ARCHIVED BLOG POSTS
WHAT ARE YOU DOING WITH YOUR GAS MONEY? When you live in the world of consumer financing such as a mortgage broker you keep your eye on all kinds of data to help guide borrowers in making sound decisions. Generally negative economic news lowers rates and positive news drives them up. Gas pri...
AVOID REFINANCE YO YO In working with a couple recently on a refinance we looked at several options. Because they had an existing rate in the "6's" refinancing totally made sense. The question was: To what? In explaining options I usually use "The Price Is Right" analogy. Door #1, Door #2, Doo...
WHAT LOWER FHA MIP PREMIUMS MEAN For those in the lending world lower MIP premiums will cause us to take a second look at FHA for our borrowers. Since HUD made some changes that increased the up front premium to 1.75%, increased the monthly MI to 1.35% AND made MIP permanent for maximum loan...