Beginning in October of 2008, the Bush Administration rolled out an assistance program for homeowners having trouble making their mortgage payment. The Hope for Homeowners Program restructures mortgages for qualified homeowners.
Restructured loans will be based on 90 percent of a homes current value which is established by a new appraisal. What you are accomplishing here [...]
Posts Tagged ‘30 year fixed loans’
Trouble Making Mortgage Payments?
Posted in Beaverton Oregon homes for sale, Beaverton Real Estate, Beaverton Real Estate For Sale, Homes for sale in Beaverton Oregon, Steve Schwab, Steve Schwab Group, The Steve Schwab Group, Washington County, real estate, www.SteveSchwabGroup.com, tagged 30 year fixed loans, Bush Administration, FHA, FHA loan, FHA loans, home appraisal, hope for homeowners, loan restructure, MIP, mortgage default, mortgage insurance, mortgage restructure, Oregon Foreclosures, refinance, restructured loans, short sale, short sale expert, trouble making mortage payments on November 24, 2008 | 2 Comments »
Timing the Bottom of the Real Estate Market
Posted in Beaverton Oregon homes for sale, Beaverton Real Estate, Beaverton Real Estate For Sale, Homes for sale in Beaverton Oregon, Multnomah County, Portland Oregon, Portland Oregon Real Estate Market, Real Estate Appreciation Portland Oregon, Real Estate Trends Portland Oregon, Realtors Beaverton Oregon, SW Portland homes for sale, Steve Schwab, Steve Schwab Group, The Steve Schwab Group, first time home buyer, real estate, www.SteveSchwabGroup.com, tagged 30 year fixed loans, discretionary income, energy prices, falling dollar, federal reserve, purchase or sale of real estate, rising inflation, soaring commodity prices on April 7, 2008 | 2 Comments »
Recently we have seen an abundance of economic news that has had a tendency to keep those considering the purchase or sale of real estate on the sidelines. We’ve seen continued gyrations in the stock and bond markets. We’ve seen a Federal Reserve that continues to chase the “snowball” downhill with rate cuts. Because they [...]