Posts tagged as:

Mortgage Insurance

How much of a Downpayment do you need?

I got two funny phone calls today from Charlotte Real Estate Agents, both asking about down payments.  Since the mortgage crisis started three years ago, the biggest mis-information in the media has been concerning down-payments, with most news articles saying you need 25% or more for a down payment. The first call went like this: [...]

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New FHA Loan Changes Give You Three more Reasons to Buy Your First House Now

You know everyone is telling you that now is the best time to buy a house, especially if it is your first house. With the low interest rate, Home Buyer Tax Credit, and lower house prices, people telling you that are probably correct. Image via Wikipedia Here is another reason: The Federal Housing Administration, or [...]

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