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Mortgage and Lending - LoanOfficerSchool.com - NMLS 291249

ARCHIVED BLOG POSTS

2008 

NEW FHA MORTGAGE CALCULATOR Shops Lenders for Lowest Rate: 30 year Fixed 1 Year Fixed Adjustable Rate 3 Year Fixed Adjustable Rate 5 Year Fixed Adjustable Rate 203(k) Rehabilitation Mortgage Calculates: Maximum Loan Amount for every County in the USA Loan amount and Mortgage Insurance Total Housi...
08/30/2008
NEW FHA MORTGAGE CALCULATOR Shops Lenders for Lowest Rate: 30 year Fixed 1 Year Fixed Adjustable Rate 3 Year Fixed Adjustable Rate 5 Year Fixed Adjustable Rate 203(k) Rehabilitation Mortgage Calculates: Maximum Loan Amounts for every County in the USA Loan amount and Mortgage Insurance Total Hous...
08/30/2008
Home prices may be stabilizing Freddie Mac announced Thursday that its Conventional Mortgage Home Price Index (CMHPI) for purchases registered a modest 0.4 percent annualized decline in U.S. home values during the second quarter of 2008, following a downward revised 10.8 percent annualized drop i...
08/30/2008
August 30, 2008 Fannie Mae rule change on Buy and Bail:  If borrower retains current residence and purchases a new residence the following will apply: Borrower no longer needs to have 6 months reserves.  Lender will only need to verify what the DU approves the borrower with in verified assets.  L...
08/30/2008
I posted this blog last week and here it is again as a reminder to please take a minute to help our industry. Just a few short weeks ago President Bush signed into law legislation that contained a provision to eliminate charitable down payment assistance, effective October 1, 2008. BUT IT"S NOT T...
08/29/2008
NEW FHA MORTGAGE CALCULATOR Shops Lenders for Lowest Rate: 30 year Fixed 1 Year Fixed Adjustable Rate 3 Year Fixed Adjustable Rate 5 Year Fixed Adjustable Rate 203(k) Rehabilitation Mortgage Calculates: Maximum Loan Amount for every County in the USA Loan amount and Mortgage Insurance Total Housi...
08/29/2008
NEW FHA MORTGAGE CALCULATOR Shops Lenders for Lowest Rate: 30 year Fixed 1 Year Fixed Adjustable Rate 3 Year Fixed Adjustable Rate 5 Year Fixed Adjustable Rate 203(k) Rehabilitation Mortgage Calculates: Maximum Loan Amount for Each California County Loan amount and Mortgage Insurance Total Housin...
08/29/2008
Mortgage Rates Down this morningADVICE:  Float.MBS yields are currently near the bottom of established trading trend so the probability of rates increasing soon is high. FNMA 30Yr Mortgage Backed Securities (MBS) down 7 basis points* to 6.053%.  10 Year T-Bill Down 5 basis pt. to 3.76% DJI Stocks...
08/29/2008
Mortgage Rates Down this morningADVICE:  Float.MBS yields are currently near the bottom of established trading trend so the probability of rates increasing soon is high. FNMA 30Yr Mortgage Backed Securities (MBS) down 7 basis points* to 6.053%.  10 Year T-Bill Down 5 basis pt. to 3.76% DJI Stocks...
08/29/2008
Mortgage Rates Down slightly this morningADVICE:  Lock Rates on today's down tick.MBS yields are currently at the bottom of established trading trend so the probability of rates increasing is high. FNMA 30Yr Mortgage Backed Securities (MBS) down 3.7 basis points* to 6.123%.  10 Year T-Bill Down 1...
08/28/2008
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Bill Ladewig

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Daily rate lock advice, mortgage market updates and information about new and existing mortgage loans.

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