reached an all time low for the past 15 years.
So what does this mean for both Buyer's & Seller's.
For the Buyer, you can now get a 30 year fixed rate mortgage (FRM) for 4.32%. It was over 5% this time last year. A 15-year FRM this week ...