By Brian Murphy, Senior Loan Officer, MVB Mortgage For generations the accepted norm to purchase a home, you must have a 20% down payment. This remained true throughout the 20th century as […]
By Scott Silverstein, Caliber Home Loans The homebuying process can be an overwhelming task: figuring out where to live, choosing a realtor to represent you, finding a lender, determining your budget, and, […]
Finally some improvement on FHA monthly mortgage insurance premiums for home buyers. Mortgage insurance fees will drop to .85 percent toward the end of January, according to The White House. The reduction […]
Just a small jump in mortgage interest rates will affect your purchasing power when buying a home. Which means waiting to save up more for a down payment could cost you more […]
I’ve been saying it for a while … the FHA has been planning to increase their premiums on home buyers, and now it’s happening. It will now cost buyers using FHA financing […]
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