major implications for borrowers regarding what is defined as a risky loan in the future.
The Massachusetts Mortgage Blog
News, Information and Insight into the Mortgage World By David Gaffin, Greenpark MortgageBrowsing Posts tagged FHA
Loan programs available from the United States Department of Agriculture (USDA) that could benefit borrower’s in many parts of Massachusetts and beyond. Known as the Guaranteed Rural Development Housing Section 502 Loans, these programs are designed for low to moderate income individuals or households purchasing a property in a “rural” community.
Are the Lowest Rates in History, History? Obama Administration Outlines GSE Reform Options
So, since Nov 3rd when the details of QEII were released, we have seen a very rapid rise in mortgage rates. On a national basis, the Freddie 30 year fixed rate has moved from 4.20% to 5.05% this week. The 10 year Treasury has risen above 3.70% and Inflation seems to be the word of [...]