Month: November 2010

Higher max conforming mortgage loan limits extended

Written by Guest on 2010-11-23.

The Federal Housing Finance Agency announced last week that the conforming mortgage loan limits for Fannie Mae and Freddie Mac loans will be extended through September 2011. Generally the limit is $417,000 for single family homes, but these...

D.C. foreclosure moratorium surprises title industry

Written by Guest on 2010-11-22.

Last week, the DC City Council enacted “Saving DC Homes from Foreclosure Emergency Amendment Act of 2010” (the “Act”). The Act will be effective for 90 days but may be extended by permanent legislation. The Act was...

Looking to buy a home?

Written by Guest on 2010-11-15.

Yes, it is true that the housing market in many areas across the country has been stagnant for months, if not years. Yes, it is true that new lending guidelines have made it tougher for people to borrow money. But despite all the naysayers...

Assumption advantage on the FHA loan

Written by Guest on 2010-11-08.

In addition to a low interest rate and a reduced required down payment, the FHA loan offers today’s homebuyers another little-noticed advantage over the conventional/conforming loans. Unlike most conventional loans, FHA loans are assumable...

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Month: November 2010

Higher max conforming mortgage loan limits extended

D.C. foreclosure moratorium surprises title industry

Looking to buy a home?

Assumption advantage on the FHA loan

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