Single-family housing starts plummeted to a one-year low in May, just 30 days after soaring to a 20-month high. It’s no wonder home builders are confused.
Archive | June, 2010
Loan Application Alert : Conforming, Interest Only Mortgages Guidelines Change Next Week
June 16, 2010
If you plan to finance your home with a conforming interest only mortgage, get your loan application submitted no later than this Friday, June 18. Starting next week, Fannie Mae is clamping down on the popular loan product.
Shopping And Paying Bills Online? Here’s Methods To Protect Your Online Financial Identity
June 15, 2010
In May 2010, Retail Sales at non-store retailers — a category that includes Amazon and eBay — topped $29 billion, up 16 percent from May 2009. Clearly, Americans are doing an increasing amount of shopping online. But how well are we protecting our identities?
Change Your Air Filters Monthly (But Don’t Go Cheap)
June 14, 2010
Not all air filters are created alike. Don’t go cheap.
FHA Mortgage Insurance Premiums Approved To Triple In Cost
June 11, 2010
In a near-unanimous vote, the House of Representatives gave the FHA power to raise the monthly mortgage insurance premiums it charges to its borrowers.
Bank Reposessions Reach Record Levels For The Second Straight Month
June 10, 2010
According to foreclosure-tracking firm RealtyTrac.com, bank repossessions reached record levels for the second straight month in May, topping 93,000 properties nationwide. All 50 states are up, year-over-year.
Conforming Loan Costs Are Rising, Says Freddie Mac
June 9, 2010
Mortgage rates may be dropping, but mortgage costs are not. According to Freddie Mac, the average required discount points on a conforming mortgage rate are higher by 0.1 percent since early-May.
Fannie Mae’s Loan Quality Initiative : Repulling Your Credit Just Before Closing
June 8, 2010
A new loan quality initiative from Fannie Mae is making it harder for home buyers and refinancing homeowners everywhere to close on a mortgage.
Fannie Mae’s Loan Quality Initiative : Repulling Your Credit Just Before Closing
June 8, 2010
A new loan quality initiative from Fannie Mae is making it harder for home buyers and refinancing homeowners everywhere to close on a mortgage.
How To Mount And Install Carbon Monoxide Detectors In Your Home
June 7, 2010
Whether you own a home or rent one, equip your residence with working carbon monoxide detectors and test them regularly. In this 2-minute video, you’ll learn how to get started.


June 17, 2010
0 Comments