Blog Detail
In Shallow Waters
http://www.InShallowWaters.com
- Author: Douglas Fujikawa
- Listed in: Real Estate Finance
- Added on: Jun 3rd, 2008
- Country: United States
- Language: English
Up to date information about San Diego real estate and mortgage news and advice.
Recent Posts
Chase suspends jumbo financing…or did they?
Most would agree that negative publicity is better than no publicity at all. And I would say that the opportunity to set a record straight is a very liberating experience. Never before in my career have I seen so much volatility in the mortgage marke...
We got it! $625,000 new loan limit.
Today, President Bush signed H.R. 3221: The Housing and Economic Recovery Act of 2008. This bill permanently raises the Fannie Mae and Freddie Mac conforming loan limit to $625,000. In addition, it also allows HUD to insure FHA mortgages in high c...
Homeownership…can you afford to wait?
The median net worth for homeowners is $184,000 versus renters that have a median net worth of $4,000! (source- Federal Reserve Board) As we have entered into the second half of the year, there is still plenty of time for first time home buyers to p...
Reasonability… A new underwriting standard?
Today I received another “stated income, stated asset” loan approval for a client of mine looking to get pre-approved buying an investment property. These “stated” findings do not come along very often in this market but I w...
How safe is your identity?
Having your credit checked is an important and necessary step in the home buying process. But very few people realize that each time their credit is checked, the “inquiry data” that the credit bureaus (TransUnion, Experian and Equifax) have on fi...