FHA Commissioner Julia Gordon talks MIP cut
We caught up with FHA Commissioner Julia Gordon to talk about the expected impact of the 30 bps premium cuts.
We caught up with FHA Commissioner Julia Gordon to talk about the expected impact of the 30 bps premium cuts.
Additional changes will follow in the coming months.
Fannie Mae and Freddie Mac’s regulator on Thursday released a new series of possible tweaks to some financial parameters they work within, which appear aimed at accommodating recent policy shifts while managing risk. The new Enterprise Capital Regulatory Framework proposal includes, for example, an update to the treatment of commingled securities. Guarantees for uniform mortgage-backed … [Read more…]
Find your ideal early-bird job right here â and the best types of work that will fit your lifestyle.
The idea of building a dream home on a new plot of land inspires many future homeowners. Thereâs something exciting about the prospect of finding the right spot to build on and customizing everything in your new home. But while itâs not uncommon for potential home buyers to opt into building a home, the land […]
The post What Property Buyers Should Know About Land Loans appeared first on The Simple Dollar.
The COVID-19 pandemic highlighted the importance of biotechnology. Hereâs what you need to know about investing in biotech stocks.
According to the Federal Reserve, the average amount of student loan debt carried by a student graduating in 2012Â reached a staggering $24,301. And that isn’t the only scary student loan statistic. Overall, student loan debt in the U.S. has reached a cumulative $902 billion dollars, and loan delinquencies are at an all-time high. This is depressing news for everyone, including those of us who want our children to be able to go to college.
Saving for an unpredictable future
Since my kids are so young, I shudder at the thought of what a college education could cost when they graduate from high school. College tuition has outpaced inflation at an astronomical rate. And worse yet, the job outlook for college graduates isn’t all that great. In addition to all of that uncertainty, I’ve found it difficult to do much planning since there are a gazillion possible outcomes. Will my kids go to community college? An in-state university? Will they pursue an advanced degree? At this point, I cannot possibly answer these questions. Still, I haven’t lost hope that I can help them avoid taking on a soul-crushing amount of student loan debt. I certainly can’t predict the future, but I can at least try to prepare for it. And while I don’t necessarily plan on paying for all of the costs of my kids’ college education, I do want to help them as much as I can.
BOK has serviced the unique home-buying needs of Oklahoma residents for over 100 years and has grown into the largest bank in the state. This lender’s diverse selection of home loans are suited to a wide range of customers, including first-time homebuyers, moderate-to-low income borrowers and those with less than perfect credit. BOK’s conventional fixed […]
The post Current BOK Mortgage Rates Reviews: Today’s Best Analysis appeared first on Good Financial Cents®.
The Department of Housing and Urban Development will cut the Federal Housing Administration’s mortgage insurance premium by 30 basis points, a move that many stakeholders think is long overdue. The cut drops premiums from 85 basis points to 55 basis points — reverting premiums to a level not seen since before the 2008 housing crisis. … [Read more…]