Blog Archives

loan limit decrease UPDATE

Posted on September 8, 2011 by John King — No Comments ↓

Are loan limits going to decrease on October 1, or has it already happened??? As announced previously, FHA and Conventional loan limits will be decreasing as of October 1. Those changes were interpreted by the mortgage origination market as…

FHA lending limits

Posted on September 8, 2011 by John King — No Comments ↓

FHA limits were subject to the same “temporary” increases that impacted conventional loans, but the floor on FHA loans is much lower than the floor on conventional loans. Therefore with the removal of the temporary loan limits, FHA loan limits…

Posted in Loan Guidelines, The Homebuying process, The Refinancing process

August 8 Market update

Posted on August 8, 2011 by John King — No Comments ↓

What is happening in the market today, and how does it impact mortgages? On Friday S&P downgraded US Government debt Treasuries have typically been considered the most stable investment The downgrade means that treasuries are not as secure as…

Posted in The Homebuying process, The Refinancing process, Uncategorized

Should I refinance?

Posted on June 5, 2011 by John King — No Comments ↓

The question of should you refinance is a tough one as there are both short and long-term financial implications of refinancing. Sometimes the decision to refinance is clearly a good idea when viewed thru both of these lenses… and sometimes it…

Tagged with: cash out, cash out refinance, debt consolidation, rate and term reductions, rate reduction, refinance, refinancing, term reduction
Posted in The Refinancing process