Jeff Thomas
FHA

FHA seller concession rules

June 2, 2010 by Jeff Thomas · Leave a Comment 

The Federal Housing Administration (FHA home loans in Virginia) is eliminating one of the mainstays to its program sometime this summer. Gone will be the 6 percent seller concession and in will be the 3 percent seller concession. The reason for eliminating the concession according to FHA is the 6 percent seller concession exposes them [...]

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Market Snap Shot for Fairfax, Virginia

March 2, 2010 by Jeff Thomas · Leave a Comment 

Market Snap Shot for Fairfax, Virginia Mortgage Interest Rates and Local Real Estate
By Sigma Research
By Tuesday, March 02, 2010

Treasuries and mortgages started weaker this morning with the stock index futures pointing to a nice open in equities at 9:30. No real data this morning, the only thing on the schedule is Feb auto and truck [...]

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Jeff Thomas