Just recently for Portland Home Loan, I prepared an analysis for 4 purchase scenarios on the same property. It is a purchase of $300,000 here in Portland, OR, and the 4 options are: – 5% down conforming – 10% down conforming, and – 2 FHA options One FHA option is the current FHA cost structure, which has been …
Many of us are finding ourselves living in homes worth less than we paid to purchase them (myself included). Some of us purchased with a down payment, to find that equity we started with evaporating at what seems to be an alarming and relentless clip. Some of us purchased with little or no money down …
Its happening again. Rates are tumbling and tumbling more. I read recently that avoiding closing costs in a declining rate…
HOLEY MOLEY! Anyone reading this is likely aware about the FED’s Taper talk, and why it matters to mortgage rates….
I should have subtitled this post: “Why you might NOT Qualify” The FHA mortgage continues to be one of the…
Quick memo here about how the 2013 “partial Government shutdown” will affect those trying to get a mortgage right now….
someone you know is contemplating a divorce, do them a favor and send them a link to this blog post….
