Archive for the ‘FHA Mortgage Loans’ Category

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

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.) Read More

(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

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

Well it really isn’t the last day for case numbers, but after this weekend, any new case numbers for FHA loans will have a 2.25% Up Front Mortgage Insurance Premium instead of the current 1.75%. This is a substantial amount when talking about a $200,000 loan in Lane County, that is an additional $1,000 cost of getting the loan. Read More