by Best Flagstaff Homes Realty | Jan 25, 2015 | National Market News
Earlier this month, the President announced that the FHA will reduce its annual premium by 0.5%, or from 1.35% to 0.85%, for a borrower using a 30-year fixed rate mortgage with a 3.5% down payment. In historical context, that reduces the annual mortgage insurance... by Best Flagstaff Homes Realty | May 19, 2014 | National Market News, Real Estate News
Interesting slideshow (and commentary) about why continued low mortgage rates are not leading to a surge in home sales. Mortgages are cheap, but shoppers aren’t splurging – The Week in Charts – MarketWatch. by Best Flagstaff Homes Realty | May 13, 2014 | National Market News, Real Estate News
Government supported mortgages aren’t going away soon, nor are the limits on mortgage amounts going to lower. No surprise as high end homes in most regions, like homes over $400,000 in the Flagstaff real estate market, still have very few buyers. Fannie,... by Best Flagstaff Homes Realty | Dec 17, 2013 | National Market News, Real Estate News
Phoenix-Mesa-Scottsdale area still 23.2% were underwater Home equity has improved with rising prices and the close-out of many foreclosure proceedings, still there are millions underwater on their mortgages, according to a study released by CoreLogic on Tuesday.... by Best Flagstaff Homes Realty | Dec 11, 2013 | National Market News, Real Estate News
Flagstaff (Coconino County) limit is reduced to $362,250 The current standard FHA loan limit for areas where housing costs are relatively low will remain unchanged at $271,050. “Where housing costs are relatively low,” does not include Flagstaff, AZ. FHA...