ARCHIVED BLOG POSTS
2013
What is the FHA Mortgage Insurance Premium structure for forward mortgage loans? In most FHA programs, an Up-Front Mortgage Insurance Premium (UFMIP) is collected at loan closing; and an Annual Mortgage Insurance Premium (MIP) is collected in monthly installments. The FHA mortgage insurance premi...
01/20/2013
0
Comments
The best "mix" for a strong FICO score is to have a mixture of trade lines. For instance, a mortgage, a car loan, perhaps a student loan and between 2-4 major credit cards. More or less than this can be viewed slightly negatively. (However, if you happen to have more than 4 credit cards do not cl...
01/09/2013
1
Comments
The bond and mortgage markets started a little better this morning; both markets technically overdone, bonds oversold, stocks overbought. That said, neither trend shows any evidence of reversing, just some retracements. There are no economic releases today, and not much for the week. Treasury w...
01/07/2013
Rainer
62,165
62,165
Rhett Laufenburger
Sun City West AZ Mortgages