2/8/2010 12:41:00 PM
The Future of Mortgage Rates
The following is a list of articles and interviews proclaiming the rise of interest rates in the near future. The trigger will be the end of the Mortgage Backed Securities purchases by the Fed. Dan Green of The Mortgage Reports Blog, television interview with ...
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2/1/2010 1:57:00 PM
More Changes in FHA... Increase in Upfront Mortgage Insurance Premium
Effective on or about April 5, 2010 FHA will increase the Up Front Mortgage Insurance Premium from 1.75% to 2.25%. This is the amount that gets added to the base loan amount. Example #1 Existing (1.75%) Sales Price $250,000 Base Loan 241,250 UFMI Premium 4,222 ...
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2/1/2010 11:06:00 AM
Fannie Mae will Pay Closing Costs
On Friday, the last business day of January, Fannie Mae announced that it would pay the closing costs, up to 3.5%, on purchases of foreclosed homes in its inventory. Fannie Mae is the country's largest provider of residential home funding, and is making ...
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1/26/2010 3:40:00 PM
Changes In FHA
HUD is making some changes. Starting Feb 1, 2010 HUD will relax FHA rules that prohibit insuring mortgages on homes that are owned by the seller for less than 90 days -- a move that could help expedite the rehabilitation and resale of foreclosure properties. ...
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1/22/2010 1:59:00 PM
Mortgage Rates Forecast for 2010
Although no one can be 100% accurate about the future of mortgage rates, we like to ask our lenders to take a guess periodically... 2010 Projections are for mortgage interest rates to stay fairly stable with a slight upwards trend over the first quarter. Then ...
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1/19/2010 2:13:00 PM
Frederick County MD Real Estate End-of-Year Market Report 2009
The Frederick Real Estate Market is stablizing. Pictures say some things So well...
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1/15/2010 11:17:00 AM
Thurmont MD Real Estate Market Report for December 2009
Real estate market statistics for December 2009 for sales activity in Thurmont MD have been published.* Here is the synopsis: Thurmont 2009 2008 % Change Avg. Price $255,800 $283,700 -9% Median Price $250,000 $220,000 +14% DOM 172 120 +43% # homes sold 6 7 ...
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1/14/2010 12:55:00 PM
New Market MD Real Estate Market Report for December 2009
Real estate market statistics for December 2009 for sales activity in New Market MD have been published.* Here is the synopsis: New Market 2009 2008 % Change Avg. Price $315,900 $294,650 +7% Median Price $292,000 $270,500 +8% DOM 63 113 -44% # homes sold 7 ...
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1/14/2010 12:48:00 PM
Mt. Airy MD Real Estate Market Report for December 2009
Mount Airy Real Estate Statistics for December 2009 have been published by MRIS*. Here is the synopsis: Mt. Airy 2009 2008 % Change Avg. Price $364,800 $354,742 +3% Median Price $292,500 $324,950 -10% DOM 92 101 -9% # homes sold 16 12 +33% Inventory 146 Total ...
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1/14/2010 12:38:00 PM
Walkersville MD Real Estate Market Report for December 2009
Real estate market statistics for December 2009 for sales activity in Walkersville MD have been published.* Here is the synopsis: Walkersville 2009 2008 % Change Avg. Price $290,285 $192,750 +51% Median Price $270,000 $181,000 +49% DOM 100 67 +49% # homes ...
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