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2012
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In recent years as credit standards have tightened on mortgages and many home loan products have gone away, with more than a few for the good, jumbo home loans have become more difficult as well. However, it now appears that this trend is being reversed as jumbo mortgage are starting to make a co...
04/28/2012
Right now there are mortgage borrowers with adjustable rate mortgages (ARMs) on which the rate has adjusted within recent years are currently enjoying extremely low interest rates. This is a reflection of the unusually low levels of the rate indexes used by most ARMs. But of course the flip sid...
04/28/2012
In today’s mortgage marketplace, many home loan products that seem to go away for some time are making a strong come back, but in ways that makes sense. Home loans for second homes or in other words, vacations homes and home loans for investment properties are available and viable in today's mo...
04/16/2012
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In recent articles we have discussed the continued rise in FHA mortgage insurance rates to their current levels. Currently, a potential homebuyer who wants to purchase a home using an FHA loan and who puts down the minimum 3.5% down payment will have to pay a 1% FHA mortgage insurance upfront p...
04/16/2012
As we have chronicled in recent weeks, HARP 2.0 is now fully here and homeowners are now closing loans through this new government refinance program. Please read previous articles at: http://activerain.com/blogs/strategicmortgage for complete coverage of HARP 2.0. However, the basic breakdown...
04/16/2012
Rainmaker
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