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Marketwatch for January 30, 2015

John Holmgren's weekly "Marketwatch" with useful insights as to recent developments in the financial and mortgage markets. January 30, 2015: Rates mixed as the economy “pauses”; High prices create psychological barrier....Read it here!

January 30th, 2015 | Marketwatch, mortgages, Marketwatch for January 30, 2015

FHA Mortgage Insurance Premium Cuts Begin Today

FHA is cuting premiums and making home ownership more affordable. The cuts begin today, January 26th, 2015!  According to the press release, “As the nation’s housing market continues to improve, U.S. Housing and Urban Development Secretary Julián Castro today announced the Federal Housing Administration (FHA) will reduce the annual premiums new borrowers will pay by half of a percent.  This action is projected to save more than two million FHA homeowners an average of $900 annually and spur 250,000 new homebuyers to purchase their first home over the next three ...

January 26th, 2015 | FHA, mortgage insurance, mortgages, FHA Mortgage Insurance Premium Cuts Begin Today

Holmgren and Associates

DBA of Finance of America
1900 Mountain Boulevard
Oakland, California 94611
Phone: 510-339-2121
NMLS 0910184/1071
 

Holmgren & Associates is a branch of Finance of America. We are a full service mortgage banker with an experienced staff offering expertise in residential mortgage lending, with primary focus on loans for home purchase, refinance, and reverse mortgages.

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