Loan Products

Dec. 13, 2017

Market Watch: Fed Again Raises Rates

For the third time in 2017, the Federal Reserve has modestly increased interest rates, showing its continued confidence in the U.S. economy.  Lawrence Yun, Chief Economist for the National Association of REALTORS, is predicting the 30-year fixed mortgage rate will continue to rise next year to an average ...

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Jan. 9, 2017

Federal Housing Administraction (FHA) Reduces Annual Premiums

The U.S. Department of Housing and Urban Development (HUD) announced today that the Federal Housing Administration (FHA) will reduce the annual premium that most borrowers pay on FHA loans by 25 basis points, or 0.25%.  

Like Fannie Mae and Freddie Mac, FHA doesn't make loans, but ...

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