A conforming mortgage is one that, quite literally, conforms to the mortgage guidelines set forth by Fannie Mae or Freddie Mac. Each year, the government sets the maximum allowable loan size for … more →
South Orange County Blog from Bob Phillipsmyecies wrote 2 days ago: Bloomberg reported that mortgage applications are at 12 year lows this week. Nearly 1 in 6 FHA loan … more →
southorangecounty wrote 4 days ago: A conforming mortgage is one that, quite literally, conforms to the mortgage guidelines set forth by … more →
myecies wrote 5 days ago: I just finished reading “Julie/Julia” by Julie Powell. I know, it’s supposed to b … more →
southorangecounty wrote 1 week ago: Mortgage markets improved last week as foreign buyers of mortgage debt helped to push mortgage rates … more →
myecies wrote 1 week ago: This week I had conversations with two friends of mine that work for large banks, Wells Fargo and Ba … more →
southorangecounty wrote 1 week ago: Despite the economy’s improvement and prodding from Congress, banks don’t seem ready to … more →
southorangecounty wrote 1 week ago: Consider this a last call for FHA Streamline Refinances. Starting next Tuesday, the popular ra … more →
southorangecounty wrote 1 week ago: Mortgage markets were extremely volatile last week, carving out a wide range between Monday and Frid … more →
southorangecounty wrote 2 weeks ago: The Federal Open Market Committee caps off a scheduled, 2-day meeting today in the nation … more →
southorangecounty wrote 2 weeks ago: Mortgage markets improved last week after a series of hugely volatile trading sessions. Rates … more →
southorangecounty wrote 3 weeks ago: Mortgage markets were volatile last week, making it very difficult to shop for mortgage rates. On mo … more →
southorangecounty wrote 1 month ago: With crude oil at its highest levels since October 2008, retail gas is up 8 cents per gall … more →
southorangecounty wrote 1 month ago: The new Good Faith Estimate makes its debut January 1, 2010. Expanded from 1page to 3, the legi … more →
southorangecounty wrote 1 month ago: Mortgage markets worsened last week on better than expected economic data, causing mortgage rates to … more →
southorangecounty wrote 1 month ago: Mortgage rates are higher after the Federal Reserve released the internal notes of its September 22- … more →
myecies wrote 1 month ago: One sentence from our Fed Chairman and rates go off the charts for a day. Obviously the Fed will ha … more →
southorangecounty wrote 1 month ago: Beginning November 17, 2009, the FHA will make it harder to qualify for its popular Streamline Refin … more →
myecies wrote 1 month ago: I’d had enough of complaining about Barney Frank and the other nudniks in congress. It’ … more →
southorangecounty wrote 2 months ago: The Federal Open Market Committee starts a 2-day meeting today in Washington. The scheduled ge … more →