Posted on December 9th, 2011 by Carlo Capomazza
Help with a down payment With most lenders requiring borrowers to put down at least 20 percent as a down payment – unless using an FHA or VA loan, or purchasing mortgage insurance – the best holiday gift some people might receive would be help with a down payment on a house.
Filed under: Buying, Commentary, Finance, IRS, Money-Saving, Tax Issues, VRN | No Comments »
Posted on May 24th, 2011 by Peter Miller
Despite continuing low mortgage rates, one prominent Detroit bankruptcy attorney says ARMs remain a looming danger and should be avoided.
Filed under: Finance, Loan modification, Money-Saving, Mortgage, News, Real Estate Market, Refinance, VRN | No Comments »
Posted on April 8th, 2011 by Carlo Capomazza
A rebound in mortgage rates from last year’s near-record low has reduced consumer demand for home loans and refinancings, leading Wells Fargo & Co. to join other industry stalwarts in laying off loan processors and related workers.
Filed under: Buying, Commentary, Current Events, Current Mortgage Rates, Economy, Finance, L.A. Times, Loan modification, Mortgage, Mortgage Rates, Real Estate Market, Refinance | No Comments »
Posted on February 16th, 2011 by Carlo Capomazza
“The Obama administration proposes to reduce the “footprint” of Fannie Mae and Freddie Mac by reducing the ceiling on loans that the two government-controlled lenders can guarantee as of October 1, 2011. Current federal law allows the two agencies to guarantee mortgages up to $729,750 in some high-home price areas. The administration recommends that Congress [...]
Filed under: Buying, Current Events, Economy, Fannie Mae, Finance, Loan modification, Mortgage, Mortgage Rates, Real Estate Market, Realtor, Refinance, VRN | No Comments »
Posted on August 6th, 2010 by Carlo Capomazza
Ready to buy? Then here’s what documentation you need to prepare so a mortgage banker can let you know exactly what loan amount and purchase price you can qualify for…
Filed under: Buying, Finance, IRS, Making Home Affordable, Money-Saving, Mortgage, Mortgage Rates, Real Estate Market, VRN | No Comments »
Posted on August 2nd, 2010 by Carlo Capomazza
The risk of big losses also will discourage excessive borrowing. “Successful investment strategies in a New Normal world will generally be less levered than during the Great Moderation — roughly 1987-2007,” he wrote.
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Posted on July 20th, 2010 by Carlo Capomazza
Posted on June 28th, 2010 by Carlo Capomazza
Get the latest appraisal news and analysis.
Appraisal Foundation, Appraisal Institute In Dispute
House Offer Includes Sunset of HVCC
Filed under: Finance, Home Improvement, Real Estate Market, Selling, Tax Issues, VRN | Comments Off