More Affordability on The Way From Housing and Urban Developments press release on Wednesday February 23, 2023 The premium will be reduced from 0.85 percent to 0.55 percent for most homebuyers seeking an FHA-insured mortgage, which could mean an estimated…
With a weaker jobs report than expected and the end of the partial Federal Government shutdown, mortgage interest rates have fallen to the lowest level since June. Rates on 30-year fixed-rate mortgages averaged 4.13 percent with an average point of…
Where to start? On Friday, the 6th largest bank, IndyMac, was closed and taken over by the Fed. Interesting, sad, even. The new bank will be called Indy Mac Federal Bank and the Federal Deposit Insurance Corporation (FDIC) was named…
In an attempt to try and get a grip on what has happened in the mortgage mess I read a lot. Tonight there was a interesting article on MSNBC (see article here) about the part HUD, Housing and Urban Development,…
Heather Rankin Owner/Broker
Rankin Realty at Lake Powell, LLC
928-691-6444
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