http://fha-limits.com Thu, 05 Nov 2009 11:19:59 +0000 http://backend.userland.com/rss092 en By KIMBERLY MILLER Palm Beach Post Staff Writer Sunday, November 01, 2009 It's practically real estate lore, a time when housing contracts slid through the approval process like residents into a new gated community and real estate agents had little more to do than pick up the phone to settle a deal. Today's Realtors ... http://fha-limits.com/fha-mortgage/realtors-contribute-time-and-momey-to-make-deals/ FHA home loan rates for November 2nd, 2009 are higher. Current mortgage rates are up across the board with the conventional 30 year fixed mortgage rate up to 4.8% and the 15 year fixed up to 4.35%. The conventional 5/1 ARM is also up to 3.9%. FHA ... http://fha-limits.com/fha-mortgage/fha-home-loan-rates-nov-2/ Both the Senate and House voted yesterday to extend the current higher loan limits for Fannie Mae, Freddie Mac and FHA loans through December, 2010. The resolution was attached to a continuing resolution that passed late in the day and prevented the higher limits from expiring at the end of ... http://fha-limits.com/fha-mortgage/congress-extends-higher-fha-loan-limits-through-2010/ It may be a buyer's market for those looking to purchase a South Florida condominium, but a new FHA rule putting an end to "spot approvals" for home loans may burst the shopping bubble and make it much more difficult to qualify for a loan. By extension, the same rule may ... http://fha-limits.com/fha-mortgage/new-fha-rule-will-make-it-harder-to-obtain-a-condo-home-loan/ In the wake of the one-year anniversary of the collapse of investment banking firm Lehman Brothers, a flurry of reforms were announced Friday that would affect the mortgage and financial services industries. The Federal Housing Administration, which offers insurance against mortgage loan defaults, announced Friday that its capital reserve ratio is ... http://fha-limits.com/fha-mortgage/fha-enacts-finance-mortgage-reforms/ Las Vegas Realtor David Brownell is telling first-time homebuyers they need to be under contract within the next 30 days to take advantage of the $8,000 tax credit set to expire Dec. 1. The tax credit, authorized by the American Recovery and Reinvestment Act of 2009, is fully refundable for taxpayers ... http://fha-limits.com/fha-mortgage/first-time-homebuyers-hitting-market-before-tax-break-expires/ The Federal Housing Authority announced last week that its capital reserve ratio would drop below mandatory levels for the first time in its 75-year history. The news comes just weeks after the Obama Administration launched a program to assist FHA borrowers that are behind on payments, a program that ... http://fha-limits.com/fha-mortgage/fha-capital-reserve-ratio-to-drop-below-federal-mandate/ By KEVIN POST Business Editor, 609-272-7250 | Posted: Sunday, September 20, 2009 The housing slump has been characterized by falling home prices, rising foreclosures and a scarcity of buyers. But despite collapse of the market for mortgage-backed securities and the subsequent credit crisis, financing has remained available, thanks in large part ... http://fha-limits.com/fha-mortgage/fha-keeps-financing-afloat/ Modern home selling has gone way beyond the “for sale” sign on the front lawn. Nearly 90 percent of home buyers look online when shopping for a home, according to the National Association of Realtors. So your home-selling efforts need to cruise the Information Superhighway at top speed. “Despite a ... http://fha-limits.com/fha-mortgage/selling-your-home-online-tools-level-the-playing-field/ Homeownership and green improvements will be more affordable for more Americans in 2009, thanks to several provisions in the American Recovery and Reinvestment Act. The changes will put more money in taxpayers’ pockets and allow homeowners to save thousands of dollars over the next several years. The First-time Homebuyer Credit ... http://fha-limits.com/fha-mortgage/fha-loan-guidelines-tax-breaks/