Archive for the ‘ARM’ Category
Tuesday, June 3rd, 2008
In a previous blog, I talked about FHA's change to a credit-score based MIP (mortgage insurance premium). This is good news for folks who need the benefits that come with FHA loans (i.e. lower down payments and higher debt-to-income ratios) but who have exercised good sense when it comes to ...
Posted in ARM, FHA, Housing Options, Mortgage Costs, Mortgage Laws, RateWindow | 1 Comment »
Tuesday, April 29th, 2008
The housing crisis. The credit crunch. Unscrupulous lenders.
Between the media's daily recession report and the testimony on Capitol Hill lately, we're all waiting for the imminent collapse of our economy. Surely mortgage companies are waiting at our doors, waiting to grab the keys from our hands and toss us into ...
Posted in ARM, Foreclosure, Housing Options, Real Estate | 4 Comments »
Tuesday, January 29th, 2008
Did you take out a sub-prime adjustable rate mortgage, commonly referred to as an ARM, between the start of 2005 and July 30, 2007?
Is your sub-prime ARM set to adjust between January 1, 2008 and July 31, 2010?
Do you occupy the home that this sub-prime ARM is attached to?
Are you ...
Posted in ARM, Foreclosure, Housing Options | 1 Comment »
Thursday, October 25th, 2007
Many of you are fretting over the impending significant adjustment (reset) in your Adjustable Rate Mortgage (ARM). Or maybe you have already encountered your reset date and are now struggling to make your new payment. Maybe you are facing the very real possibility of losing your home or facing potential ...
Posted in ARM, Foreclosure, HUD, Housing Options | 1 Comment »