Freddie Mac’s Weekly Primary Mortgage Market Survey (PMMS) was released this morning.
As we were talking about last week, we have an unprecedented spread between the 30 Year and 15 Year mortgages. In the past week, the 30 Year held at 4.22%, the 15 Year ticked down [...]
Continue Reading →HUD has more changes coming for FHA loans. The MIP factors are going up by 0.25% across the board in April and this directly hits the most common loan program for first time home buyers.
Continue Reading →Without a doubt, the most common comparison between loans for first time home buyers is the FHA vs. Conventional calculation.
We’re in an interesting market right now where the FHA loan has been generally about .25% less expensive [...]
Continue Reading →We’ve had an odd couple of months with interest rates. We’ve had widespread changes in FHA mortgage insurance, mortgage rates themselves keep changing, and we have a new set of [...]
Continue Reading →A quick recap on the day. First time home buyers saw their 401(k) shrink by 2.5% and saw mortgage rates dip lower buy almost .25% today.
Tomorrow’s Continue Reading →
The state of Illinois recently revised some of their first time home buyer programs. These are great examples of what you’ll see from state-to-state.
The IHDA Home Start Loan is a 30 Year Fixed FHA [...]
Continue Reading →Becoming a first time home owner is no small challenge. Our goal with this site is to provide you with the information needed to make the intelligent choice when looking for loans for first time home buyers.
Did you know that nearly every state [...]
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