Nationwide Mortgage understands the growing demands of American consumers so we are always adding home loan programs so borrowers can be sure they are getting the best mortgage refinance and purchase programs.
Blogroll
FHA Refinancing
- This is a great FHA blog that provides mortgage updates for FHA lending products.
Government Mortgage
Check out the government loan programs from FHA, VA and the USDA.
Loan Modification
- Consider refinancing alternatives before foreclosure.
FHA Mortgage
FHA Mortgage
- Finance a New Home with only 3% Down
Who would have thought that Fannie Mae and Freddie Mac being seized by the Feds would have leads to lower mortgage rates? Apparently a few financial analysts believed the take-over would cause interest rates for home loans and mortgage refinancing to drop. Financial advisor Scott Deal said, “the market reacted positively to Bush’s move to stabilize these two mortgage giants.”
According to San Diego government employee Donald Flood, “I have been waiting to refinance with a FHA mortgage for 9 months, but the rates kept creeping up.” Flood continued. Now I can streamline my mortgage for a lower fixed monthly payment.”If the interest rates drop a half a percentage point, Mr Flood would save about $300 a month after refinancing his $500,000 mortgage.
FHA interest rates finally dropped below 6% so there is an opportunity for borrowers to save money. FHA streamline refinancing activity rose sharply this week, after the news settled regarding Fannie Mae and Freddie Mac. If interest rates continue to drop, expect to see more borrowers who already have a FHA mortgage to refinance with their streamline option.
FHA Streamlining has been the lifeblood of our sales this summer. Finally FHA has made it easy to refinance our existing clients without it costing a lot to refinance. Hopefully the Fed will cut mortgage rates more significantly!
FHA Mortgage Loans for Low Rate Refinancing & Purchase
Take advantage of low FHA rates available for mortgage refinancing and homebuying opportunities. Affordable FHA mortgages are available to borrowers who meet the FHA loan requirements.
3 Comments
September 12th, 2008 at 6:08 am
[...] Read the rest of this great post here [...]
September 12th, 2008 at 6:24 am
[...] Original admin [...]
October 21st, 2008 at 6:17 am
FHA Streamlining has been the lifeblood of our sales this summer. Finally FHA has made it easy to refinance our existing clients without it costing a lot to refinance. Hopefully the Fed will cut mortgage rates more significantly!