Great news for Massachusetts home owners who have yet to refinance and take advantage of the current low interest rate environment. On April 11th the Federal Housing Finance Agency (FHFA), instructed Fannie Mae and Freddie Mac to Read more…
Monthly Archives: April 2013
How To Achieve Short Sale Success
Mass Mortgage Buddy would like to welcome, top New England RE/MAX Realtor, Bill Gassett to the site. If you have ever searched for information regarding real estate in Massachusetts, the chances are you came across one of his highly regarded articles. I strongly recommend taking some time to read the following article that Bill Gassett wrote on how to achieve a successful short sale process in Massachusetts. Read more…
FHA Insurance Changes Now in Effect
The Federal Housing Administration (FHA) was created as part of the National Housing Act of 1934. Its purpose is to insure mortgage products made by various approved lenders and add stability to mortgage lending and the housing market. FHA insured loans offer an affordable alternative to its conventional lending cousins Fannie Mae and Freddie Mac by facilitating mortgage financing solutions with lower down payments and more flexible underwriting guidelines. As of April 1st 2013 FHA has implemented changes to its Read more…