Monthly Archives: March 2012

Recent Market Notes:      Jobless Claims fell to the lowest level since February 2008      Building Permits climbed to the highest level since October 2008      The NAHB Housing Market Confidence index was at the highest level … Continue reading →

Another Indication – 3/13/2012 The Housing Affordability Index was developed over thirty years ago to help consumers determine when it is a good time to buy a home. It’s considered advantageous to the buyer when the index is over 100 because a … Continue reading →

What You Need to Know about Cancellation of Mortgage Debt Posted By susanne On March 11, 2012 @ 1:07 pm In Consumer News and Advice,Home Owner News,Real Estate Information,Today’s Top Story,Today’s Top Story – Consumer | No Comments  [1]This column is brought to you by … Continue reading →

NOTE: The announcement below may seem very confusing following last week’s blog post concerning FHA’s decision to rise some of these very same rates. The new guidelines announced here apply only to qualifying refinance applications. The changes mentioned previously are still in effect for … Continue reading →

Another reason to buy sooner than later …   If you’re a regular reader, you know that I disagree with the market cheer leaders that have for the past four years have pointed to this (what ever the current year … Continue reading →

FHA Costs on the Rise… The Federal Housing Administration (FHA) unveiled a plan on Monday, February 27, 2012, to increase the cost of FHA new purchase financing by raising what borrowers pay for FHA mortgage insurance. What Will This Mean … Continue reading →