Friday, March 26, 2010

Rural Housing Funds

What is National Mortgage News Online saying about Rural Housing funds
What is happening today in mortgage lending: Shirley Nault has been a mortgage professional for over 20 years. Visit her other mortgage web sites go to: www.naultfhatips.blogspot.com or www.dutips.blogspot.com

Utah Housing Rate annoucement

The following Utah Housing interest rate for 1st Mortgage is effective immediately through the next rate annoucment on Friday april 2, 2010 for all Mortgage Purcahse Agreement requsts recieved:
First Home and Equity Now not to exceed 5.09
Tip of the week: In spite of rumors to the contrary, Utah Housing is not running out of money and will have ample funds to assit Utahns with the purcahse of their homes through out not only this year , but in the coming years as well
What is happening today in mortgage lending: Shirley Nault has been a mortgage professional for over 20 years. Visit her other mortgage web sites go to: www.naultfhatips.blogspot.com or www.dutips.blogspot.com

Friday, March 19, 2010

FHA Says Higher Down Payments Risks Double-Dip Price Decline

To read this aricle in full go here
What is happening today in mortgage lending: Shirley Nault has been a mortgage professional for over 20 years. Visit her other mortgage web sites go to: www.naultfhatips.blogspot.com or www.dutips.blogspot.com

Friday, March 12, 2010

Q&A for FHA Condo Guidelines

Just posted an entry on the FHA blog. Click FHA Menu for details
What is happening today in mortgage lending: Shirley Nault has been a mortgage professional for over 20 years. Visit her other mortgage web sites go to: www.naultfhatips.blogspot.com or www.dutips.blogspot.com

Thursday, March 4, 2010

FHA Changes UFMIP

Don’t forget April 5th all case numbers order on or after this date the new upfront mip will be 2.25 for purchases and refinances this is for stream line loans also. The monthly mi will be .55 for loans with a LTV greater than 95%. You can view the mortgage letter.

What is happening today in mortgage lending: Shirley Nault has been a mortgage professional for over 20 years. Visit her other mortgage web sites go to: www.naultfhatips.blogspot.com or www.dutips.blogspot.com