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Revamped HARP : Unlimited Loan-to-Value And Same Great Rates

The government’s new, revamped HARP program is 6 weeks from release. Homeowners are gearing up to refinance. . . . → Read More: Revamped HARP : Unlimited Loan-to-Value And Same Great Rates

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Banks Start To Loosen Up In Underwriting

After a half-decade of tightening mortgage guidelines, banks are starting to “loosen up”. . . . → Read More: Banks Start To Loosen Up In Underwriting

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Conforming Loan Limits Unchanged For 2012

In 2012, for the 7th straight year, the national, single-family conforming mortgage loan limit will remain at $417,000. . . . → Read More: Conforming Loan Limits Unchanged For 2012

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Maximum FHA Loan Limits Restored To $729,750

As signed into law last Friday, maximum FHA loan limits are — once again — as high as $729,750. . . . → Read More: Maximum FHA Loan Limits Restored To $729,750

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Government Releases Additional HARP Guidance For Underwater Homeowners

Tuesday, Fannie Mae and Freddie Mac unveiled lender instructions for the government’s revamped HARP program. . . . → Read More: Government Releases Additional HARP Guidance For Underwater Homeowners

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Banks Resume Tightening Mortgage Guidelines

After a 2-year easing cycle, the nation’s biggest bank banks report that they’ve reversed course, and are raising the bar on mortgage approvals. . . . → Read More: Banks Resume Tightening Mortgage Guidelines

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The Government’s Revamped HARP Program For Underwater Homeowners

The Federal Home Finance Agency announced big changes to its Home Affordable Refinance Program Monday. More commonly called HARP, the Home Affordable Refinance Program is meant to give “underwater homeowners” opportunity to refinance. . . . → Read More: The Government’s Revamped HARP Program For Underwater Homeowners

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Conforming Loan Limits Drop In High-Cost Areas

For homeowners in high-cost areas nationwide, conforming and FHA loan limits have dropped by as much as 14 percent. . . . → Read More: Conforming Loan Limits Drop In High-Cost Areas

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After A Pause, Mortgage Guidelines Resume Tightening

Mortgage guidelines appear to be tightening with the nation’s largest banks. . . . → Read More: After A Pause, Mortgage Guidelines Resume Tightening

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Is An FHA Mortgage Better Than A Conforming One?

The FHA is insuring a greater percentage of loans than during any time in recent history. In 2006, it insured roughly 5 percent of the purchase mortgage market. Today, it insures one-quarter. “Going FHA” is more common than ever before — but is it better? . . . → Read More: Is An FHA Mortgage Better Than A Conforming One?

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