You Snooze…….You Lose…….

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...

Appraisals, Market Conditions & Greece…

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...

More FHA News….

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...

Keeping Your Kids Healthy

http://www.healthyhoustonkids.com Hey school’s back in session. How do you keep your kids healthy? Click the link above and keep up to date. You don’t want your kids bringing back those school germs to you, Right! Read about it!

FHA "FLIP" requirements change…

On Friday, January 15, 2010 HUD announced a temporary suspension of HUD’s policy of prohibiting FHA insured financing for properties owned by sellers for less than 90 days ( flips ). This change in policy has been implemented to aid in stabilization of home...

"Making Home Affordable" plan – a failure…

It is great to see the New York Times finally coming on board as they are recognizing that Obama’s “Making Home Affordable” plan has failed and could even be making the market worse! The fact is, that one needs to have the full cycle of the market...

Mixed News as Bonds and Mortgage Rates Flip Flop

Jobs Report indicates improvement ___________________________________________ Last Friday’s Jobs Report indicated surprising results.  Instead of 125,000 job losses that were expected, the Labor Department reported only 11,000 jobs lost in November.  And if that...