Key Economic Indicators that Affect Mortgage Interest Rates: Housing Reports

Kentucky FHA, VA ,USDA, KHC, Conventional and Jumbo mortgage loans. I am based out of Louisville Kentucky. For the first time buyer with little money down, we offer Kentucky Housing or KHC loans with down payment assistance.

RPM Mortgage, Inc.

Row of houses

For the past couple weeks, we’ve been looking at how key economic indicators cause mortgage rates to move up and down, and why home owners, buyers and refinancers, should follow along. In this last installment of series, we take a look at three housing reports that indicate the health of the economy.

Case-Shiller Index

Home prices are a huge indicator of how the economy as a whole is performing. The Case-Shiller Index is actually comprised of four indices; the National Home Price Index, 20-city composite index, 10-city composite index and 20 individual metro indices. These indices track the changes in price for sales of the same single-family homes over time in large markets throughout the country. It is published on the last Tuesday of each month and has a two-month lag time, so the index released in March will show data from February and January.

The Case-Shiller Index tells us…

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BREAKING: HUD suspends FHA mortgage insurance premium cut

The Department of Housing and Urban Development announced it suspended the reduction of Mortgage Insurance Premiums, effective immediately. HUD sent out an announcement just an hour after President Trump was sworn in on Friday, stating that the cuts have been suspended indefinitely. Click the headline for more.

Source: BREAKING: HUD suspends FHA mortgage insurance premium cut

FHA cuts mortgage insurance premiums again

When the FHA announced late last year that its flagship fund, the Mutual Mortgage Insurance Fund, grew for the fourth straight year, it led to many question whether we would see a cut to its mortgage insurance premiums again. Now we have an answer. Click the headline for the full details on the FHA reducing mortgage insurance premiums.

Source: FHA cuts mortgage insurance premiums again

5 Ways to Jumpstart Your Credit Score in 2017 — Rapid Rescore by Jason Hall

Joel Lobb
Senior Loan Officer
(NMLS#57916)

American Mortgage Solutions, Inc.
10602 Timberwood Circle, Suite 3
Louisville, KY 40223

text or call my phone: (502) 905-3708
email me at kentuckyloan@gmail.com

The view and opinions stated on this website belong solely to the authors, and are intended for informational purposes only. The posted information does not guarantee approval, nor does it comprise full underwriting guidelines. This does not represent being part of a government agency. The views expressed on this post are mine and do not necessarily reflect the view of my employer. Not all products or services mentioned on this site may fit all people. NMLS ID# 57916, (www.nmlsconsumeraccess.org). Mortgage loans only offered in Kentucky.
All loans and lines are subject to credit approval, verification, and collateral evaluation and are originated by lender. Products and interest rates are subject to change without notice. Manufactured and mobile homes are not eligible as collateral.

Posted by joel lobb at 1:40 PM
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Louisville, Ky North America
Kentucky Home Loan Mortgage Types
Kentucky Home Loan Mortgage Types

Kentucky First Time Home Buyer Loans for 2017

1. Become an Authorized User “One tried-and-true trick is to have someone with great credit add you as an authorized user to a card that they’ve had for a long time,” says Casey Fleming, author of The Loan Guide: How to Get the Best Possible Mortgage. Using this method, you can piggyback off someone else’s […]

via 5 Ways to Jumpstart Your Credit Score in 2017 — Rapid Rescore by Jason Hall

pmc-first-time-home-buyers-guide-5-63811831798_428509820672663_2611371571121667624_n10460633_349843721874074_6715813429429288815_ofacebook_1479914107864-2

Joel Lobb
Senior  Loan Officer
(NMLS#57916)
text or call my phone: (502) 905-3708
email me at kentuckyloan@gmail.com
The view and opinions stated on this website belong solely to the authors, and are intended for informational purposes only. The posted information does not guarantee approval, nor does it comprise full underwriting guidelines. This does not represent being part of a government agency. The…

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Kentucky Housing Corporation’s (KHC) master commissioner sales for Kentucky Housing Foreclosures

Kentucky, Kentucky Housing Corporation, kentucky usda lenders, Kentucky-Louisville, KHC’s (Kentucky Housing ) First Mortgage Government, Louisville Kentucky, Louisville Kentucky First Time Home Buyer, Mortgage broker, Mortgages, Real Estate, Refinancing, United States, USDA, Zero down home loans.

Kentucky First Time Home Buyer Programs for 2017 FHA, VA, KHC, USDA, RHS, Fannie Mae Loans in Kentucky

