Posts Tagged ‘United States’

Mortgage Video FAQ – Is An Attorney Necessary To Close My Mortgage?

Watch this video:

 

http://www.YaleRoth.com In this brief video, Yale Roth answers the top Mortgage FAQ, “Do I need an attorney to close on my loan”?

The video is very informative.

Yale Roth is a FHA Mortgage Specialist and provides mortgages for homeowners throughout the United States. 

Call Yale at 561-350-7684 with any mortgage-related problems or visit his rate page at http://www.YaleHomeLoan.com

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Mortgage Video FAQ – Does It Make Sense To Do A Debt Consolidation Loan?

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www.YaleRoth.com In this video post Yale Roth answers the question: Does it make sense to do a debt consolidation loan?  The video is very informative and lasts about 3 minutes.

Yale Roth is a FHA Mortgage Specialist and provides mortgages for homeowners throughout the United States. 

Call Yale at 561-350-7684 with any mortgage-related problems or visit his rate page at http://www.YaleHomeLoan.com

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Mortgage Rate Update. Thursday, April 8, 2010

For the second day in a row, bond prices rose nicely, pushing mortgage rates down again!

Retails sales reports were up slightly; however the intial jobless claims unexpectedly rose amid Easter-related volitility.

If you’re within 30 days of close, risks favor locking!

Yale Roth is a FHA Mortgage Specialist and provides mortgages for homeowners throughout the United States. 

Call Yale at 561-350-7684 with any mortgage-related problems or visit his rate page at http://www.YaleHomeLoan.com

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Mortgage Rate Drop! Wednesday, April 7, 2010

Mortgage rates have dropped this morning on a well-received three-year note auction and no major surprises from the Federal Reserve’s Open Market Committee minutes.

If you’re in a position to lock, take advantage of the improved rates and secure the lock.

To view the current rates, do a Personalized Rate Search under the FREE Mortgage Rate quote.  No personal information is needed and it only takes 30 seconds.

Yale Roth is a FHA Mortgage Specialist and provides mortgages for homeowners throughout the United States. 

Call Yale at 561-350-7684 with any mortgage-related problems or visit his rate page at http://www.YaleHomeLoan.com

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Mortgage Rate Update. Tuesday, April 6. 10:20 AM ET

Mortgage rates are slightly lower this morning as the yield on the 10 yr Treasury note is flirting with a yield around 4%. 

Similarly, the Dow yesterday touched the 11,000 mark but closed  just below that milestone.

Last Friday’s strong employment report may suggest the labor market is beginning to bottom out.  Opinions vary about whether this recovery is sustainable.

If  you’re in the process of buying a new home or refinancing an existing mortgage, take risk off the table and lock the rate while they’re at these levels.

The risk of losing what is available now for the potential reward of a rate .125% or .25% lower isn’t justified- in my opinion.

Yale Roth is a FHA Mortgage Specialist and provides mortgages for homeowners throughout the United States. 

Call Yale at 561-350-7684 with any mortgage-related problems or visit his rate page at http://www.YaleHomeLoan.com

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Mortgage Video FAQ – “What’s The Difference Between A FHA Mortgage And Conventional Mortgage”?

Watch this video:

 

http://www.YaleRoth.com In this video post Yale Roth answers one of the top mortgage FAQ “What’s the difference between a FHA mortgage and conventional mortgage”?

Yale outlines some of the differences between the two loan types and explains the benefits and drawbacks as well as which loan type would be more appropriate. 

This video is very informative and will help people decide which loan type is better for them.

Yale Roth is a FHA Mortgage Specialist and provides mortgages for homeowners throughout the United States. 

Call Yale at 561-350-7684 with any mortgage-related problems or visit his rate page at http://www.YaleHomeLoan.com

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Alert…Mortgage Rate and FHA Mortgage Update. April 1, 2010

Mortgage rates opened  slighlty higher this morning.  

Initial jobless claims came in at a 19 month low – however, attention is focused on the March jobs report due out tomorrow morning at 8:30 ET.

Remember, a significantly better than expected number has the potential to push rates up.  Conversely, if the number comes in a lot worse than expected, we could see bonds rally and rates improve.

Regarding FHA mortgage changes, FHA case numbers have to be assigned by tomorrow in order to use the current Upfront Mortgage Insurance Premium factors. 

As of Monday, April 5, the FHA Upfront Mortgage Insurance Premium will go to 2.25%.

Yale Roth is a FHA Mortgage Specialist and provides mortgages for homeowners throughout the United States. 

Call Yale at 561-350-7684 with any mortgage-related problems or visit his rate page at http://www.YaleHomeLoan.com

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Mortgage FAQ #7 – What’s The Difference Between A Cash Out And Regular (Rate/Term) Refinance?

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In this short video post Yale Roth answers a top mortgage FAQ “What’s the Difference Between a Cash Out Refinance and regular Refinance”? 

If you’re in the process of refinancing, this video will give you more knowledge about your refinance transaction.

The video is very informative and lasts about 2 minutes.

Yale Roth is a FHA Mortgage Specialist and provides mortgages for homeowners throughout the United States. 

Call Yale at 561-350-7684 with any mortgage-related problems or visit his rate page at http://www.YaleHomeLoan.com

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FHA Condo Project Approval Questions/Reference

Quick reference…If you’re in the market to purchase a condo or you are interested in refinancing a condo into an FHA loan, please see below…
The FHA has set up a special on-line mailbox for all condominium questions. Go to CondoProjectApprovalInquiries@hud.gov  In fact, HUD would prefer that anyone with FHA condo questions write to this address rather than FHA Homeownership Centers (HOCs) or the FHA Resource Center. Per HUD, questions will be answered within 24-48 hours, unless additional research is required; in such cases, the inquirer will be advised that there is a delayed response forthcoming.

Yale Roth is a FHA Mortgage Specialist and provides mortgages for homeowners throughout the United States. 

Call Yale at 561-350-7684 with any mortgage-related questions or visit his rate page at http://www.YaleHomeLoan.com

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Mortgage Video FAQ – “What Makes Up The Borrower’s Closing Costs When Buying Or Refinancing”?

Watch this video:

 

http://www.YaleRoth.com In this short video post Yale Roth answers the FAQ:

 “What Makes Up The Borrower’s Closing Costs When Buying A New Home Or Refinancing An Existing Home.”

The video is about 2 minutes and is very informative.

Yale Roth is a FHA Mortgage Specialist and provides mortgages for homeowners throughout the United States. 

Call Yale at 561-350-7684 with any mortgage-related questions or visit his rate page at http://www.YaleHomeLoan.com

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