From the category archives:

Mortgage Industry

FHA Annual Premium Increase And Other Details Explained

August 27, 2010

Thanks to Keith Renno from The Renno Lending Team at Prospect Mortgage for sharing his insight on the upcoming FHA annual premium increase. While there is an upfront fee decrease associated with the FHA loans, it's really insignificant compared to the annual premium increase. Listen in, and watch, as Keith Renno explains what's happening. Enjoy!

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Buying A Santa Clarita Condo In Non-FHA Approved Communities

August 25, 2010

Are you approved for an FHA loan, and on the prowl for a Santa Clarita condo or townhome? If you are, you might have already found out that quite a few condo and townhome communities in the Santa Clarita Valley, and elsewhere, are not FHA approved. What does that mean? It means that FHA won't [...]

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Breaking Down Closing Costs For Santa Clarita Homebuyers

August 18, 2010

Today Brian interviewed Keith Renno, of The Renno Lending Team. The interview subject was about buyers closing costs, and breaking down some of the most frequent and important questions we get from homebuyers. If you're looking into buying a home in the Santa Clarita Valley, and you'll be financing your purchase, you will need to [...]

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Detailed Video On FHA Premium Increase & Upfront Premium Decrease

August 17, 2010

Thanks to John Yang, for sharing this video with us. He did a great job at helping us visualize the upcoming increase and decrease to FHA annual premiums, and the upfront premium. If you're a Santa Clarita homebuyer, you should consider how these changes will affect your closing costs and monthly cost of owning a [...]

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Santa Clarita Home Loans: Where Are Interest Rates? Is It Time To Refinance?

August 17, 2010

Thanks to Keith Renno @ The Renno Lending Team for putting this video update together. Keith touches on the current state of interest rates, and where they're likely headed. Also, Keith discusses home loan refinancing. If you own a Santa Clarita home, and have a loan above 5% interest rate, it could be beneficial for [...]

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FHA Annual Premium Increase Delayed

August 16, 2010

The new effective date for the FHA annual premium increase, will be October 4, 2010. That, revised from September 7, 2010. Apparently the FHA received negative feedback about the effective date being made in September. They listened, and adjusted the date by about a month. This increase in the annual insurance premium, will be accompanied [...]

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Santa Clarita FHA Homebuyers: Premiums To Increase Sept. 7, 2010

August 9, 2010

The title really says it all. I suppose I'll blog a bit about it though. Maybe even do an SCVRE360 for the more visually inclined. On September 7, 2010, FHA (Federal Housing Administration) is planning to both increase the annual insurance premiums that borrows pay, as well as decrease the upfront mortgage premium. While it [...]

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Rates Keep Getting Better For Your Santa Clarita Home Purchase or Refi

August 6, 2010

Interest rates just keep getting better! I think it's time to refinance that Santa Clarita home of yours, or buy one if you've been renting! These are historic interest rates. How low can they go? No one knows. But do you really want to risk them going up from here, only to buy a home [...]

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Interest Rates On Santa Clarita Home Loans Staying Low

July 16, 2010

Thank you to Keith Renno from Prospect Mortgage and The Renno Lending Team, for putting this video update together, which explains the situation with low home loan interest rates and how long they will stay this low for Santa Clarita homebuyers. If you happen to be thinking about buying a home in the coming weeks, [...]

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Santa Clarita Home Loans: Interest Rate Update

June 28, 2010

Thank you to Keith Renno from The Renno Lending Team for providing us this Santa Clarita Home Loan Interest Rate Update. There is a lot happening in the real estate and mortgage markets. Prices are low, and interest rates on home loans are even lower! Find out what's happening, check out this update. Give us [...]

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