Loans & Mortgages News Blog

FHA Renders THREE the Magic Number for Arizona Households with Previous Foreclosures

“ Three Is a Magic Number ” was one of the original songs from the Schoolhouse Rock! Series that aired on Saturday mornings during the ‘70’s. The first verse of the song says: Three is a magic number, Yes it is, it’s a magic number. Somewhere in the ancient, mystic trinity You get three as a magic number

Continue reading...

The Extension and Expansion of the First Time Home Buyer Tax Credit Is Good for Arizona

This morning, President Barack Obama signed into law H.R. 3548 bill, The Unemployment Compensation Extension Act that includes the extension, modification and expansion of the first time home buyer tax credit.

Continue reading...

FHA Down Payment Requirement Could Increase to 5%

If you are planning on buying a house and taking advantage of FHA’s low down payment requirement of 3.5%, you may want to do it now. Last year, the minimum down payment requirement for FHA loans was increased from 3% to 3.5% as part of the Housing and Economic Recovery Act

Continue reading...

Financing Your Online Degree

Online education has undergone a metamorphoses in recent years, not unlike the ugly caterpillar that blossoms into a beautiful butterfly. The concerns once raised by skeptics centering around the validity and relevance of an online degree in the marketplace have since been quelled

Continue reading...