Chattanooga Real Estate Blog » Mortgage Info http://blog.chattanoogarealestatetoday.com Chattanooga Real Estate Today Thu, 26 Jan 2012 17:47:08 +0000 en hourly 1 http://wordpress.org/?v=3.3 Rural Development-USDA Eligibility http://blog.chattanoogarealestatetoday.com/rural-development-usda-eligibility/ http://blog.chattanoogarealestatetoday.com/rural-development-usda-eligibility/#comments Wed, 17 Aug 2011 18:24:59 +0000 Karen Rhodes http://blog.chattanoogarealestatetoday.com/?p=770 Rural development or USDA loans have become extremely popular lately.  Other than a VA loan it’s the only one left offering 100% financing.  There are some qualifications though both in property eligibility and income eligibility.

To find out if you meet the income criteria and what areas meet eligibility requirements check out the Eligibility section of UDSA’s website.   rd

]]> http://blog.chattanoogarealestatetoday.com/rural-development-usda-eligibility/feed/ 0 Mortgage Interest Rates March 15, 2011 http://blog.chattanoogarealestatetoday.com/mortgage-interest-rates-march-15-2011/ http://blog.chattanoogarealestatetoday.com/mortgage-interest-rates-march-15-2011/#comments Tue, 15 Mar 2011 19:26:34 +0000 Karen Rhodes http://blog.chattanoogarealestatetoday.com/?p=705

Interest rates compliments of:

Mortgage South
Melanie Huddleston
1007 Ashland Terrace
Suite 104B
Chattanooga, TN 37415
423-648-7630

Conventional Fixed Rate

30 yr  =  4.75%

20 yr = 4.5%

15 yr  =  4.%

10 yr = 3.5%

FHA and VA

30 yr  =  4.5%

Rural Development

30 yr = 4.75%

100% financing through Rural Development

Rates Subject to Change

Karen Rhodes Realtor

]]> http://blog.chattanoogarealestatetoday.com/mortgage-interest-rates-march-15-2011/feed/ 0 FHA Costs on the Rise http://blog.chattanoogarealestatetoday.com/fha-costs-on-the-rise/ http://blog.chattanoogarealestatetoday.com/fha-costs-on-the-rise/#comments Tue, 08 Mar 2011 09:46:04 +0000 Karen Rhodes http://blog.chattanoogarealestatetoday.com/?p=694 The Federal Housing Administration has become a primary means of financing for U.S. home buyers due in part to the fhalow costs involved.  Those costs are headed up which is going to limit the number of buyers yet again.

The maximum loan FHA can insure is scheduled to decrease in October.  On April 18 the mortgage insurance premium on FHA loans will increase a quarter of a percent.  The minimum down payment which has already increased from 3% to 3.5% is expected by many to go up to 5%.  These changes may put home ownership out of reach for many first time home buyers which represent 75-80% of all FHA loans.

If you are thinking of buying you should get things going before these changes go into affect.

]]> http://blog.chattanoogarealestatetoday.com/fha-costs-on-the-rise/feed/ 0 Mortgage Interest Rates March 4, 2011 http://blog.chattanoogarealestatetoday.com/mortgage-interest-rates-march-4-2011/ http://blog.chattanoogarealestatetoday.com/mortgage-interest-rates-march-4-2011/#comments Fri, 04 Mar 2011 21:33:42 +0000 Karen Rhodes http://blog.chattanoogarealestatetoday.com/?p=689

Interest rates compliments of:

Mortgage South
Melanie Huddleston
1007 Ashland Terrace
Suite 104B
Chattanooga, TN 37415
423-648-7630

Conventional Fixed Rate

30 yr  =  4.75%

15 yr  =  4.%

20 yr = 4.625%

FHA and VA

30 yr  =  4.75%

Rural Development

30 yr = 4.875%

100% financing through Rural Development

Rates Subject to Change

Karen Rhodes Realtor

]]> http://blog.chattanoogarealestatetoday.com/mortgage-interest-rates-march-4-2011/feed/ 0 Mortgage Rates February 10, 2011 http://blog.chattanoogarealestatetoday.com/mortgage-rates-february-10-2011/ http://blog.chattanoogarealestatetoday.com/mortgage-rates-february-10-2011/#comments Thu, 10 Feb 2011 18:59:03 +0000 Karen Rhodes http://blog.chattanoogarealestatetoday.com/?p=671

Interest rates compliments of:

Mortgage South
Melanie Huddleston
1007 Ashland Terrace
Suite 104B
Chattanooga, TN 37415
423-648-7630

