Conforming Loan Limit Extension
The House Appropriations Committee approved a bill that would extend the temporary conforming loan limits in high-cost housing markets through the end of September 2010. In February of this year, as part of the American Recovery and Reinvestment Act, the maximum amount for conforming loan limits for mortgages originated in 2009 were extended through the end of this year. This new bill would...
July 21st, 2009
Loan-Mod Companies Under Fire- Be Careful!
When the unemployment rate is near 10%, it’s really not hard to see why people may have a hard time paying their mortgage on time. What do you do if YOU are one of those people? Where do you turn? Who do you call? The point of this brief article is to direct you to a LEGITIMATE source that may be able to help you if currently in a financial bind. First and foremost, do NOT pay attention to...
July 21st, 2009
Do You Qualify for the $8000 Buyer Tax Credit?
The government’s $8,000 first-time home buyer tax credit has been a source of some confusion by those who might be eligible, but aren’t quite sure if they fully meet the criteria. Now you can take a simple, 5-question quiz to find out if you qualify: Do You Qualify for the $8,000 First-Time Home Buyer Tax Credit? The great thing about this new quiz is that it was developed as a widget...
July 20th, 2009
