Archive for the 'Mortgage' Category

The Top 10 Reasons More Mortgage Companies Will Go Bankrupt When The FHA Changes Its Guidelines October 2008

Tuesday, August 19th, 2008

1. Since 2006 some 270 major lending institutions have failed and gone bankrupt. This does not include the other hundreds or thousands of other people who got their mortgage brokersĀ license hoping to make a quick buck only to fail when the housing bubble burst. What is really crazy to think is how many people lost [...]

The Top 10 Reasons You Better Buy A House With Your FHA Loan By October 2008

Thursday, August 7th, 2008

1. If you are thinking about buying a home soon you better be putting offers in very fast. On October 1, 2008 there will be new guidelines coming in to play that are administered by the Housing and Economic Recovery Act of 2008. This new housing billĀ is going to put a major squeeze on people [...]

The Top 10 Reasons You Do Not Have To Wait To Refinance Your Mortgage After Buying A Home

Wednesday, August 6th, 2008

1. First off there should only be one or two reasons why you would even want to refinance a home after closing on a home. The only time it makes sense to refinance in such a short time period after closing would be to take cash out of the home. Good luck doing it though. [...]