Charlotte FHA Limits

$230,470 is Charlotte’s FHA Mortgage Limit

Yesterday, President Bush authorized the Economic Stimulus Package. In addition to the checks going out to the American public, this package permitted Jumbo loan limits for some areas of the country to be increased…

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Will the Fed Rate Cut Change Mortgage rates?

Diana Olick from CNBC wrote an interesting
article about this. Here’s the highlights:

• The 30 Year Fixed mortgage rate is NOT tied to short-term treasuries.
• Today’s cut will affect short term ARMS, but not by…

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Chase, one of the leader wholesale lenders, has announced some big changes and modifications to their product line up.  

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• Why…

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• balance sheet
  A financial statement that shows assets, liabilities, and net worth as of a specific date.
• balloon…

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Earlier I was snooping around CNN Money online to get info from Bernanke’s speech today about the Fed Reserve. While there I saw an ad from Bankrate.com, a well “respected” website that is supposed to be objective. For the fun of…

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