FHA Announcement: Raising Annual Mortgage Insurance Premiums Are you still in need of one more reason to kickstart the process of buying a home? You could possibly end up saving money if you choose to do so before April 2011. The Federal Housing Administration (FHA) announced this week that it will be raising its annual …
Tag: Increase
Jan 11
Credit Suisse Reports December Traffic: “Charlotte Buyers Lack Urgency”
According to a report released by Credit Suisse on January 6, 2011 demand in the Charlotte home market remains weak as buyers fear further price declines. Charlotte, NC is the 13th largest market in the country. The following are quotes directly from the December 2010 report for the Charlotte, NC real estate market: “Buyer traffic …
Dec 15
Interest Rate RoundUp, Mortgage Rates on the Rise
The election is over and so is the need to keep interest rates artificially low. If we absorb the pain now, we’ll be less likely to remember it during the 2012 election. Don’t wait! Rates are rising! Interest Rate Roundup for Dec. 2, 2010 from Bankrate.com Mortgages 4.71% (30-year fixed) 0.36 (average points) Here’s a …
