Real Estate Blog

The government published the 2009 FHA Loan Limits for all 3,141 counties in the United States. As expected, loan limits will recede from their temporary levels of 2008. As in 2008, the 2009 FHA loan limits are based on the number of units in the property — from 1-unit to 4-unit: 1-unit : $271,050…

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2009 FHA Loan Limits Published To PDF For All 3,141 U.S. Counties

People often assume that because adjustable-rate mortgages “share risk” with mortgage lenders, they will be rewarded with lower mortgage rates than if they chose a comparable fixed-rate mortgage. The chart at right proves that thinking false. Three separate times since mid-September, 5-year ARMs…

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Which Is Better — Fixed Rate Mortgage Or Adjustable Rate Mortgage? The Answer Changes Day-By-Day.

People often assume that because adjustable-rate mortgages “share risk” between mortgage lender and mortgage lendee, they will be rewarded with a lower mortgage rate than if they chose a comparable fixed-rate mortgage. The chart at right proves that thinking false. Three separate times since…

Read the full post at http://www.themortgagereports.com

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Which Is Better : Fixed Rate Mortgage Or Adjustable Rate Mortgage? The Answer Changes Day-By-Day.

I am a regular participant in the Bankrate.com Mortgage Rate Trend survey and this week’s survey is now available. The Bankrate.com survey is for conforming mortgages only and does not apply to FHA mortgages, VA mortgages, or jumbo mortgages. For any of these loan types, I should mention, however,…

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Read more from the original source:
Bankrate.com Mortgage Trend Index (November 13, 2008)

If home prices are all about Supply and Demand curves, it looks like the national recovery is well-underway — the housing inventory is falling in most major markets. As reported by ZipRealty, the number of single-family homes for sale nationwide declined by 1.6 percent in October. What’s most…

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Source:
For Home Buyers, The Window To Negotiate With Sellers May Be Closing

When you’re looking for low rates on a 30-year fixed rate mortgage, the cheapest place to find it is usually the conforming mortgage market. Conforming mortgages are appropriately named; they “conform” to the mortgage underwriting guidelines of Fannie Mae or Freddie Mac. Mortgages that meet these…

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The rest is here:
The 2009 Conforming Loan Limits Show No Change From 2008, 2007 or 2006

When you’re looking for low rates on a 30-year fixed rate mortgage, the cheapest place to find it is usually the conforming mortgage market. Conforming mortgages are appropriately named; they “conform” to the mortgage underwriting guidelines of Fannie Mae or Freddie Mac. Mortgages that meet these…

Read the full post at http://www.themortgagereports.com

View post:
The 2009 Conforming Loan Limits Show No Change From 2008, 2007 or 2006

When you’re looking for low rates on a 30-year fixed rate mortgage, the cheapest place to find it is usually the conforming mortgage market. Conforming mortgages are appropriately named; they “conform” to the mortgage underwriting guidelines of Fannie Mae or Freddie Mac. Mortgages that meet these…

Read the full post at http://www.themortgagereports.com

Continued here:
The 2009 Conforming Loan Limits Show No Change From 2008, 2007 or 2006

When you’re looking for low rates on a 30-year fixed rate mortgage, the cheapest place to find it is usually the conforming mortgage market. Conforming mortgages are appropriately named; they “conform” to the mortgage underwriting guidelines of Fannie Mae or Freddie Mac. Mortgages that meet these…

Read the full post at http://www.themortgagereports.com

Continued here:
The 2009 Conforming Loan Limits Show No Change From 2008, 2007 or 2006

I am a regular participant in the Bankrate.com Mortgage Rate Trend survey and this week’s survey is now available. As a reminder, the Bankrate.com survey is for conforming mortgages only and does not apply to FHA, VA, or jumbo mortgages. You can email me anytime for a personal rate quote. Here are…

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Read the original:
Bankrate.com Mortgage Trend Index (November 6, 2008)

It’s November 5. Happy Birthday, Flux Capacitor.

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Excerpted from:
The Temporal Junction Point For The Entire Space-Time Continuum

How do you avoid paying super jumbo mortgage rates on a super jumbo-sized mortgage? You avoid taking your mortgage to a Wall Street lender, that’s how. It’s pretty simple when we break it down. The word “jumbo” is a Wall Street-specific term for home loans larger than $417,000. In certain…

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How To Avoid Paying Super Jumbo Mortgage Rates On A Super Jumbo-Sized Mortgage

How do you avoid paying jumbo mortgage rates on a jumbo-sized mortgage? You go off the beaten path to find a lender, that’s how. It’s pretty simple when we break it down. The word “jumbo” is a Wall Street-specific term for home loans larger than $417,000. In certain “high-cost” areas, the number…

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More here:
Going Off The Beaten Path To Find Low Mortgage Rates On “Jumbo” Mortgages

October 2008 was among the most volatile months in Wall Street’s history and mortgage markets got hit by the chaos badly. As investors moved cash in-and-out of stocks, bonds, and treasuries to keep ahead of financial turmoil, home buyers in Cincinnati, Chicago and elsewhere saw their mortgage rate…

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You Have 3 Hours, 11 Minutes To Shop For Your Mortgage Rate, Or Else You’ll Have To Start The Process Over Again

I am a regular participant in the Bankrate.com Mortgage Rate Trend survey and this week’s survey is now available. As a reminder: The survey is for conforming mortgages only. Send me an email for an actual rate quote. I send 140-character market updates on Twitter a few times daily. Anyway, on to…

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See the original post here:
Bankrate.com Mortgage Trend Index (October 30, 2008)