Homeowners may save thousands of dollars on their home mortgages! In January, the Federal Housing Administration (FHA) announced a policy change that could save homeowners thousands of dollars on their home mortgages. The annual personal … [Read more...] about How Will the Mortgage Insurance Reduction Affect You?
Archives for February 2015
Mortgage Rates Update 2/24/2015
Yellen ain’t Yelling… Quite the contrary, she commented today that nothing would lead the markets to believe there would be a June rate hike. MBS have responded nicely, but are bumping up against resistance, so you should see some gains this … [Read more...] about Mortgage Rates Update 2/24/2015
Vanilla, Spring and Win
Post by Sean Zalmanoff USA Mortgage. … [Read more...] about Vanilla, Spring and Win
Mortgage Rates Update 2/18/2015
I’m starting the day very cautiously floating; a lot of technical damage has been done in both the Mortgage Backed Security and Treasury markets. Several very key support levels have been blown through. We are sitting on the next level of support … [Read more...] about Mortgage Rates Update 2/18/2015
5 Ways to Use Your Retirement
The equity in your home can contribute significantly to boost your retirement savings and to improve your spending ability. There are five ways to tap into your home equity; however, each method has its own pros and cons. It is, therefore, … [Read more...] about 5 Ways to Use Your Retirement
Mortgage Rates Update 2/11/2015
A pivotal day - I’m showing a chart of the 10 year treasury instead of the Mortgage Backed Securities, MBS are what drive our rates, but they have a solid correlation to the treasuries, the 10 year in particular. All of the curved lines you see are … [Read more...] about Mortgage Rates Update 2/11/2015