Tag Archives: refinance

Affects of Government Shutdown on Local Real Estate

Government Shutdown. 70 percent of all loans made this year in the Crystal Coast and surrounding areas involved either Fannie Mae, Freddie Mac, VA or a FHA Loan. To put it another way, the federal government has its hands in almost ¾’s of all mortgage loans made in 2013. So will the government shutdown affect your ability to get a loan? Will it slow or stall your upcoming closing? Will interest rates go up? The good news is that mortgage rates tend to go the opposite...
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Crystal Coast Real Estate News and Market Report

There is some great news from the Federal Housing Authority (FHA) for first and second time home buyers, for those wanting to refinance their home or if you find yourself, “underwater” with your current loan. FHA is now offering several programs that can be accessed online and claiming to offer the lowest rates in the state! And here is the kicker-It’s all free of charge!

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