New Lending Guidelines!

New Lending Guidelines!

Lenders are beginning to accept applications under the new HARP 2 rules – there is no loan-to-value limit on HARP refis for borrowers who have fixed-rate mortgages (if you are underwater this is GREAT news). Here is a brief overview of HARP 2’s guidelines:...
Mortgage Market

Mortgage Market

Mortgage markets improved last week on a weak jobs report, expectation for new market stimulus, and growing evidence of a global economic slowdown. Overall, conforming mortgage rates in California improved for the first time in 3 weeks. On a product-by-product basis,...

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