Q: My neighbor just got a great deal through her mortgage company on an FHA streamline loan.I want to apply for the streamline refinance program and am wondering if my existing mortgage must be an FHA loan in order to qualify. A: The Federal Housing Administration (FHA) established the... Read more
This evening, President Obama gave his latest State of the Union address, and those of us connected to housing and mortgages listened attentively for clues about what might be in the works for us. Here’s what he said: Part of our rebuilding effort must also involve our housing sector.... Read more