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Brandi Fugate

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Brandi Fugate | neighborhoodmortgage.blogspot.com Reviews
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Managing Loan Officer
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Brandi Fugate | neighborhoodmortgage.blogspot.com Reviews

https://neighborhoodmortgage.blogspot.com

Managing Loan Officer

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1

Brandi Fugate: May 2010

http://neighborhoodmortgage.blogspot.com/2010_05_01_archive.html

Tuesday, May 25, 2010. Rural Development Loans: HR 4899 Still on the Senate floor. This is just a quick update on USDA Rural Development Guaranteed Funding and the bills: HR4899, S3266, and HR 5007. HR 5007 was approved in the House but not the Senate. HR 4899 and S3266 are back in the Senate and different than the House Bill. HR 4899 is the FY 2010 Emergency Supplemental appropriations (Disaster Relief and Summer Jobs) which has been up for debate in the Senate since yesterday 5/25. Let me try to explain.

2

Brandi Fugate: FHA Loan Costs to Increase Soon

http://neighborhoodmortgage.blogspot.com/2010/06/fha-loan-costs-to-increase-soon.html

Tuesday, June 15, 2010. FHA Loan Costs to Increase Soon. Starting sometime later this year, the monthly cost to carry an FHA-insured mortgage is expected to rise. In a near-unanimous vote, the House of Representatives gave the FHA power to raise the monthly mortgage insurance premiums it charges to its borrowers. Currently, monthly mortgage insurance premiums are 0.55% of the unpaid loan balance, divided by 12. The recently approved Federal Housing Administration Reform Act. On the same $200,000 mortgage...

3

Brandi Fugate: Current Interest Rates

http://neighborhoodmortgage.blogspot.com/2010/05/current-interest-rates.html

Tuesday, May 18, 2010. 30 day rates are looking GREAT right now. FHA 30 Year Fixed Interest Rate: 4.75% (5.090% APR). RD 30 Year Fixed Interest Rate: 5.00% (5.501% APR). Analysts are still recommending borrowers to float their interest rates, based upon a predicted potential drop in rates. Call us for more details and qualification requirements. Subscribe to: Post Comments (Atom). Promote Your Page Too. Rural Development Loans: HR 4899 Still on the Sena. Rural Development Loans: What is all the fuss abou.

4

Brandi Fugate: June 2010

http://neighborhoodmortgage.blogspot.com/2010_06_01_archive.html

Thursday, June 17, 2010. Senate Approves Tax Credit Extension. Senate approves home tax credit extension. 6/16/2010, 2:19 pm CDT. AP) — WASHINGTON - The Senate has approved a plan to give homebuyers an extra three months to finish qualifying for federal tax incentives that boosted home sales this spring. The proposal would only allow people who already have signed contracts to finish at the later date. About 180,000 homebuyers who already signed purchase agreements would otherwise miss the deadline.

5

Brandi Fugate: March 2010

http://neighborhoodmortgage.blogspot.com/2010_03_01_archive.html

Wednesday, March 10, 2010. USDA Rural Development Loans: Out of Money? USDA announces today that funding for the Single Family Housing Guaranteed Loan Program will likely be exhausted by the end of April, 2010. They are not certain at this piont when additional funding will become available. In the past RD would issue conditional commitments "subject to appropriation of funds" but this will not be happening this time around given the uncertainty of the date of funds availability. Friday, March 5, 2010.

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Thursday, June 17, 2010. Senate Approves Tax Credit Extension. Senate approves home tax credit extension. 6/16/2010, 2:19 pm CDT. AP) — WASHINGTON - The Senate has approved a plan to give homebuyers an extra three months to finish qualifying for federal tax incentives that boosted home sales this spring. The proposal would only allow people who already have signed contracts to finish at the later date. About 180,000 homebuyers who already signed purchase agreements would otherwise miss the deadline.

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