Cw Mortgage Blogs & Blog Posts
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Latest Blog Posts on cw mortgage
- High Balance Conforming Loan Limits for 2010…Same As 2009! by Picture Perfect San Diego on Nov 17, 2009
Great news for San Diego real estate buyers! Fannie Mae (FNMA) announced that they are keeping 2009’s High Balance Conforming loan limits for 2010. Freddie Mac (FHLMC) made a similar announcement. As we all know, the regular conforming loan l...
- When Does It Makes Sense to Refinance? by Picture Perfect San Diego on Oct 31, 2009
Trying to decide whether or not to refinance your mortgage can be like trying to find treasure on a deserted island. You can shovel a lot of sand and still come up empty-handed at the end of the day. However, you can sift it all down and find tha...
- High Balance Conforming Loans…Minimum Down Payment Requirements by Picture Perfect San Diego on Sep 10, 2009
Conventional loan amounts up to and including $417,000 are considered Conforming loans, or Agency loans, and are typically backed by Fannie Mae and Freddie Mac. In San Diego County, conventional loan amounts greater than $417,000 and less than or equ...
- Mortgage Rates Still In A Fantastic Place by Picture Perfect San Diego on Jul 15, 2009
When rates shot up a month or so ago, we saw many potential San Diego real estate buyers get cold feet since 30 year fixed rates in the 4’s were gone. These buyers felt that the home of their dreams was no longer available if their rate was not u...
- $8,000 Tax Credit As Down Payment? Almost… by Picture Perfect San Diego on May 20, 2009
Last week, HUD announced that the new $8,000 first-time home buyer tax credit could be used towards the down payment of the purchase of a primary residence. The way that it would have worked is that a third party would front the tax credit money to...
- $8,000 Tax Credit As Down Payment, Looks Like It Is A Go by Picture Perfect San Diego on May 18, 2009
By now you may have heard the news that HUD has decided to allow the most recent version of the federal first time home-buyer tax credit to be used towards the down payment of the purchase of a primary residence (click here for the press release). Th...
