There are efforts to try and get more funds available to USDA for the Rural housing home loan. Two members of the House–one from each party!-separately introduced bills that would raise fees on these USDA loans; the funds would be use to keep the program running. Neither program, put forth by Rep. Shelley Moore Capito [...]
All articles in category: "Government Backed Loans"
-
Will Rural Housing Get More Funds Sooner than Later?
-
Government Encouraging Lenders to Reduce Principal Amounts for “Underwater Mortgages”
Following Bank of America’s new Program, the Federal Government is looking for ways to help more Underwater Borrowers avoid Foreclosure, by having their Principal Amounts reduced, regardless of if they are in default or not. Here are a few excerpts from a New York Times Article, and my thoughts about them. New initiatives to help [...]
-
Recent Posts
Categories
Tags
5 Year ARM 15 year fixed 30 Year Fixed 203K All time lows Amortization annual mortgage insurance Economic Decisions Economics Fannie Mae FHA fha loans fixer uppers future predictions getting a loan Government Backed Loans Government Backed Mortgages government debt home sales Interest Rates intrest rates Loan Modification mip Mortgage Applications mortgage blog Mortgage Insurance Mortgage Payment mortgage qualification mortgage rates mortgage shopping mortgage stats Pay Off pmi questions to ask record lows Refinance Refinances Rural Housing treasury bonds Underwater Mortgages US credit rating USDA VA Home Loans va loans vetransBlogroll
Mortgages Explained- Utah Real Estate Blog
- Home Prices are UP in UtahReport: Utah home prices up There's more evidence Utah's real estate market is turning around. Utah home prices were up 2.3 percent in March compared to March 2011, according to research company CoreLogic. Compared to other states, Utah had the 14th highest appreciation. The picture looked even better when distressed properties were excluded. When […]
- Logan Utah Real Estate Market Conditions: Home Sales Down in AprilApril home sales for Cache County Utah are not quite as good as they were during March. Compared with April of a year ago, home sales improved 7%. 71 homes sold during April compared with 66 in April of 2011. The number of homes for sale has also risen, but this is typical for spring. Their are currently 681 residential homes for sale in Cache County. This i […]
- The Future Is Looking Bright For Utah Real EstateYesterday, the division of real estate came and spoke to Realtors, Mortgage Lenders, and Appraisers in Cache Valley. They gave us an update of the Utah Real Estate market as well as the Utah Economy as a whole. In general, they had very many positive things to say, among them: Utah was ranked the number #1 state for business and careers. #1 for Economic Dyna […]
- Home Prices are UP in Utah