The Worker, Homeownership, and Business Assistance Act of 2009 has extended the tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence. The tax credit now applies to sales occurring on or after January 1, 2009 and on or before April 30, 2010. However, in cases where a binding sales [...]

With the resurgence of FHA home loans, many home owners are wondering if they can benefits from an FHA loan. The truth is that you may or may not benefit by converting your existing loan into an FHA loan when you refinance. Some of the factors that can determine if an FHA loan is right [...]

As the Real Estate and financial markets continue to move up and down, mortgage rates can also be affected. Since mortgage rates are more closely tied to the bond markets, an up or down move in the stock market may not have the result in mortgage rates that one might expects. In fact, many times [...]