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May 2010 Mortage Articles
Weekly Review: Mortgage Rates Stay Low While Purchase Mortgages Increase
May 28th, 2010Refinance Mortgage Applications Soar As Mortgage Rates Drop
May 28th, 2010The number of refinance mortgage applications soared this past week and applications for purchase transactions are at a thirteen year low. The continuance of historically low mortgage rates and the... Read More
Mortgage Products On The Chopping Block In Washington
May 26th, 2010While many cheer the financial reform legislation working its way through Washington due to the restraints it will put on Wall Street, lost in the reporting are the impacts on... Read More
Mortgage Rates Fall Below 5%, Again Reach 50 Year Lows
May 25th, 2010Fannie Mae Tightens Credit Score Requirements for Refinances & Purchases
May 24th, 2010Mortgage Rates Hit Six Month Low On Economic Dip
May 21st, 2010As uncertain economic reports and European woes continue, mortgage rates have benefitted: mortgage rates are at levels not seen since November 2009. Economic data shows a hiccup in economic recovery,... Read More
Applying For A Mortgage? You May Need To Freeze Your Credit Activity Until Your Loan Closes To Avoid Disqualification
May 19th, 2010Under new guidelines set to take effect June 1, 2010, buying new appliances to be delivered to your new home the day after closing or going car shopping before your... Read More
Refinance or Purchase After Short-Sale? Yes You Can
May 18th, 2010Fannie Mae recently joined the FHA (Federal Housing Administration) in issuing underwriting guidelines for prospective homebuyers with prior short-sales. You may bow be eligible for a “short-refinance” or new purchase... Read More
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