Will the new FHASecure Initiative save all the borrowers with subprime mortgages facing foreclosure? The crystal ball is a little murky on this issue. First, many of the subprime mortgages at issue have loan amounts far above the FHA mortgage limits. Legislation is under consideration that would raise those limits, but nothing is in place [...]
Archive for February, 2010
FHA Secure Refinance – An Answer To The Subprime Mortgage Mess?
Posted by admin on February 28th, 2010
Reverse Mortgages – A New Way to Buy a Second Home Too
Posted by admin on February 27th, 2010
Are you over 62 or do you know someone that is over 62 and wants to have a second home, fractional property or condo hotel to ski, golf, visit grandchildren, or just enjoy more time away from home? By using a Reverse Mortgage, you can achieve the best of both worlds by using the equity [...]
Home Equity Loan Advice: Why Home Equity Rates Are Higher Than 1st Mortgage Interest Rates
Posted by admin on February 27th, 2010
Mortgage refinancing can make good sense if you want to make improvements on the house, pay those college fees, or pay-down higher-interest loans. As property prices have gone up and up, homeowners often find they have more equity than they ever dreamed of when they first bought. Richard Syron, CEO and Chairman of the Federal [...]
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Tags: Apples And Oranges, Chief Economist, Countless Children, Equity Accounts, Federal Home Loan, Federal Home Loan Mortgage, Federal Home Loan Mortgage Corporation, First Mortgage, Freddie Mac, Home Equity Loan, Home Equity Loans, Home Equity Rates, Home Loan Mortgage, Home Loan Mortgage Corporation, Interest Loans, Loan Advice, Mortgage Interest Rates, Mortgage Packages, Mortgage Refinancing, Richard Syron 
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