Archive for the ‘FHA Mortgage Loans’ Category
HUD offers help to “certain” underwater home owners
I don’t know if this is a good deal or not, I am often not certain about the usefulness of government programs until I see them in action, but assuming that it is good, HUD has a new program coming out that will assist underwater NON-FHA home owners. This means negative equity position is the first requirement for the program. Read More
Eugene/Springfield FHA mortgage insurance rates going up
The Senate late Wednesday passed a bill that gives the Federal Housing Administration the ability to adjust its insurance premium structure. This was sold as a way to help rebuild FHA’s depleted capital reserves and could make a huge difference in mortgage payment for FHA buyers in Eugene/Springfield. Read More
House OKs FHA request to raise mortgage insurance rate
When the housing market bubble burst, FHA became the go-to loan for Eugene/Springfield buyers that didn’t have high credit scores and large down payments. Even Oregon buyers with good credit scores could get a low down payment mortgage insured by FHA cheaper than they could get a similar loan with PMI (private mortgage insurance.)
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The History of FHA – Time line and achievements
(Editor’s Note: The following article is by Samantha Taylor, a Community Mentor with experience writing about the mortgage industry. Today, she covers the start and growth of FHA and FHA loans.) Read More
FHA Yearly Mortgage Insurance Could Skyrocket
One of the commentaries that I follow is Think Big, Work Small. This commentary is a video blog by a couple of “over the top” real estate and mortgage video bloggers. They have some really great insight on what is happening that will effect us in the Eugene/Springfield Real Estate Mortgage Market. Read More





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