Your Anchorage Alaska Real Estate Blog!

FHA will tighten up in 2010 FHA will tighten up in 2010Borrowers will need more cash, minimum FICO scoreBY MATT CARTER, THURSDAY, DECEMBER 3, 2009.Inman NewsThe Obama administration is moving to tighten underwriting standards on FHA-backed loans by increasing the amount of upfront cash homebuyers must bring to the table, raising minimum ...

Mortgage rates breaking records again15-year, 30-year fixed-rate loans at all-time lowsBY INMAN NEWS, THURSDAY, DECEMBER 3, 2009.Inman NewsRates on 15- and 30-year fixed-rate mortgages fell for a fifth consecutive week to new lows, Freddie Mac said in releasing the results of its weekly Primary Mortgage Market Survey.The 30-year ...

Who do you know that does not own a home?      FHA is getting ready to make some major changes to their guidelines and now is the time to get approved. Changes will be increased requirements in down payments, higher credit score requirements and increased mortgage insurance costs...bottom line..now is the time. Call or email at ...