HARP 2.0…Who Will This Latest Version Help?
December 21, 2011 by Mark Estermyer · Leave a Comment
For homeowners whose current mortgage balance exceeds the value of their home…basically, you’re underwater on your mortgage; HARP 2.0 may be the golden key to a lower mortgage -payment. If you are current on your mortgage and have been unable to obtain a traditional refinance because the value of your home has declined, you may be eligible [...]
Home Buyer Assistance Program For The Inland Empire
June 14, 2011 by Mark Estermyer · Leave a Comment
RPM Mortgage recently announced the roll out of a program designed to help San Bernardino/Riverside homebuyers achieve home ownership through this down payment assistance program…CHF Platinum Program. This program is designed to assist low to moderate income home buyers with the purchase of a home, by providing closing cost and/or down payment assistance in the [...]
Should I Trust Zillow/Trulia In Determining A Homes Value
May 9, 2011 by Mark Estermyer · Leave a Comment
Do you want to get frustrated, look up the value of your home on Zillow…then Trulia or any other home value provider. San Bernardino and Riverside residents who would like to know the value of their house or the one they are looking to purchase, have generally relied upon websites like these to get a basic idea [...]
FHA Home Loan Payments Will Increase
February 15, 2011 by Mark Estermyer · Leave a Comment
Inland Empire home buyers who will be using FHA financing just got hit with another blow from HUD. With yesterday’s announcement; beginning April 18, 2011, the Annual Mortgage Insurance Premiums charged by FHA will increase 25 basis points. Just last year on April 4, 2010, HUD increased the monthly MIP from .55 to .90 for [...]
Are Inland Empire Home Loan Rates Increasing?
February 11, 2011 by Mark Estermyer · Leave a Comment
After more than 8 days of negative or no movement by mortgage backed securities, Inland Empire home buyers may have gotten a reprieve from the sliding away interest rates. This morning, MBS opened with some positive movement. At the end of another volatile day yesterday, mortgage rates finished at levels close to April 2010. Home loan [...]
