Mortgage Newsflash : A New Refi Boom Begins; Banks Open Floodgates; Maximum Loan Sizes Dropping
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Mortgage Market Update : Mid-May 2011
Mortgage rates are falling, mortgage guidelines are easing, and conforming loan limits are dropping. There’s a lot going on in mortgages right now and this short mortgage video covers it all.
A quick summary of topics covered include:
- Are we at the start of a new Refi Boom?
- What it takes to a get a mortgage approved these days
- How the end of temporary, high-cost loan limits will change housing for residents of Loudoun County and Fairfax, Virginia, among other cities.
Refinance applications are booming right now and purchase activity is, too. If you’re shopping for a mortgage and want to see my rates, use this online mortgage rate form.
I’ll get you custom rates within an hour.
Mortgage Rates : Make Your Own Luck To Land Low Rates
Category: Latest news
