by Dave Werth
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Gas Prices Are Up, Interest Rates Are Down Standing at the gas pump today, I said to myself, “Hmmm…$4.21 per gallon….that is not bad.” Seconds later I realized that $4.21/gallon is not bad, it is horrible! When did it become acceptable to pay these prices, and why is it that gas ...

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by admin
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New VA Incentives For Distressed Homeowners The Department of Veteran Affairs has instructed mortgage servicers to offer $1500 for relocation costs, on completed Short Sale and Deed-in-Lieu of Foreclosure transactions where a VA loan has been issued. Similar to other homeowner assistance programs such as HAFA (Home Affordable Foreclosure Alternatives), this new program ...

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by Dave Werth
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New Rules Change Closing Cost Disclosures by  Guest Author- Sean Courtney- Global Mortgage Recent guidelines from Washington have forced a change to the way that loan originators will disclose closing costs for all homebuyers. The purpose of the new Good Faith Estimate is to level the  playing field for borrowers comparing loans ...

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