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Friday,

November 20, 2009

FHA                 5.375%

VA                   5.250%

30 YR Fixed      5.125%

20 YR Fixed      5.125%

15 YR Fixed      4.500%

SONYMA          5.000%

PHFA               5.625%

5/1 ARM           4.750%

(APRs available in Loan Programs)

Mortgage Bankers Association of America Consumer Information
The Mortgage Bankers Association of America is the preeminent association representing the real estate finance industry. Their consumer information site contains several tools and guides to aid in purchasing or refinancing a home.
 
Federal Reserve Board Consumer Information
The Federal Reserve Board maintains a web page with consumer information, including a section on home mortgages. The section covers topics such as finding the best mortgage and understanding ARMs.
 
Homebuyer Education by Freddie Mac
Freddie Mac is a publicly held corporation chartered by Congress to increase the supply of funds that mortgage lenders, such as commercial banks, mortgage bankers, savings institutions and credit unions, can make available to homebuyers and multifamily investors. This Freddie Mac site offers a step-by-step tutorial on the home buying decision process and the mortgage application process.
 
United States Postal Service Official Movers Guide
What happens after you complete the purchase process? This U.S. Postal Service site provides all kinds of tools and tips to help make the moving process easier.
 
Internal Revenue Service
This link will take you to the IRS main homepage. Please use the search button for Topic 156 in regard to information on tax transcripts.
 
State of New York Mortgage Agency
This link will take you to the SONYMA home page. Please click on the Home Buyers tab to gather information about obtaining financing for a home purchase.
 
Pennsylvania Housing Finance Agency
This link will take you to the PHFA home page. You will find information in regard to affordable housing loans for low to moderate income families.