Recent announcements by FHA will have impacts on our spring time (and beyond) buyers. The rules mean more money down and higher payments, here’s the scoop:
Beginning April 1, 2010 the Upfront MIP is increasing from 1.75 to 2.25. (MIP is the Mortgage Insurance Premium that all buyers using an FHA loan get to pay, up [...]
The FHA published its 2010 loan limits. There’s no change from 2009.
Here’s a parody of what it is like to purchase a bank owned home in today’s market. Sad but true the conversation is very realistic.
Best enjoyed with a Cabernet or perhaps a nice stout beer.
Unfortunately there’s so much truth to this it makes me want to cry.
As government tries to grapple with the economic crises the FHA loan limits have changes 3 times in recent months. Once they were decreased and twice they were increased. At the present time the FHA Mortgage Limits in Denver are at $406,250 and the new 1-family limit for Boulder County is $460,000. Limits are higher [...]
If there ever was a perfect climate for a first time buyer to purchase a home, it is now. Why is that? Because there are bargains in both home prices and available financing terms! A combination like this allows a first time buyer to obtain more of a home for their money [...]
Welcome to Denver Dwellings where I blog about Denver real estate trends, where to live, eat, play and how to buy
or sell a house in Colorado. This part of the world is where I call home, it is a place I love and I hope that
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