Wade Ellsworth :
LOW ,LOW RATES:
STOCK MARKET HAS BEEN GOING DOWN. INVESTORS ARE PUTTING LARGE AMOUNT OF MONEY IN BONDS. THAT MEANS LOWER RATES. FIXED RATES HAVE GONE FROM 5.00% AT PAR TO 4.625% @ PAR
WHAT IS UP WITH THE FEES :
THE OBAMA LAMA RAISED VA LOANS FROM 2% TO 3% ON FUNDING FEES. THEY ARE RAISING FHA FROM 1.75% TO 2.25% JUST AT THE SAME TIME ANNOUNCING A HOME LOAN MOD FOR FHA . NOW TALK IS THEY ARE LOOKING AT RAISING USDA UPFRONT FEE.