BRECKINRIDGE
331 E 6TH STREET 12/19/2016
HARDINSBURG, KY 40143
BUTLER
250 HOLLEY TRAIL 12/2/2016
ROUNDHILL, KY 42275
CAMPBELL
339 E ALEXANDRIA PIKE 12/13/2016
COLD SPRING, KY 41076
EDMONSON
1111 SHADY LAND CHURCH RD 12/3/2016
BOWLING GREEN, KY 42101
FAYETTE
808 LOST TRAIL CIRCLE 12/5/2016
LEXINGTON, KY 40511
1304 SEQUOIA DRIVE 12/16/2016
LEXINGTON, KY 40517-3533
JEFFERSON
1422 WURTELE AVENUE 12/9/2016
LOUISVILLE, KY 40208
8712 MANSLICK RD 12/9/2016
LOUISVILLE, KY 40272
1276 MORGAN AVE 1/13/2017
LOUISVILLE, KY 40213
1106 CLAYBOURNE ROAD 1/13/2017
LOUISVILLE, KY 40214
1529 BICKNELL AVE 1/13/2017
LOUISVILLE, KY 40215
1108 VINEWOOD RD 1/13/2017
LOUISVILLE, KY 40219
MADISON
705 SAGE DRIVE 12/14/2016
RICHMOND, KY 40475
MEADE
575 DUGOUT DR 1/9/2017
VINE GROVE, KY 40175
OHIO
87 MT VERNON RD 12/12/2016
HARTFORD, KY 42347
PENDLETON
310 BEECH ST 12/15/2016
FALMOUTH, KY 41040
SHELBY
46 CHRISTIANBURG ROAD 12/15/2016
SHELBYVILLE, KY 40065

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Kentucky First Time Home Buyer Grants and Loan Programs

Louisville Kentucky Mortgage Grants And Down payment Assistance, Kentucky FHA HUD Homes for $100 Down100 down kentucky fha loan, Bullitt County Ky, fha, FHA insured loan, fha kentucky, Fixed rate mortgage, Frankfort Kentucky, Kentucky, kentucky housing corp, Lexington Kentucky, Louisville Kentucky, Mortgage loan, Oldham County Ky, Paducah Kentucky, Refinancing, va
Kentucky First Time Home Buyer Grants and Loan�Programs

Kentucky FHA Mortgage Loans Guidelines

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USDA Streamline Product: Streamline Assist for all USDA Kentucky Homeowners of current USDA mortgages for refinances

refinance kentucky rural housing refinance streamline refinance streamline refinance ky mortgage usda refinance
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Rural Housing Funds for Kentucky USDA Loans

Kentucky USDA Rural Housing Mortgage Loans


I now offer the USDA Streamline Product: ‘Streamline Assist’ for all USDA Kentucky Homeowners for refinances 
Take advantage of our Kentucky Rural Development USDA Streamline Refinance today!
 PROGRAM HIGHLIGHTS
  • Min 640 FICO
  • No appraisal
  • 30 year fixed only
  • Rate term only
  • No GUS run
  • No household income calculation
  • Mortgage only credit report
  • 2nd mortgage liens must be subordinated, but no max CLTV
  • Borrowers may be added but not removed from current loan
  • Max loan amount may include P&I balance of existing loan, eligible loan
    closing costs, funds necessary to establish tax and insurance escrow account
    and upfront guarantee fee
  • NTB must be met – $50 reduction in PITI plus annual fee payment
  • Seasoning required – 12 months timely payments prior to new application
    date
  • Streamlined application:
    * No income
    * Disclose assets only if needed to close
    * No liabilities listed other than mortgage to be refinanced
    * REO –…

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Kentucky USDA Rural Housing Loans Have Funds Now for 2016 and 2017

100% Rural Housing loan in Kentucky2016 USDA Changes in KentuckyDown Payment Assistance Program – Housing – Louisville KyFannie Mae New Lending Guidelines for KentuckyFirst Time Home Buyer in Kentucky Zero DownFirst Time Home Buyer Program Specialist-Zero Down LoansKentucky First Time Home Buyer Education LinksKentucky Mortgage ApprovalKentucky State Loan ProgramsKentucky State Mortgage RatesLouisville First Time Buyer Mortgages

Louisville Kentucky Mortgage Rates

Kentucky Rural Development Guaranteed Loans for USDA Funds are now Available!

USDA Announced TODAY, 10/17/16, that funding is now available with the Rural Development Guaranteed Loan Program!  So this means any loans with a “conditional commitment” will be obligated in their system within the next 2-3 days.  This should fund this wonderful program through 9/30/17.  As you know we are Kentucky Rural Housing  USDA experts and are ready to help Kentucky Home
Buyers and Kentucky RHS USDA homeowners!

jcl-usda

Looking for 100% Financing?
Check out
 Kentucky RHS USDA Product!

  • Effective 10/1/2016 the Up Front Guarantee Fee is reduced to 1.0%*
  • No down payment required
  • Up to 6% Seller Concessions
  • Minimum 640 FICO
  • Aggressive Interest Rates/ Pricing for 30 year fixed rate
  • For list of eligible properties: USDA Property Eligibility
  • For income eligibility limits: USDA Income Eligibility

*Note – the up front guarantee fee may be financed into the loan

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Kentucky Housing Offering 2% fixed 30 year fixed rate home loans for Kentucky First Time Home Buyers with household incomes less than $35,000

Louisville Kentucky Mortgage Loans

  KHC is offering a very low fixed rate on a first-come, first-serve basis for Kentucky Home Buyers.  It can be used for FHA, VA, USDA  and still go no money down with this low rate. The $6000…

Source: Kentucky Housing Offering 2% fixed 30 year fixed rate home loans for Kentucky First Time Home Buyers with household incomes less than $35,000

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