It's Official: FHA Upfront Mortgage Insurance to Increase in April - Seattle's Rain City Real Estate Guide

It's Official: FHA Upfront Mortgage Insurance to Increase in April

aggregated from: Seattle's Rain City Real Estate Guide

Yesterday at The Mortgage Porter, I wrote about changes that HUD had confirmed via a press release for FHA insured loans. Seasoned mortgage professionals know that the HUD lady hasn t sang until a Mortgagee Letter is issued and this morning, HUD did just that with ML 2010-02.Effective on FHA insured loans with case numbers assigned April 5, 2010 or later, the upfront mortgage insurance premium will increase. Typically the FHA upfront mortgage insurance premium is financed, however it ca...

aggregated: 8 weeks 1 day ago | 7 views

topics: mortgage

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Home Buyer says dealing with the new Good Faith Estimate is “Close to Living Hell”

aggregated from: Seattle's Rain City Real Estate Guide

We ve heard plenty of rants from mortgage originators about the HUD s Good Faith Estimate. Because the new HUD required GFE is so new, most consumers and real estate agents have not had a chance to witness one first hand beyond sample on a webs...

aggregated: 9 weeks 6 days ago | 23 views

topics: housing, housing-market, mortgage, real-estate

Google Search Trends Suggest Real Estate Not Yet at Bottom

aggregated from: Seattle Bubble

A couple of readers alerted me to an interesting feature that has been added sometime recently to Google s financial tools, the Google Real Estate Index. Obviously like most of the statistics provided by Google, this index tracks searches. Here is ...

aggregated: 9 weeks 6 hours ago | 12 views

topics: mortgage, real-estate

Condo development updates

aggregated from: Seattle Condo Blog

200 West HighlandReceived word this past week that 200 West Highland received bank approval to begin closing. Currently, the upscale development has 5 homes under contract that it anticipates will close by the end of February.200 West Highland is si...

aggregated: 8 weeks 4 days ago | 14 views

topics: condo, development, downtown, mortgage

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