Author Archive

Keane Ng,

keaneng

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    PMI Companies Halt Fannie Mae’s Change on Gifted Down Payments

    Mortgage giant Fannie Mae has been busy with more changes.  In a world of tighter lending, it’s nice to see changes designed to ease the home […]

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    Government Mortgages Are Becoming More Expensive

    Since the bursting of the housing bubble, we’ve seen the mortgage industry flood to government-backed mortgages as a source for home lending, and it makes sense. Government […]

  3. When will the Housing Market Recover? The Answer may lie in Mortgages

    When will the Housing Market Recover? The Answer may lie in Mortgages

    There are multiple resources that experts use to determine the health of the housing market.  They use price indexes, new home sales, existing home sales and […]

  4. VA Loans and the Home Buyer Tax Credit for Veterans

    VA Loans and the Home Buyer Tax Credit for Veterans

    The one thing I’ve always loved about VA loans is how every unique guideline is designed to benefit the veteran.  More information regarding these benefits can […]

  5. New FHA Guidelines Could Change the Condo Market Forever Part II

    New FHA Guidelines Could Change the Condo Market Forever Part II

    I’ve waited a while to post a new blog about the importance of a FHA warranty on a condo. There has been many changes which required some […]

  6. When the Fed Stops Buying Mortgage Bonds, Mortgage Rates Will Go Up. Or Will It?

    When the Fed Stops Buying Mortgage Bonds, Mortgage Rates Will Go Up. Or Will It?

    The majority of mortgage professionals share the opinion that rates will be going up this spring.  And why not?  Several factors indicate rates could move up […]

  7. Understanding Adjustable Rate Mortgages Part III

    Understanding Adjustable Rate Mortgages Part III

    In Part III of this three part series on Adjustable Rate Mortgages (see Adjustable Rate Mortgages Part I and Adjustable Rate Mortgages, Part II), I will […]

  8. First-Time-Home-Buyer Tax Credit Extension Info

    First-Time-Home-Buyer Tax Credit Extension Info

    The current $8,000 tax credit for first time home buyers is set to expire in approximately a month. Since then, there has been a rush for […]

  9. Understanding Adjustable Rate Mortgages Part II

    Understanding Adjustable Rate Mortgages Part II

    In Part II of this three-part series, I will discuss how “Caps” work on an ARM (Adjustable Rate Mortgage). A cap on an ARM determines the […]

  10. Understanding Adjustable Rate Mortgages Part I

    Understanding Adjustable Rate Mortgages Part I

    Understanding Adjustable Rate Mortgages Part I In this three-part series, I will discuss what to look for in an adjustable rate mortgage (ARM).  I will talk […]

  11. MDIA – Mortgage Disclosure Improvement Act…What does this mean to you?

    MDIA – Mortgage Disclosure Improvement Act…What does this mean to you?

    UPDATE I’ve updated the business day definition and APR change needed to re-disclose.  Saturdays are only considered business days if the mortgage company is open to […]

  12. New FHA Guidelines Could Change the Condo Market Forever

    New FHA Guidelines Could Change the Condo Market Forever

    UPDATE HUD has extended the spot check deadline a 3rd time and has changed the warranty guidelines.  See Part II of this blog here. Are you […]