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Everyone has heard that statement before, but how many of you have seen my picture. Not a picture of me, but a picture that hopefully will amaze you in a way that you will finally make the move to a shorter term mortgage. Enough said; take a look and see for yourself.

Now that you see it ...

AS LOW AS IT HAS EVER BEEN

On February 1, 2012, The FHA set out a rate of 2.75% on a 15  year conforming rate without points.

The loan will not change for 15 years when it will be paid off.  The  cost of the loan includes the following:

1% fee for the MIP (Government profit), standard closing costs and  mortgage insurance if your loan to value  is >75%.  If you move the rate up an 1/8 or two the MIP will be  ...

At last the government is looking to take care of the rest of the people who do not have Fannie Mae or Freddie Mac loans and are under water. This is an attempt to try and solve the housing problem.

Obama proposes home loan refinancing plan

I know you have heard the old saying “if you do something you love, you will never work a day in your life”. If you have the opportunity to see this in action, as I did this weekend, you will never doubt the veracity of the statement. My wife and I were fortunate enough to be invited to see Celine Dione perform in Las Vegas and it was amazing. To see and hear one of the best singers ...

Whether you are a betting person or not, 5 to 1 is something most people would like to have.  You can!  Take an FHA or VA loan and that’s what you have: five great reasons and one that isn’t so great.

The five on the plus side are the rates, the ratios, the down payments, the streamline refinances and the assumable loan at sale.  Unfortunately, mortgage insurance is required.

The best rates currently available are those offered by the FHA and the ...