FHA mortgage insurance cut spurs surge in refinancing – The number of people refinancing their FHA mortgage to take advantage of the rate cut up 74 percent, The average arizona homeowner with an FHA mortgage can save about $900 a year with the rate cut In.
Trump already suspends Obama-era FHA mortgage insurance cut. – Contentious cut would have saved average borrower about $500 per year and cushioned the market against rising rates. In 2013, FHA required a bailout of $1.7 billion when its reserves fell short. Read: After mortgage-rate spike, FHA to cut insurance premium Congressional Republicans had largely opposed the cut.
What Will Donald Trump’s (Revised) Tax Plan Mean to You. – Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium.
Western Asset Mortgage Capital Cuts Dividend, But The Worst Isn’t Over. Bears Party On – In a recent guide, I demonstrated how any mREIT can easily enhance core eps through structuring of interest rate swap agreements. If Western Asset Mortgage. a premium to the company. Despite our.
A List of Recent Mortgage Closures, Mergers and Layoffs. – Paid off mortgage in 2004 – Washtenaw Mort. Co. never reconveyed the title or released the lien – it is showing on title = am in the process of selling – but Washtenaw went out of business in 2005 – no phone #’s or emails are any good.
Mortgage Rates: Headline News Dependent – Just last Tuesday rate. cuts would lead market participants to believe the Greeks are not serious about making long-term concessions to pay back their debt. This would be seen as a negative.
FHA to Cut Fees, Lowering Rates for First-Time Home Buyers – The obama administration cut mortgage-insurance premiums charged under a government program that’s popular with first-time home buyers with little money for a down payment, a move that may ease.
Reverse Mortgage Information – Sun West Mortgage Company. – Unlike a traditional mortgage that you pay back each month, a reverse mortgage makes payments to you. You can get these payments in a lump sum to cover an unexpected bill, or as a regular supplement to your monthly income, or at intervals and amounts that are best for you.
FHA mortgage insurance premium cuts cancelled by President. – What the HUD’s suspending the FHA mortgage insurance premium cuts means for you Castro said the cut, of a quarter of a percentage point, was necessary to offset rising mortgage rates.
Banks cutting variable rate mortgages even as fixed ones. – A number of Canadian lenders have slashed their variable mortgage rates in recent days, even as some of those same lenders are raising their fixed-rate mortgages. hsbc canada cut its five-year.