FHA financing is increasing the upfront mortgage insurance premium (UFMIP) from 1.75% to 2.25% starting April 5, 2010. If you are refinancing your home, this does include streamline refinances as well. Act Now!!
Seattle Home Mortgage Rates March 29, 2010
Seattle Home Mortgage Rates are slightly up from the previous week. Secure and lock in your interest rate now!! Forecast says rates are moving up soon!
Bank of America to Cut Some Mortgage Balances
Bank of America will start a new program on May to possibly reduce principal balances or interest rates. Depending on your current loan you must follow both the Obama loan modification program and Bank of America.
Seattle Home Mortgage Rates March 22, 2010
Interest rates are holding strong near the lowest levels from 2009 till now. As the Feds purchase program slowly ends, do not risk the opportunity of securing today. Investment property refinancing is hot! Ask us why!
FHA Upfront Mortgage Insurance Premium UFMIP increase to 2.25%
FHA financing to increase the upfront mortgage insurance premium from 1.75% to 2.25% starting April 5, 2010. Monthly mortgage insurance remains as is for now.
Seattle Home Mortgage Rates March 15, 2010
Seattle home mortgage rates remain close to historical lows! Do you have an investment property and would like to refinance? Ask about our special!
Seattle Home Mortgage Rates March 8, 2010
Seattle Mortgage Rates are up slightly from the previous week. The positive economic news kicked started the stock market, taking away from mortgage bonds last week.
Seattle Home Mortgage Rates March 1, 2010
Mortgage rates have improved slightly from last week. Heavy economic news is released this week such as “personal income & spending, pending home sales, jobs report, and unemployment.” Pay close attention if you need to secure a rate!