Comments on: Breaking Mortgage News In 30 Seconds! http://juicyestates.com/2009/04/02/breaking-mortgage-news-in-30-seconds/ South Florida\'s Best Jumbo Loans and Luxury Homes Sat, 30 Jan 2010 12:09:45 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: Ariel Segall http://juicyestates.com/2009/04/02/breaking-mortgage-news-in-30-seconds/comment-page-1/#comment-422 Ariel Segall Fri, 10 Apr 2009 12:15:32 +0000 http://juicyestates.com/?p=503#comment-422 Rex - However, please be aware that you can still buy a Townhouse with only 3.5% with an FHA program. The MI issues for attached properties only affects those agency conforming loans. Rex – However, please be aware that you can still buy a Townhouse with only 3.5% with an FHA program.

The MI issues for attached properties only affects those agency conforming loans.

]]> By: James R Venney CMPS http://juicyestates.com/2009/04/02/breaking-mortgage-news-in-30-seconds/comment-page-1/#comment-290 James R Venney CMPS Sat, 04 Apr 2009 02:35:12 +0000 http://juicyestates.com/?p=503#comment-290 Rex, I agree but the mortgage insurance companies are fighting for their lives so I don't expect that they will be back in distressed markets in a meaningful way for sometime. Rex,

I agree but the mortgage insurance companies are fighting for their lives so I don’t expect that they will be back in distressed markets in a meaningful way for sometime.

]]> By: Rex Wilkinson http://juicyestates.com/2009/04/02/breaking-mortgage-news-in-30-seconds/comment-page-1/#comment-282 Rex Wilkinson Fri, 03 Apr 2009 13:31:53 +0000 http://juicyestates.com/?p=503#comment-282 The elimination of available mortgage insurance for attached lot and block townhomes will hurt many first time homebuyers who are trying to get into the market and use the 3.5% down. So where does that leave people? You dangle an $8,000 tax credit in front of them but then tell them they need $30,000 down to buy a $150,000 townhouse - plus closing costs? The elimination of available mortgage insurance for attached lot and block townhomes will hurt many first time homebuyers who are trying to get into the market and use the 3.5% down. So where does that leave people? You dangle an $8,000 tax credit in front of them but then tell them they need $30,000 down to buy a $150,000 townhouse – plus closing costs?

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