Those Who Wait Will Pay Thousands More This Spring Waiting a few extra days or weeks to purchase a home this spring could cost buyers thousands of extra dollars as the office of Housing and Urban Development (HUD) implements several changes for loans guaranteed by the Federal Housing Authority (FHA).
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Appraisals, Market Conditions & Greece…
February 16, 2010 Mortgage Market Conditions Markets were closed yesterday in observance of President's Day. Today's market news was the manufacturing index which showed improved numbers from last month, increase in business activity and business leaders forcasting better economic conditions in the coming months. Stocks off to a good start
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Feds Seeking Measures to Control How Loan Originators are Compensated
Feds Seeking Measures to Control How Loan Originators are Compensated
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New Job Report – How it affects Homes, Mortgages & You
New Job Report – a Mixed Bag of Treats ( or Tricks) The Labor Department, today, released the latest government data for Non-farm payrolls ( employment data ) which revealed jobs losses of 20,000 for January. This was a surprise as the consensus expected a gain of 15,000 – 20,000
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More FHA News….
more FHA news
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Keeping Your Kids Healthy
http://www.healthyhoustonkids.com Hey school’s back in session. How do you keep your kids healthy? Click the link above and keep up to date. You don’t want your kids bringing back those school germs to you, Right! Read about it!
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Bahun.net
bahun.net – Vladimir Bahun all-in-one web place
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FHA "FLIP" requirements change…
On Friday, January 15, 2010 HUD announced a temporary suspension of HUD’s policy of prohibiting FHA insured financing for properties owned by sellers for less than 90 days ( flips ). This change in policy has been implemented to aid in stabilization of home values and improve conditions in areas
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"Making Home Affordable" plan – a failure…
It is great to see the New York Times finally coming on board as they are recognizing that Obama’s “Making Home Affordable” plan has failed and could even be making the market worse! The fact is, that one needs to have the full cycle of the market and actually feel
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Mixed News as Bonds and Mortgage Rates Flip Flop
Jobs Report indicates improvement ___________________________________________ Last Friday’s Jobs Report indicated surprising results. Instead of 125,000 job losses that were expected, the Labor Department reported only 11,000 jobs lost in November. And if that were not enough, the Unemployment Rate improved to 10% – down from 10.2%. It was also reported
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