John Meussner, #MortgageMadeEasy Walnut Creek, CA 484-680-4852 (Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)

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Fred Griffin Tallahassee Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Dropping 25 basis points... is that correct?

Jan 09, 2017 11:29 AM
Rainer
101,784
Scott Lawson
America's Home loans - Santa Rosa, Petaluma Mortgage Broker - Santa Rosa, CA
Mortgage Broker FHA, VA, refinance or purchase

A step in the right direction. Now they need to restore the cancellable option to make it really shine again...

Jan 09, 2017 11:33 AM
Rainmaker
1,157,329
FN LN
Toronto, ON

No.  It has no relevance in our great country.  The only HUD news I follow is to answer the question "What is one type of career that a retired surgeon can have that is completely unrelated to his prior career?"

Jan 09, 2017 02:01 PM
Ambassador
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Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Yes, I heard. Great news for FHA buyers

Jan 09, 2017 01:37 PM
Rainer
390,088
Anna Hatridge
R Gilliam Real Estate LLC - Farmington, MO
Missouri Realtor with R Gilliam Real Estate LLC

you are so right!  I am excited to have a break which will save my sanity  and my clients hundreds of dollars. 

Jan 14, 2017 01:36 AM
Rainmaker
3,330,353
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

Smart lenders in every market spread the word to Realtors and clients....we were bombarded.....and that's fine...so much better than not knowing.

Jan 11, 2017 02:11 AM
Rainmaker
142,596
Diana White-Pettis
Bennett Realty Solutions - Upper Marlboro, MD
GRI, CDPE, CNE, WHC Upper Marlboro Homes for Sale

Yes, I read about this.  It's great news.  I'm hoping in the near future HUD will also work on lifting some of the restrictions they have for people interested in buying condos.

Jan 10, 2017 04:09 PM
Rainmaker
3,494,169
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Not only did I see it... I must have seen this news at least a dozen times.

Jan 10, 2017 04:09 AM
Rainmaker
683,195
Debra Leisek
Bay Realty,Inc Homer Alaska - Homer, AK

I did see that! A step in the right direction....  do you think they will take a positive strp for allowing it to cancel out again?

Jan 09, 2017 11:34 PM
Rainmaker
3,676,349
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi John --- yes, I did when I opened the email you sent me earlier today.     

Jan 09, 2017 10:35 PM
Rainmaker
1,618,650
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

Yes a LO sent this to me today. Thanks John for the heads up.

Jan 09, 2017 04:35 PM
Rainmaker
812,414
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

" LIKEY " 

Jan 09, 2017 03:42 PM
Rainmaker
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Just read that the average buyer could save about $500.00. Not bad!

Jan 09, 2017 02:25 PM
Rainmaker
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Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Thanks for the information. 

Jan 09, 2017 12:51 PM
Rainer
78,785
Michael & Gayle Ramsey Fujita
Green Realty Group (808) 388-1485 - Honolulu, HI
(S) RAs SFRs ePro MRP

Yes, saw this the other day in a RESPA newsletter.  Won't help anyone under contract now with a closing prior unless the Seller would be willing to extend and that would take some doing....  

For new contracts definitely something to keep in mind.  

Jan 12, 2017 09:44 AM
Rainer
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Michael Scruggs
UTR Texas-Realtors - Houston, TX
ABR, CNE, TAHS

Yes, I heard about the drop.  It could save FHA  buyers money!

Jan 11, 2017 07:28 AM
Rainmaker
1,592,130
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Good info9rmation for many buyers and this will boost what the buyers can afford.

Jan 11, 2017 07:06 AM
Rainmaker
4,432,941
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I read your post.

Jan 11, 2017 04:14 AM
Rainmaker
4,798,831
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Yes, good news.

Jan 10, 2017 05:32 PM
Rainmaker
775,782
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Yes, good news.

Jan 10, 2017 05:29 PM
Rainmaker
3,476,028
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

It is good news for sure for us.

 

Jan 10, 2017 02:52 PM
Ambassador
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Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

That sounds like a good thing! 

Jan 10, 2017 08:11 AM
Rainmaker
881,609
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

I don't do a lot of FHA but thanks for the heads up

Jan 10, 2017 06:52 AM
Rainmaker
788,866
Susan Laxson CRS
Palm Properties - La Quinta, CA
Local Knowledge & Global Network

Great news and thanks for sharing it!

Jan 10, 2017 05:12 AM
Rainmaker
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Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Interesting

Jan 10, 2017 04:31 AM
Rainmaker
735,413
Peter Mohylsky. Beach Expert
PrimeSouth Properties - Santa Rosa Beach, FL
THE BEACH IS OPEN

Thanks for sharing this bit of information.

