Pete Phillippe of Princeton Capital will be in studio to answer these and more Real Estate Financing Questions. Sunday 9-10am, 1350am KSRO or Streaming live at www.KSRO.com.
Here’s a good article that explains the changes. Pete will delve into it a bit more….and we’ll discuss possible alternatives to [...]
The Federal Housing Administration, which is the largest insurer of low-down payment mortgages, announced last week that it will raise premiums by 10 basis points, or 0.1 percent, on most of the new mortgages it insures.
(FHA makes a lot of sense for many borrowers, in some cases it’s the only option, but it’s [...]
Long time guest and friend of the Real Estate Hour, Pete Phillippe of Princeton Capital, will join us to discuss options which super low interest rates offer the consumer. With rates THIS low (3.25%) a homeowner refinancing may consider saving money while retaining a 30 year amortized loan or choosing to opt for [...]
Presentation on 2012 Real Estate Outlook–Leslie Appleton-Young
We discussed some of these key slides this morning on our radio show and wanted to give our listeners full acess to the presentation by CAR’s Chief Economist, Leslie Appleton-Young. Here’s the Link. Just CLICK HERE to go to the presentation. What’s REALLY startling is the [...]
As reported, May 31, 2012; Mortgage rates plummet —– 15 year mortgage falls below 3%! 30 year conventional financing at 3.75% I’m not sure how much lower my jaw can drop!
If you can get a new mortgage or refinance an existing one, There has really NEVER been a better time. Interest rates have fallen [...]
……………………………………. Federal Government & Attorneys General reach landmark settlement with major banks
Roughly $25 billion in relief for distressed borrowers, states and federal government.
From the “NationalMortgageSettlement.com” website.
After many months of negotiation, 49 state attorneys general and the federal government have reached agreement on a historic joint state-federal settlement with the country’s five largest [...]
It’s always fun to have Mr. Peter Phillippe on the show ( PeterPhillippe@princetoncap.com). We’ll be discussing these super-low rates which dropped like a stone on Friday but also WHAT EFFECT a possible government default will have on not only Home Mortgage rates but also other consumer credit.
We’ll also discuss the [...]
Sonoma County, California HomeBuyers had a great treat this morning listening to Linda Watson who spoke on Niche Lending and her specialty–USDA Loans. Who said you had to PUT 20% down? Two low down scenarios are yours for the choosing. USDA has a ZERO like in -0- DOWN program and FHA with a CHDAP “silent” [...]
Linda Watson is our guest today speaking on Niche loans including this-THE USDA loan. Please join us NOW for the Real Estate Hour–Sonoma County’s ONLY Real Estate Talk Show and the longest running talk show of its kind in the BAY AREA!
FAQ’s for USDA Home Loans
1. What is a USDA Home Loan?
Are the Upcoming Mortgage Limit Changes Going to Affect Property Prices.
Watch out, on October 1st, 2011, the federal government will lower the maximum mortgage loan amounts for three very popular loan programs throughout the US. Those of us in the coastal California region will be hit hard by the changes. The question [...]