Information on Home Mortgages including FHA, Conventional, C/D and DVA home loans.
This category currently has 21 blog entries.
Reverse Mortgage What exactly is a "Reverse Mortgage" By Derrick Monroe - The Derrick Monroe Group 10/1/2008 A "reverse" mortgage is a loan against your home that you do not have to pay back for as long as you live there. Wit...
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FHA Mortgage Derrick Monroe 10/1/2008 What does FHA stand for anyway? The Federal Housing Administration is an agency of the federal government. The FHA insures private loans issued for new and existing housing, and for approved programs for home ...
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September 10, 2008 Conventional Fixed Rate ...
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Over the weekend, the government announced that Fannie Mae and Freddie Mac were placed in conservatorship. This means that the two companies will temporarily be run by their regulator, the Federal Housing Finance Agency. The Fannie and Freddie Boards...
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August 26, 2008 Looking to buy or sell real estate? Give us a call at 612-282-7653 we can help in all Minneapolis and suburb areas to the West, South, East and North. ...
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August 25, 2008 Conventional Fixed Rate ...
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When you take out a mortgage loan, you are charged interest on every cent that you borrow. The amount you will pay in interest is determined by the loan's interest rate. There are many different factors that affect this rate, including your cred...
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Mortgage Market Update For Week Ending 7/18/08 Last week, the stock market declined and mortgage rates fell, as investors worried about Fannie Mae and Freddie Mac and oil prices reached record highs. In a pivotal reversal, the opposite took place th...
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