Monthly Archives: April 2012

FHA Mortgage Income

Posted ago by Cary Cox

ShareIncome for a mortgage is one of the most important factors when qualifying for a FHA Mortgage or being approved for a FHA Mortgage loan that is issued by the Federal Housing Administration. The other major factors that are considered for …

Home Sales Down Again

Posted ago by Cary Cox

ShareAccording to the Case-Shiller Home-Price Index home prices for the most part continued to call throughout the United States, only in a few markets was there any price appreciation. Most of that appreciation stems from real-estate investors purchasing investment properties …

Posted ago by Cary Cox

ShareThe movement of Apple’s stock price this year somewhat summarizes the sentiments of the U.S. EconomyIt was another mixed economic picture in the U.S. this week. On the positive side, we saw rising Retail Sales, falling oil and gasoline prices, …

Housing Numbers

Posted ago by Cary Cox

ShareGreat little article by our friend Bill Fisher at Ratewatch.com on the housing market and where we are headed in the housing market and what we need to do to get the housing market healthy. Housing starts in the month …

Houston Real Estate Data

Posted ago by Cary Cox

ShareBeing a member of the Houston Association of Realtors allows us to get Mulitple Listing Service (MLS) data as soon as it’s posted to let you know the current condition of the Houston real estate market. It’s not only important …

FHA For Immigrants

Posted ago by Cary Cox

ShareHouston has over one-hundred thirty different countries with immigrants located in our city. That’s because Houston is a huge international city due to the being the world’s energy capital and the world-wide reputation of the Texas Medical Center located in …

Mortgage News Today

Posted ago by Cary Cox

ShareI’ve been saying it for months if not the last couple of years the mortgage and housing crisis is not over. There is so much “Shadow Inventory” being held on the books by the banks and mortgage serrvicing companies that housing …

Houston Mortgage News

Posted ago by Cary Cox

ShareEaster weekend has passed and only two short months until the school year ends, that can only mean one thing – It’s home-buying season! From now until Labor Day the words that we will hear over and over, “What kind of mortgage …

FHA Raises Mortgage Credit Guidelines

Posted ago by Cary Cox

ShareThere are faster learners, average learners, and then there are slow learners. When it comes to mortgage lending local & regional banks are the fast learners, Fannie-Mae & Freddie-Mac are the average learners and FHA bless their heart they can …