Home Values In 10 Years, Rates Down Slightly Ahead of PCE

Still Not Much News On Tax Credits Toward Down Payments Which investor will take the home buyer credit? Taylor Bean Whitaker, which I believe does not hold the mortgage on the Neverland Ranch, has sent this note out to the clients about the first-time home buyer credit: “HUD recently released Mortgagee Letter 2009-15 regarding the

Another Mortgage Closure, Housing Starts Dismal

GM wants $17 billion more. One trader from Cantor Fitz mentioned that, “GM seems like a pension plan that occasionally makes a car somebody occasionally buys.” Citi Loan Changes First things first. Yesterday I mentioned that “CitiMortgage now requires the following minimum FICO scores on all FHA and VA loans, including FHA Streamline and VA