by Norman | Feb 19, 2010 | Uncategorized
Those Who Wait Will Pay Thousands More This Spring Waiting a few extra days or weeks to purchase a home this spring could cost buyers thousands of extra dollars as the office of Housing and Urban Development (HUD) implements several changes for loans guaranteed by the...
by Norman | Feb 16, 2010 | Uncategorized
February 16, 2010 Mortgage Market Conditions Markets were closed yesterday in observance of President’s Day. Today’s market news was the manufacturing index which showed improved numbers from last month, increase in business activity and business leaders...
by Norman | Feb 11, 2010 | Uncategorized
February 11, 2010 Mortgage Market Conditions Mortgage bonds lost some steam and have put a bit of a damper on the previous rally. Looking at the bonds you can see that in the last 3 days, bonds have fallen in price. And, as we all know by now, falling bond prices...
by Norman | Feb 5, 2010 | Uncategorized
New Job Report – a Mixed Bag of Treats ( or Tricks) The Labor Department, today, released the latest government data for Non-farm payrolls ( employment data ) which revealed jobs losses of 20,000 for January. This was a surprise as the consensus expected a gain...
by Norman | Jan 26, 2010 | Uncategorized
January 26, 2010 _____ More FHA News: HUD increases upfront Mortgage Insurance Premium; announces additional changes forthcoming _____ On Wednesday, January 20, 2010 FHA Commissioner David Stevens announced several upcoming changes designed to strengthen FHA’s...
