Rhonda Porter on 06 9, 2009 | 10 Comments
Fannie Mae issued Announcement 09-19 amending some very basic underwriting guidelines that will not only impact conventional financing; it will apply to FHA insured loans that are underwriting using F
Read MoreRhonda Porter on 05 22, 2009 | 2 Comments
The video was recorded this morning...we didn't see as many rate sheets as we did yesterday. Rates over all have been fairly steady...in fact, Aubrey Cohen of the Seattle P-I wonders if mortgag
Read MoreRhonda Porter on 05 15, 2009 | No Comments
Mortgage rates remain fairly steady this past week with the Government continuing to artifically keep rates low by purchasing $27 billion in mortgage backed securities (MBS) from May 7 to May 13 foc
Read MoreRhonda Porter on 05 8, 2009 | 1 Comment
I've added two programs to "Friday's Rates": FHA's 203(k) Rehab loan and USDA's program. The 203(k) loan allows financing of certain repairs into the purchase price of the new home. USDA provi
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