Real Estate Round Up

Real Estate Round Up

  • Jen Angotti
  • March 12, 2012
Federal Housing Administration (FHA)
 
Big FHA news in the last couple of weeks: FHA insurance premiums are going up on April 1st, Obama is reducing refinancing costs on FHA loans, FHA reviewing recent condo restrictions and the federal gov is considering limiting seller subsidies for FHA loans. (Urban Turf, Housing Wire, The Washington Post).
 
Chart of 30-year fixed mortgage rates, declining from around 6% in 2006 to under 4% in 2012.
 
Mortgage rates continue to hover at near-record lows. (Wall Street Journal)
 
Fannie Mae
 
Fannie and Freddie's have a proposed plan to exit the mortgage market.   (The Washington Post)
 
Mortgage rate chart comparing fixed and adjustable rates over time, with a table of current regional rates.
 
Why it's important to pay your mortgage on time and what happens when you don't. (The New York Times).
 
 
Photos and graphs top to bottom: FHA Website, Wall Street Journal, Washington Post, NY Times
 
 

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Jen Angotti excels at helping buyers and sellers achieve their real estate dreams. She offers concise, realistic advice on how to navigate any real estate transaction. Her clients appreciate her attention to detail, willingness to answer questions and patience.

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