Resources
Deadline Ticking for EHLP’s Forgivable Bridge Loan
The deadline for HUD’s Emergency Home Loan Program for at-risk homeowners facing foreclosure is coming up this Friday.
FHA and Conforming Loan Limits Expected to Reduce
The FHA and conforming loan limits are expected to reduce by $61,500 effective October 1, 2011.
Historic Mortgage Interest Rates
Mortgage interest rates are at a year-to-date low, the lowest in 20 years. Plus, Wells Fargo offers a 3% down no mortgage insurance program.
Resale Certificate Fee Cap Increased
The fee cap for condo Resale Certificates in Washington State to increase 83%.
FHA Mortgage Insurance Premium Increases
FHA’s monthly mortgage insurance premium rate will increase as of April 18, 2011 by 0.25%, which could increase monthly mortgage payments by as much as $100.