Pending home sales drop

National Association of Realtors reports that this is the 4th consecutive month that pending sales have dropped. If you think that was bad wait until you see oct. Part of the month the government was shut down so FHA did not close loans....

National Real Estate Market slows.

California saw the housing market slow down in July and the rest of the country is following. ““The housing market recovery has lost a little steam which is not a surprise with the broader economy taking a bit of a step back recently. The housing market could be a...

Government loans getting more expensive

Which is better- FHA loans, Fannie Mae loans or conventional loans? FHA  raised its monthly and upfront fees this spring, and also made borrowers’ monthly mortgage insurance premium (MIP) effective for the life of most loans. It used to be until you had more...