Monday, March 28, 2011

Remember: FHA Monthly MIP Going Up Again:

FHA will be raising the monthly MIP again on April 18th, 2011. Case numbers with ratified contracts before that date will fall under the old MIP. It is moving up .25% to 1.15%. The upfront amount of 1% is staying the same. Your contract ratification date has to be before or on the 17th, however Friday April 15th is the last day to obtain a case number for an FHA loan due to the weekend.
In addition, for many who have been fence sitting and rate watching, we believe the ship has sailed on lower rates. Economic news across the financial news spectrum all indicate that rates will continue to rise for the foreseeable future.
These are two great reasons to move forward if you have immediate home buying plans. As always, consult with your financial advisor before making any decisions.
Charles Kraus, GRI - Associate Broker
Coldwell Banker Residential Brokerage
Annapolis, MD  (O): (410) 919-2642

Thursday, March 3, 2011

Find Your Maryland Dream Home

j0432680 If you are looking for your dream home, start your search online HERE
j0432680 Price recently reduced to just $299,900 on this beautiful home in water privileged community. Close to Annapolis, MD, get all the details here – Home for Sale 
j0432680 Looking for a quiet eastern shore home? Look no further! Freshly painted and ready to move into, this St Michaels charmer will surely please –  Details Here
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Charles Kraus, GRI Associate Broker  -  Coldwell Banker Residential Brokerage  -  Annapolis, MD
                   email: ck@mris.com  -  web: CharlesKraus  -  blog: TheBayHomes

Tuesday, March 1, 2011

Find Your Maryland Dream Home


j0432680 If you are looking for your dream home, start your search online HERE

j0432680 Price recently reduced to just $299,900 on this beautiful home in water privileged community. Close to Annapolis, MD, get all the details here – Home for Sale 
j0432680 Looking for a quiet eastern shore home? Look no further! Freshly painted and ready to move into, this St Michaels charmer will surely please – Details Here