Consistent with FHA’s ongoing efforts to strengthen the Mutual Mortgage Insurance Fund, FHA is: revising the period for assessing the annual MIP. FHA is removing the exemption from the annual MIP for loans with terms of 15 years or less and Loan to Value (LTV) ratios of less than or equal to 78 ... » Learn More about FHA to change Annual MIP Cancellation Policy on June 3

The 10 year note (most closely correlates with the mortgage backed security) is up again today by a substantial amount. It closed at 2.13%, a 1/2% higher than just a few weeks ago. Rates move up faster than they come down. Three mortgage rate increases today... ouch :-( Ron Henderson GRI, RECS, ... » Learn More about Interest Up Again Today! 1/2% in Less Than A Month!

An article on the status of the national real estate market. The Los Angeles region has a more constrained inventory than the nation as a whole. Daily Real Estate News | Thursday, May 23, 2013 Existing-home sales rose in April but remain below underlying demand because of limited inventory and ... » Learn More about April Existing-Home Sales Up but Constrained