Conventional Fixed Rate

30 yr  =  4.875%

15 yr  =  4.25%

10 yr = 4.25%

FHA and VA

30 yr  =  4.75%

Rural Development

30 yr = 5%

100% financing through Rural Development

Rates Subject to Change

Karen Rhodes Realtor

]]> http://blog.chattanoogarealestatetoday.com/mortgage-rates-february-10-2011/feed/ 0 Mortgage Rates January 21,2010 http://blog.chattanoogarealestatetoday.com/mortgage-rates-january-212010/ http://blog.chattanoogarealestatetoday.com/mortgage-rates-january-212010/#comments Fri, 21 Jan 2011 18:51:52 +0000 Karen Rhodes http://blog.chattanoogarealestatetoday.com/?p=666 Interest rates compliments of:

Mortgage South
Melanie Huddleston
1007 Ashland Terrace
Suite 104B
Chattanooga, TN 37415
423-648-7630

Conventional Fixed Rate

30 yr  =  4.75%

20 yr = 4.625%

15 yr  =  4.25%

FHA and VA

30 yr  =  4.625%

Rural Development

30 yr = 4.75%

100% financing through Rural Development

Rates Subject to Change

Karen Rhodes Realtor

]]> http://blog.chattanoogarealestatetoday.com/mortgage-rates-january-212010/feed/ 0 Mortgage Interest Rates January 13, 2011 http://blog.chattanoogarealestatetoday.com/mortgage-interest-rates-january-13-2011/ http://blog.chattanoogarealestatetoday.com/mortgage-interest-rates-january-13-2011/#comments Thu, 13 Jan 2011 21:03:30 +0000 Karen Rhodes http://blog.chattanoogarealestatetoday.com/?p=661

Interest rates compliments of:

Mortgage South
Melanie Huddleston
1007 Ashland Terrace
Suite 104B
Chattanooga, TN 37415
423-648-7630

Conventional Fixed Rate

30 yr  =  4.625%

20 yr = 4.5%

15 yr  =  4.0%

10 yr = 3.75%

FHA and VA

30 yr  =  4.5%

Rural Development

30 yr = 4.75%

100% financing through Rural Development

Rates subject to change

Karen Rhodes Realtor
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]]> http://blog.chattanoogarealestatetoday.com/mortgage-interest-rates-january-13-2011/feed/ 0 Mortgage Interest Rates December 2, 2010 http://blog.chattanoogarealestatetoday.com/mortgage-interest-rates-december-2-2010/ http://blog.chattanoogarealestatetoday.com/mortgage-interest-rates-december-2-2010/#comments Thu, 02 Dec 2010 16:35:49 +0000 Karen Rhodes http://blog.chattanoogarealestatetoday.com/?p=635

Interest rates compliments of:

Mortgage South
Melanie Huddleston
1007 Ashland Terrace
Suite 104B
Chattanooga, TN 37415
423-648-7630

Conventional Fixed Rate

30 yr  =  4.5%

15 yr  =  3.875%

FHA and VA

30 yr  =  4.25%

Rural Development

30 yr = 4.5%

100% financing through Rural Development

Rates subject to change

]]> http://blog.chattanoogarealestatetoday.com/mortgage-interest-rates-december-2-2010/feed/ 0 Mortgage Interest Rates November 17, 2010 http://blog.chattanoogarealestatetoday.com/mortgage-interest-rates-november-17-2010/ http://blog.chattanoogarealestatetoday.com/mortgage-interest-rates-november-17-2010/#comments Wed, 17 Nov 2010 16:22:30 +0000 Karen Rhodes http://blog.chattanoogarealestatetoday.com/?p=626 Interest rates compliments of:

Mortgage South
Melanie Huddleston
1007 Ashland Terrace
Suite 104B
Chattanooga, TN 37415
423-648-7630

Conventional Fixed Rate

30 yr  =  4.25%

20 yr = 4.25%

15 yr  =  3.625%

FHA and VA

30 yr  =  4.125%

Rural Development

30 yr = 4.375%

100% financing through Rural Development

Rates subject to change

]]> http://blog.chattanoogarealestatetoday.com/mortgage-interest-rates-november-17-2010/feed/ 0 Mortgage Rates October 20, 2010 http://blog.chattanoogarealestatetoday.com/mortgage-rates-october-20-2010/ http://blog.chattanoogarealestatetoday.com/mortgage-rates-october-20-2010/#comments Wed, 20 Oct 2010 18:00:45 +0000 Karen Rhodes http://blog.chattanoogarealestatetoday.com/?p=598 interest_rates1

Interest rates compliments of:

Mortgage South
Melanie Huddleston
1007 Ashland Terrace
Suite 104B
Chattanooga, TN 37415
423-648-7630

Conventional Fixed Rate

30 yr  =  4.%

15 yr  =  3.875%

FHA and VA

30 yr  =  4.%

Rural Development

30 yr = 4.25%

100% financing through Rural Development

Rates subject to change

]]> http://blog.chattanoogarealestatetoday.com/mortgage-rates-october-20-2010/feed/ 0