Jamie Nummer's (somersetlending) Blog

By
Mortgage and Lending - Somerset Lending Corp
RECENT BLOG POSTS
The housing market continues to signal that a broad rebound is underway. In October, despite sparse home inventory, the number of properties sold increased 1.4% nationwide. According to data from the National Association of REALTORS®, on a seasonally-adjusted, annualized basis, October Existing H...
11/23/2011
After a brief return to lower, pre-2009 levels, FHA loan limits have been restored. As signed into law last Friday, maximum FHA loan limits are — once again — as high as $729,750. The move creates additional mortgage financing possibilities in more than 650 U.S. counties, and promises to increase...
11/22/2011
Mortgage markets went unchanged last week as Wall Street traded on new debt stress within the Eurozone, and stronger-than-expected economic data here at home. Rates moved very little from Monday to Friday and the storyline’s not expected to change much this week for today’s rate shoppers. Accordi...
11/21/2011
Tuesday, Fannie Mae and Freddie Mac unveiled lender instructions for the government’s revamped HARP program, kick-starting a potential refinance frenzy across Michigan and nationwide. HARP stands for Home Affordable Refinance Program. The updated program is meant to give “underwater homeowners” a...
11/18/2011
Rainer
5,087

JamieNummer

local_phone(248) 499-9640
smartphone(248) 499-9640
Contact The Author