FHA premium JUMPs to 2.25% ASAP get a case number

It appears in response to this week's Federal Grand Inquistion into how we are to make Fannie Freddie and FHA independant companies FHA is boosting their premiums for Mortgage insurance to 2.25% vs. 1.75%. The only way to avoid this jump in costs is to have a house under contract and order a case number today.

Len Brutacao put a good word in Heaven for us.

I saw the lupine and poppies in their glory on highway 241. I say a prayer for the Brutacao
family. Cheers to thier great father, leader and visionary who now is in Heaven. The rosary
kast night was one of many demonstrations of how you changed the world.

Fannie Mae program to sell Foreclosures unveiled

FANNIE MAE HOME PATH May 27th


• Up to 97% financing
• No appraisal required (they have it)
• No mortgage insurance (MI) is required !!!– although Fannie Mae-required price adjusters will apply
• Flexible mortgage terms – including fixed-rate, ARMs or the Interest-Only payment feature
• Variety of property types allowed including previously approved condominium projects
• Credit scores as low as 660 with 80% LTV

www.homepath.com lookup your target location for listings


Interest Rates up a little this morning
Stock market slips after a week of giddy gains, but Americans do
not run in to buy equities.

I believe some stocks are buys in pull back days- Apple Sealy
light durable goods and things teens buy