Roseville Loan Expert

I received a letter from the federal department of Housing and Urban Development (HUD) informing me that there are going to be sweeping changes to the FHA mortgage insurance program starting next month. This is something that has been talked about for some time but nothing had been finalized. The major change is in FHA’s [...]

Today’s payroll flop — only 20,000 real jobs created in May — will take some time to settle all the way in. Immediately: 10-year T-notes are 3.22% (from 3.36% yesterday and 3.99% six weeks ago), and the best mortgages below 5.00%.
The payroll report has confirmation: new unemployment has held high for five months; May retail [...]

Doom and gloom no more Sacramento homeowners, for the first time in almost three years home prices in the Sacramento area (Sacramento & Placer Counties) are on the rise. Now, this isn’t to say things will get crazy again like earlier in the decade but it is giving us a really good idea that the [...]

Why do we care in Roseville or Sacramento about FHA mortgages?
The FHA (Federal Housing Administration) began in 1934 in an effort to encourage home ownership despite the difficult economic times of the era. This program enables consumers who may not qualify for a standard loan to obtain the financing they need to purchase a home without [...]