February 9, 2010
I thought this was an interesting video. Ron Insana has been on Wall Street as an analyst with CNBC for years. In fact, I used to watch him religiously. I’ve always liked what he has had to say. I don’t have a crystal ball, but I would agree with what he has said here. Visit [...]
Read the full article →
January 23, 2010
Well everyone, there have been some significant changes with regard to FHA financing as of late. Effective April 5, 2010, FHA will collect an upfront mortgage insurance premium from 1.75% to 2.250% (financed) for all Purchases. Down payment remains at 3.5% and monthly mortgage insurance remains unchanged (.55). Example: OLD: Sales price of $200,000, with [...]
Read the full article →