Archive | January, 2009

The 4.5% rate is here!

It’s elusive, but available to the patient amongst us. Twice in the last six weeks – once on December 17, and again yesterday – rates dipped down low enough to snag 4.5% with only a 1% origination fee. They only stayed there for a couple of hours each time before rapidly climbing back up again, [...]

Changes to FHA for 2009

Where would we be right now without the FHA tool in our bag? This is the most diverse loan product available on the market today, and fits a multitude of different borrower profiles from folks with significant credit challenges or even no credit at all to those with stellar credit but small savings accounts. Statistics [...]