Monthly Archives: February 2012

My Thoughts for the Week of Feb 27, 2012

A nice start to the week with the 10 yr note yield opening down from last week, currently at 1.93%. Mortgage pricing will start off better as well. Stock indexes are starting weaker after the Dow was unable to stay … Continue reading

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How does NO MIP on an FHA Purchase/Refi sound?

While this program may not work for everyone, there are buyers out there who should be taking advantage of this. Here’s the deal: Purchase transactions on FHA 15 year loans where the borrower can put 10% down will have no … Continue reading

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FHA to Raise Premiums–Especially For Jumbos

If you’re thinking about applying for a FHA loan or a Streamline Refi, now’s the time to start and get your new FHA case number pulled before the MIP is raised again. The Federal Housing Administration will “soon” increase its … Continue reading

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Weekly Update for Feb 21, 2012

Greece continues to be the subject of attention. Late last night it was announced that they would receive their bailout to avoid default next month. Markets didn’t seem to care too much about the info. It just goes to show … Continue reading

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Careful not to misinterpret the Fed’s Announcements

A few weeks back the Fed announced they plan on keeping short term interest rates low thru the end of 2014. Be careful not to misinterpret this statement! The other day a friend of mine who has been enjoying his … Continue reading

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My Thoughts for the Week of Feb 13, 2012:

Greece continues to throw shock waves throughout the world financial markets. Greece announced last Thursday that they had secured another round of funding from the EU to avoid default which sent our 10yr T Bill up almost 10 basis points … Continue reading

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President Reveals New Refi Program Details

President Barack Obama proposed a plan aimed at helping millions of homeowners refinance their mortgages to today’s historically-low rates. To pay for it though, he’ll need $5 billion to $10 billion. The plan would allow borrowers who are current on … Continue reading

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New Online Loan Application Form

You can now apply online using our secure online loan application form at Greenfront.co Create an online user account to follow the status of your loan application!

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