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'Mortgage Insurance' articles

FHA mortgage insurance premiums may be partly refundable

November 07th, 2011

If you sell your home (and the buyer does not assume your FHA loan), or refinance your FHA mortgage during its first 36 months, a portion of your original Upfront MIP is returned to you or credited to your new upfront insurance premium. Here's how to calculate your refund....  Read More

Trust yourself, trust your home

February 22nd, 2011

Every newspaper has a section where, if you are in it, you will not be able to read your name and the story. It is the obituary section. Reading...  Read More

No payments? No Closing Costs? Lower interest rate?

February 15th, 2011

There are many ways a seller can participate to assist you with your new home loan and home purchase. Fannie Mae, Freddie Mac and FHA guidelines allow for the seller...  Read More

Rates at 10 month high, White House proposes changes for Fannie-Freddie

February 12th, 2011

While the world was focused on events in Egypt this week some major news was occurring at home for the mortgage industry. The industry took a look back and speculation...  Read More

Rates dip as prices hold

January 14th, 2011

When mortgage rates jumped in early November, and continued to climb through December, inflation concerns were the primary factor. This week's economic news that impacts mortgage rates included price data...  Read More

2010 ends with mortgage and housing markets slumping

December 31st, 2010

2010 was a year of ups and then downs for the real estate and mortgage industries. As 2011 begins the uncertainty of a year ago regarding where mortgage rates and...  Read More

Mortgage disclosure forms you must receive: Truth In Lending

November 30th, 2010

When completing a refinance mortgage or new home loan application you will usually receive a package of at least 25 to 30 pages. With a few exceptions almost all the...  Read More

Mortgage insurance options

November 24th, 2010

If you are applying for a mortgage, whether for a new home loan or a refinance mortgage, and have less than 20 percent equity you will need mortgage insurance. Mortgage...  Read More