Kim Darwaza Northern Virginia Real Estate

The Friday Brief  Outlook for Interest Rates-Clipped from the Wall Street Journal  __________________________________ News Alert from The Wall Street Journal Federal Reserve officials Wednesday said they expect short-term interest rates to stay close to zero "at least through late 2014," longer than previously indicated, a ...

Below is information that was released by the National Association of Realtors with my comments that I feel reflect the Northern Virginia Market.  A loan officer that I work with sent me an email with the NAR information and I thought it was worth sharing with my two cents! The National Association of REALTORS has ...

The Friday Brief Congress Increases the Ceiling on Size of Mortgages Wall Street Journal (11/18/11) P. A6 Zibel, Alan Capitol Hill legislators on Nov. 17 took aim at raising the maximum size of home loans that can be guaranteed by the FHA. Lawmakers passed a broad spending bill that contained a provision to restore to $729,750 the ceiling on ...

The Friday Brief       FHA Tips/Expiring Condos/Termite   Expiring FHA Condo-If you have an expiring FHA condo, the purchase must close and fund before the FHA Condo Expiration Date. Once the condo approval expires it must go back through the approval process.   FHA Termite- A termite report is not required by ...

The Friday Brief     Current Interest Rates 417K and below with 0 points 30yr fixed 4.500 FHA/VA 4.250 15yr Fixed 3.750 5yr ARM 2.875 FHA 3.250   417-729k with 0 points 30yr fixed 4.500 FHA/VA 4.500 15yr Fixed 3.750 5yr ARM 3.125 FHA 3.250     SunTrust Portfolio Affordable Loan Product-The comment I hear over ...

Here are the guidelines as it pertains to a FHA mortgage:   1.      All transactions must be arms length. There can’t be any identity of interest between the buyer and seller or other parties to the sales transaction. In order to ensure this the documentation must be reviewed to determine the following:  ...

The Friday Brief     Current Interest Rates 417K and below with 0 points 30yr fixed 4.625 FHA/VA 4.375 15yr Fixed 3.750 5yr ARM 3.125 FHA 3.375   417-729k with 0 points 30yr fixed 4.750 FHA/VA 4.625 15yr Fixed 3.875 5yr ARM 3.375 FHA 3.375     Housing Data on a More Positive Run-MBA Newlink link to full ...

Current Interest Rates 417K and below with 0 points 30yr fixed 4.375 FHA/VA 4.250 15yr Fixed 3.750 5yr ARM 2.990 FHA 3.250   417-729k with 0 points 30yr fixed 4.500 FHA/VA 4.375 15yr Fixed 3.750 5yr ARM 3.125 FHA 3.250     Banks Lowering Loan Standards Wall Street Journal (06/24/11) P. C6 Zibel, Alan In its annual survey ...

The Friday Brief     Current Interest Rates 417K and below with 0 points 30yr fixed 4.625 FHA/VA 4.250 15yr Fixed 3.750 5yr ARM 3.125 FHA 3.375   417-729k with 0 points 30yr fixed 4.750 FHA/VA 4.375 15yr Fixed 3.875 5yr ARM 3.375 FHA 3.375     Home Sales May Grow Thanks to Affordable Housing International ...

Current Interest Rates 417K and below with 0 points 30yr fixed 4.500 FHA/VA 4.250 15yr Fixed 3.750 5yr ARM 2.990 FHA 3.250   417-729k with 0 points 30yr fixed 4.625 FHA/VA 4.375 15yr Fixed 3.875 5yr ARM 3.250 FHA 3.250     The SAFE Act Regulation The Secure and Fair Enforcement Act ot 2008(SAFE Act) requires every ...