The market gyrations following the United Kingdom’s vote to leave the European Union have an upside for mortgage lenders, as already-falling interest rates are expected to boost home purchases and refinancing.
Veterans Affairs (VA)
By Brian Collins May 25, 2016 The head of the Federal Housing Administration has informed lenders that loans receiving down payment assistance can continue to benefit from government insurance, despite past questions over the legality of certain assistance programs. Ed Golding, HUD’s principal deputy assistant secretary for FHA, wrote in a recent letter to […]
New-home construction rose in April, extending a pattern of gains and losses that signals the homebuilding industry is contributing little to economic growth.
Mortgage applications for new home purchases slipped 11% in April from the month before, according to the Mortgage Bankers Association’s Builder Application Survey. The decline can be attributed to a surge in applications for new homes in February and March, said Lynn Fisher, MBA vice president of research and economics, in a news release Friday. […]
Caris and Jon Li were doubtful when they first heard about the home buyer assistance program NeighborhoodLIFT. “It seemed too good to be true,” Caris Li said. But after receiving $15,000 in 2012 to help pay for their duplex in St. Paul’s Hamline-Midway neighborhood, the couple is encouraging others to give it a try. On […]
Consumer confidence in the housing market rebounded in April from an 18-month low the month prior, Fannie Mae reported Monday.
The car insurance space is a hugely competitive one and this is extremely good news for everybody concerned because as a customer
Growing national lender certifies over 250 employees in first six weeks of program. Will offer VA training to real estate and financial professionals nationwide
Manufactured homes have come a long way from their “trailer” and “mobile home” past. Today’s manufactured homes are designed to meet safety and quality standards, and many are indistinguishable from traditional site built homes. These improvements have led to the availability of mortgages, and today service members and veterans can get special VA loans for manufactured homes.
You can’t tell a vet just by looking..