Daily Mortgage Market Overview

Take a look at the Daily Mortgage Market Overview.Daily Mortgage Market Overview   Today's Mortgage Rate SummaryHow Rates Move:Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded in real time, all day in the bond market.  This means rates or loan fees (mortga ...
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Lower USDA Fees

USDA Lower USDA FeesGood news!Both the upfront guarantee fee and annual fee (collectively the “fee schedule”) for purchase and refinance using USDA Rural Development’s home loan program will decrease on October 1, 2016, the first day of fiscal year 2017.The upfront guarantee fee will drop from 2.75% to 1%, and the annual fee from 0.5% to 0.35 ...
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The Meaning of the EOD Badge

Meaning of EOD BadgeTHE WREATH is symbolic of the achievements and laurels gained by minimizing accident potentials, through the ingenuity and devotion to duty of its members. It is in memory of the EOD personnel who have given their lives while performing EOD duties.THE BOMB was copied from the design of the World War II Bomb Disposal Badge; the b ...
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Reverse Mortgages

Reverse Mortgage LoansReverse Mortgage loans give seniors the ability to live in their home, with no monthly mortgage payments¹, by converting home equity into cash while still maintaining ownership!Home Equity Conversion Mortgages (HECMs), also known as reverse mortgage loans, were created over 25 years ago to help homeowners age 62 and older con ...
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