What's New in the Mortgage Market?

There's great news from Fannie Mae: Buyers may be eligible to receive up to 3.5% in closing cost assistance through June 30, 2011 as part of the HomePath buyer incentive.To be eligible for this incentive, the following qualifications must be met: Buyers and/or selling agents must request the ince...

Your Personal Chamber Of Commerce The Internet has revolutionized the way we live in countless ways. We are able to access news as it's happening, email friends and relatives all over the world, and purchase anything from cars to vacationpackages with a few clicks of the mouse. What's ironic is ...

Steve Fingerman has nailed it correctly with his blog. In my humble opinion, Realtor's commissions are next. The banks want more of it and for you to have less of it. They've limited your commissions on short sales, etc. If they can do it permanently, they will. We all need to stick together. Whe...

On March 11, 2011, the Federal Housing Finance Agency announced two exciting changes to the Home Affordable Refinance Program (HARP). This program is for borrowers who have demonstrated an acceptable payment history on their mortgage, but due to a decline in home prices or where mortgage insuranc...

On March 11, 2011, the Federal Housing Finance Agency announced two exciting changes to the Home Affordable Refinance Program (HARP). This program is for borrowers who have demonstrated an acceptable payment history on their mortgage, but due to a decline in home prices or where mortgage insuranc...

It's Up to You Everyone makes choices. Their outlook on life, whether at home, at work, behind the wheel or at the theater, directly correlates to the decision to be either positive or negative. In essence, it's as simple as whether you see the glass half full or half empty. As author Stephen R....

When you are flooded, read the fine print of your insurance plan.By Pat Mertz Esswein, kiplinger.com Water damage accounted for about one-fifth of all insurance claims in 2007, says the Insurance Information Institute, with an average amount of $5,531. But think twice before submitting a water-r...

Do you have less than 25% down to put on a home? Do you need a loan-term longer than fifteen years? Is your credit score less than exceptional? If you answered yes to these questions, you could soon be paying more to get a mortgage.   Fannie Mae and Freddie Mac are raising risk fees that are char...

  It's that time of year again. Not college basketball season, but income tax filing season. If you own a home, make sure you take the time to proactively organize your documents to maximize your tax deductions. Proper planning and organization will help minimize your taxable income.There are ma...

Lately, very few things have been in the news more than the topic of home foreclosures. Depending on the source, it is estimated there have been over 4 million homes entering foreclosure over the past four years and about 300,000 are entering the first stage monthly. Recently the attention has tu...