The Fed doesn’t control interest rates but they can tell us what to expect. We at VALoansMN are watching the Fed very closely for a signal rates are going up on VA Loans in Minnesota and nationwide.
Was Taylor Bean and Whitaker the lender on your new FHA, VA or USDA loan last year? If so, it is possible the Form 1098 you received from the current servicer does not list all of the interest you paid last year. Taylor Bean and Whitaker was closed last year by HUD for discrepancies in [...]
We hope for the sake of Minnesota veterans seeking to refinance or purchase a home with a VA Loan that the headline “Borrowers Pass Up Mortgage Windfall”…is inaccurate. We may not be doing a sufficient job of convincing our veterans that now be a waning time to buy or refinance using your VA loan at these historic rates.
A Tucson mortgage company is expanding into the Phoenix area and has a set of great loan officers that they are hiring.
The Realtor questioned the rate her client was receiving on the VA loan….We’ve also seen the ads for houses selling for half off the asking price or for pennies on the dollar. We would never call a Realtor and question the price you’ve negotiated for a client or the homes they’ve shown.
The Fed’s statement today does not augur well for San Jose Mortgage Rates. The Fed’s policy-setting committee stuck to a plan to end its purchases of mortgage securities by the end of March.
History – The program to purchase agency mortgage-backed securities (MBS) was announced by the Federal Reserve on November 25, 2008. In September, 2009, the [...]
South Florida Home Sales Jump Led by Miami-Dade
Single family home and condominium sales were up across the board as all of South Florida beat the national numbers reported the National Association of Realtors today in terms of percentage increase in units sold for the month of December on a year over year basis.
Media outlets will [...]
Maryland is changing it’s FHA guidelines on April 5th 2010. and here are 3 important changes you need to know about.
The new Maryland FHA upfront mortgage insurance premium (UFMIP) will be 2.25% for all purchase and refinance loans up from 1.75%
Maryland FHA seller contributions will be cut in ½. You will be limited to a 3% seller [...]
