Quiet Week in Economic News
Mostly a quiet week in the bond market as all eyes were on China and Europe. China lowered their interest rates this week to try and stimulate their economy (the 2nd largest in the world), and the European Central bank (like our Fed) gave indications that they would...
This Weeks Win! 8-29-15
This week’s win was actually helping one of my realtor partners avoid disaster. They had an offer from a realtor whose lender was very inexperienced. They said that the buyer was getting an FHA loan. But when I double checked as part of my quality control process for...
Can You Have More than 1 FHA Loan at a Time?
You can only have 1 FHA loan at a time. FALSE! FHA regulations say that you can have more than 1 FHA loan at a time if: 1) The first property has 25% equity, you are keeping that property, and moving to a new home. Of course the “why” you are moving to a new home for...