As of March, 2008, FHA Loan Limit Caps have been increased. The new loan limits allow loan amounts as high as $729,750 for one-unit properties,(high-cost areas), and they open up additional home financing opportunities for consumers. The maximum loan lim...

   It's gone seemingly unnoticed over the past couple of weeks due to the holidays, time of year, etc., but we've gone from mid 6's to: 5.75% on a 30 Year Fixed Mortgage. (as of 1/09/200 UPDATE: January 22, 2008: Federal Reserve announced a unpreceden...

 As most of you know, I personally never dealt with subprime business. At First Horizon Home Loans, (my previous employer), we had a process of passing "subprime" borrowers to a specialized "alternative" credit department. Simply put, these loans would b...