Posts
Archive for October, 2009
FHA Insured Loans Remain User Friendly
October 20th, 2009 | 
Author: FHA loans continue to be the loan of choice for anyone purchasing a home with less than 20 per cent down. Many of the mortgage insurance options previously available for home buyers no longer exist. One of the reasons this is happening has to do with the continued losses encountered by the private mortgage insurance (PMI) companies. This article in Housing Wire shows what has happened to MGIC, one of the larger PMI companies. Read More
What Fate Awaits the First Time Home Buyer Tax Credit?
The First Time Home Buyer Tax Credit is currently due to expire at midnight on November 30, 2009. Reports of Congress debating the merits of extending the tax credit until some time next year or expanding it to include more than just first time buyers, so far are just reports and bills in committee. In the Eugene/Springfield area, mortgage interest rates have been hovering near the low points. Combined with lower home prices, this could be the perfect time to buy. Read More
Posted in $8000 tax credit, Eugene/Springfield, FHA Mortgage Loans, First Time Home Buyer, Government Loans, Mortgage Loans | 
Tags: $1000000 Challenge, $1000000 Stimulus, $1000000 Stimulus Challenge, $8000 tax credit, Alpine Mortgage, Eugene First Time Home Buyer, Lane County First Time Home Buyer, Million Dollar Challenge, Million Dollar Stimulus, Million Dollar Stimulus Challenge, Springfield First Time Home Buyer | 
1 Comment »
