This week the FOMC meting is the report to watch. The policy statement Wednesday afternoon has many thinking the Fed will announce another QE move to keep rates from increasing. We…
Nick AlvinoApril 23, 2012
• FHA Streamlined Refi. If you have an FHA loan that was endorsed on or before May 31, 2009, (call to confirm) and you've made the last 12 months of payments…
Nick AlvinoApril 10, 2012
• HARP 2.0. The second phase of the government's Home Affordable Refinance Program is designed to cast a wider net, so more homeowners will be able to refinance. The major change:…
Nick AlvinoApril 10, 2012
Last week saw a very weak employment report that drove interest rates, mortgages and treasuries lower. Treasuries will auction $66 billion of notes and bonds beginning Tuesday. Thursday and Friday…
Nick AlvinoApril 9, 2012
FHA has a few changes coming down starting with Case Numbers assigned after 4/1/2012 Mortgage Insurance – UP Front MI is going to 1.75% (Old amount was 1.00%) Monthly MI…
Nick AlvinoApril 1, 2012
2012 is a great time to buy a home!! See what trusted investor Warren Buffet had to say in a recent interview on housing; “I would buy a home and…
Nick AlvinoApril 1, 2012