Lock Your Mortgage Rate : New Loan Fees Expected Within Days

January 10, 2012 By Doug Lindstrom Leave a Comment

Starting soon, nearly all home buyers and refinancing households nationwide will pay higher mortgage loan fees. Congress has made it law.

Filed Under: Blog, Closing Costs, Interest Rates, Loan Programs, Rates & Lending Tagged With: Congress, FICA, Payroll Tax

Should I Refinance My Home?

October 11, 2011 By Doug Lindstrom Leave a Comment

With mortgage rates at all-time lows, you may be asking “Is now a good time to refinance?”. This short interview from NBC’s The Today Show offers good insight.

Filed Under: Blog, Closing Costs, Interest Rates, Loan Programs, Rates & Lending Tagged With: Closing Costs, Refinance, The Today Show

Get Your Applications In : FHA Mortgage Insurance Premiums Rising 0.25 Percent April 18, 2011

April 13, 2011 By Doug Lindstrom Leave a Comment

Beginning with FHA Case Numbers assigned April 18, 2011, mortgage insurance premiums will be higher by 25 basis points per year, or 0.25%.

Filed Under: Blog, Closing Costs, Interest Rates, Loan Programs, Rates & Lending Tagged With: FHA, MIP, Mortgage Insurance Premium

Loan Fees Set To Rise For Conforming Mortgage Applicants

March 10, 2011 By Doug Lindstrom Leave a Comment

Beginning April 1, 2011, Fannie Mae is increasing its loan-level pricing adjustments. Conforming mortgage applicants should plan for higher loan costs in the months ahead.