This isn’t a new story, but more of a reminder. The FHA is discontinuing its 95% cash-out refinance program effective April 1, 2009. For all case assigmements made on or after April 1, 2009, cash-out refinances are limited to 85%. “Case assignment” is FHA-speak for “registered loans”. It’s a move…

Read the full post at http://www.themortgagereports.com

Summer months bring with them a few constants — catchy songs, Will Smith movies, and rising gas prices. This last item, at least, can be shown in a chart. See above. With oil prices racing higher, it won’t be long before gas prices do the same. And more than any…

Read the full post at http://www.themortgagereports.com

Summer months bring with them a few constants — catchy songs, Will Smith movies, and rising gas prices. This last item, at least, can be shown in a chart. See above. With oil prices racing higher, it won’t be long before gas prices do the same. And more than any…

Read the full post at http://www.themortgagereports.com

Summer months bring with them a few constants — catchy songs, Will Smith movies, and rising gas prices. This last item, at least, can be shown in a chart. See above. With oil prices racing higher, it won’t be long before gas prices do the same. And more than any…

Read the full post at http://www.themortgagereports.com

I am a regular participant in the Bankrate.com Mortgage Rate Trend survey and this week’s survey is now available. The Bankrate.com survey is for conforming mortgages. It does not apply to FHA mortgages, VA mortgages, jumbo mortgages, or foreign national mortgages. For rate quotes, email me…

Read the full post at http://www.themortgagereports.com

This is a copy of the Wall Street Journal’s always-excellent, post-FOMC meeting Parsing the Fed feature. Here’s what you need to know in two, simple-to-understand bullet points: Mortgage rates fell post-meeting because the Fed stepped up its mortgage market support Mortgage rates will eventually…

Read the full post at http://www.themortgagereports.com

This is a copy of the Wall Street Journal’s always-excellent, post-FOMC meeting Parsing the Fed feature. Here’s what you need to know in two, simple-to-understand bullet points: Mortgage rates fell post-meeting because the Fed stepped up its mortgage market support Mortgage rates will eventually…

Read the full post at http://www.themortgagereports.com

This is a copy of the Wall Street Journal’s always-excellent, post-FOMC meeting Parsing the Fed feature. Here’s what you need to know in two, simple-to-understand bullet points: Mortgage rates fell post-meeting because the Fed stepped up its mortgage market support Mortgage rates will eventually…

Read the full post at http://www.themortgagereports.com

This is a copy of the Wall Street Journal’s always-excellent, post-FOMC meeting Parsing the Fed feature. Here’s what you need to know in two, simple-to-understand bullet points: Mortgage rates fell post-meeting because the Fed stepped up its mortgage market support Mortgage rates will eventually…

Read the full post at http://www.themortgagereports.com

This is a copy of the Wall Street Journal’s always-excellent, post-FOMC meeting Parsing the Fed feature. Here’s what you need to know in two, simple-to-understand bullet points: Mortgage rates fell post-meeting because the Fed stepped up its mortgage market support Mortgage rates will eventually…

Read the full post at http://www.themortgagereports.com