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8 Tips for Buying Your First Home - DailyFinance

8 Tips for Buying Your First Home - DailyFinance | Home Loans | Scoop.it
8 Tips for Buying Your First Home
DailyFinance
These types of properties many times have no yards, and the maintenance of the outside of the property is generally managed by a homeowner's association.
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Buy a HomePath® Property with a 3% Down Payment | No Appraisals and No Mortgage Insurance

http://bit.ly/PMdisclosure http://www.ProspectMortgageDirect.com/GoHomePath - Are you ready to become a homeowner? If you can afford mortgage payments but do...
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Why Baton Rouge FHA Loan Share May Shrink

Why Baton Rouge FHA Loan Share May Shrink | Home Loans | Scoop.it
Changes to the FHA loan program in 2013, including higher mortgage insurance premiums and extending mortgage insurance payments for the life of the loan, may reduce the number of borrowers who use this loan product.

Via Baton Rouge Real Estate News
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Baton Rouge Real Estate News's curator insight, May 15, 2013 9:27 AM

FHA Mortgage Guide has an interesting article on why FHA mortgage loan volume could shrink, one of the primary reasons being permanent "MI" or mortgage insurance for the life of the loan, which is an extra $150/month to $300/month.  Over 30 years, that could be an extra $21,600 to $108,000 just for mortgage insurance.  


Article Source: http://www.fhaloanpros.com/2013/01/fha-loan-share-may-shrink/

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New rules for jumbo loans, qualified residential mortgages could make ... - Inman.com

New rules for jumbo loans, qualified residential mortgages could make ... - Inman.com | Home Loans | Scoop.it
Inman.com
New rules for jumbo loans, qualified residential mortgages could make ...
Inman.com
On Jan. 1, 2014, a new provision in the Dodd-Frank Wall Street Reform and Consumer Protection Act goes into effect.
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FHA Program Offers Financing Solution for Stock of Aging Homes

FHA Program Offers Financing Solution for Stock of Aging Homes | Home Loans | Scoop.it
Seventy-one percent of single-family homes in the United States were built before 1990, according to a new industry report. So far this year, 60 percent of residential transactions involved homes built prior to 1990.
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Why Your Should Consider Refinancing Your Mortgage

Refinancing a mortgage is a golden opportunity to lock in today’s low interest rate for the next 15 or 30 years. While interest rates now are still low, there’s a good chance they will be heading up in the coming months. The Fed won’t maintain the current bond purchasing level forever, and just as rates spiked in September when the Fed hinted the bond purchasing would change, rates will spike even more when purchasing levels actually do change. As interest rates remain very low for 30-year and 15-year mortgages, homeowners can benefit greatly from a refinance. Several types of people in particular should consider refinancing. Carrying A High Rate Anyone with an interest rate well above today’s level should think about a refinance. Unless the homeowner is planning to sell within the next few years, a refinance will almost always save money in the long run if the rate can be lowered by at least a percent. Switching From FHA To Conventional Given that FHA mortgages now carry mort


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Up at the short end, competitive at the long end - Interest.co.nz

Up at the short end, competitive at the long end
Interest.co.nz
This morning, SBS Bank has raised fixed mortgage interest rates for both the six month and one year terms.
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Fannie Mae REO Homes For Sale - HomePath.com

HomePath.com is the Official foreclosure website owned by Fannie Mae. Find Fannie Mae foreclosures exclusively on HomePath.com. (Just closed another Fannie Mae Homepath loan!

Have you heard of Fannie Mae's Foreclosure listing web site...
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FHA Loans: Credit Scores Loom Large as New Rules Take Effect - AOL Real Estate (blog)

FHA Loans: Credit Scores Loom Large as New Rules Take Effect - AOL Real Estate (blog) | Home Loans | Scoop.it
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FHA Loans: Credit Scores Loom Large as New Rules Take Effect
AOL Real Estate (blog)
The U.S. Department of Housing and Urban Development issued mortgage letters Aug.
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Jumbo home loans set to play bigger role for U.S. buyers

Jumbo home loans set to play bigger role for U.S. buyers | Home Loans | Scoop.it
Mortgage applicants who no longer qualify under proposed new limits will be forced to shop in the so-called jumbo arena. (Jumbo home loans set to play bigger role for U.S. buyers - Should you be concerned that the maximum loan amount bu...
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Good Home Loan Rates Elusive - NuWire Investor

News of historically low mortgage interest rates has seen a lot of airtime over the last few years, but a new report from Zillow suggests that those low rates are reserved only for those with exceptional credit.
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