Jan 10, 2017 03:45 AM
Ambassador
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Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

That is great news!

Jan 09, 2017 10:50 PM
Rainmaker
589,629
Tony Lewis
RE/MAX of Valencia (Hall of Fame) 30 year Valencia Resident - Valencia, CA
Summit Real Estate Santa Clarita & OC Laguna Nigel

No I haven't.  Thank you for the heads up. I'm calling lenders tomorrow to find out how it affects my clients.

Jan 09, 2017 09:39 PM
Rainmaker
503,567
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

This is great news ... Thanks for sharing!

Jan 09, 2017 08:39 PM
Rainmaker
583,675
Nathan Gesner
American West Realty and Management - Cody, WY
Broker / Property Manager

I missed this. Thanks for the tip!

Jan 09, 2017 08:36 PM
Ambassador
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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

GREAT news for FHA buyers, John Meussner!

Jan 09, 2017 07:22 PM
Rainmaker
5,883,749
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Yes. Good news.

Jan 09, 2017 07:07 PM
Ambassador
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Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Trump must be planning to use some fha financing.

Jan 09, 2017 07:05 PM
Ambassador
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Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

change is here

Jan 09, 2017 06:59 PM
Rainmaker
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William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I did not.  Thanks for the link

Jan 09, 2017 05:42 PM
Rainmaker
563,217
Maria Sapio
Keller Williams of Central PA - Carlisle, PA
Real Estate Agent- Carlisle, PA. Mariasapio.com

Thank you John Meussner for keeping us posted ...
With Appreciation,
Maria 

Jan 09, 2017 04:21 PM
Rainmaker
3,058,340
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

John Meussner This is very good news will help more buyers qualify for loans.

Jan 09, 2017 04:19 PM
Rainmaker
3,182,981
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

That is great news, i will have to check out the news and see what the reduction will be. 

Jan 09, 2017 04:02 PM
Rainmaker
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Sybil Campbell
Long and Foster REALTORS® 5234 Monticello Ave Williamsburg, Virginia - Williamsburg, VA
REALTOR® ABR, SFR, SRES Williamsburg, Virginia

That's interesting thanks for sharing.

Jan 09, 2017 03:59 PM
Ambassador
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Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Thanks for being the first to tell me. That's great news. 

Jan 09, 2017 03:41 PM
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

John Meussner - this will be a big plus! Thanks for sharing this.

Jan 09, 2017 03:37 PM
Rainmaker
790,066
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

All bits of good news help and are good to know!

Jan 09, 2017 02:55 PM
Rainmaker
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Marco Giancola
Beachfront Realty - Miami Beach, FL
Realtor (305)608-1922, Miami Beach Florida

That is good news!

Jan 09, 2017 02:09 PM
Ambassador
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

That is good news. USDA came down last year right after I closed one.

Jan 09, 2017 02:05 PM
Rainmaker
1,306,592
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Thanks, I did not see that one!

Jan 09, 2017 01:49 PM
Rainmaker
2,557,820
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Finally something long time a coming is here...thank you John

Jan 09, 2017 12:58 PM
Rainmaker
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Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

John,

Thank you for the information, we appreciate it. A

Jan 09, 2017 12:19 PM
Rainer
149,312
Shahar Hillel
Augusta Financial Inc. - Stevenson Ranch, CA
Mortgage Consultant, Loan Officer.

Good news.

Jan 09, 2017 12:17 PM
Rainmaker
3,481,908
Richard Weeks
Dallas, TX
REALTOR®, Broker

Thanks for the heads up.

Jan 09, 2017 11:59 AM
Rainmaker
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Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

that's great news....thanks for sharing it.... keep those tidbits flowing....

Jan 09, 2017 11:49 AM
Rainmaker
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Susan Haughton
Long and Foster REALTORS (703) 470-4545 - Alexandria, VA
Susan & Mindy Team...Honesty. Integrity. Results.

A move in the right direction, it seems. 

Jan 09, 2017 11:44 AM
Rainmaker
465,654
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

I had not seen this.  Thank for the heads up!

Jan 09, 2017 11:37 AM
Ambassador
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Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I did and it is good news.

Jan 09, 2017 11:17 AM
Rainmaker
201,808
Eva B. Liland Century 21 Doug Anderson
Century 21 Doug Anderson - Lancaster, CA
Glad to be of Service 661-714-1643

It was brought up last Friday in our weekly office meeting.

Jan 17, 2017 07:11 PM