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Gloria Matthews

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Tag: Home Buyer Education

Good News for Home Buyers – MIP

Posted on January 15, 2015 by Gloria Matthews in Buy A Home, Real Estate News

You or someone you know may be buying a home in 2015.   I’d Like to bring you a piece of  good news.  Low down payment loans are available,  yet the Mortgage Insurance Premium   MIP  has been quite high the last few years, at 1.35%  of the loan amount.  It is being reduced to […]

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Fannie Mae Retires HomePath Mortgage Programs

Posted on October 7, 2014 by Gloria Matthews in Articles, Blog, Buy A Home, Home Buying, Real Estate News

Fannie Mae Retires HomePath Mortgage Programs Effective October 6, 2014, Fannie Mae (FNMA) will retire its HomePath Mortgage and HomePath Renovation Mortgage products. The HomePath.com site, created for realtors working on short sales of Fannie-owned properties, will also be shut down. Homebuyers purchasing Fannie Mae HomePath properties, or with HomePath loans in process with PRM, must: […]

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