With the spring home buying season upon us now is the time for prospective home buyers to make their home financing plans among the many options available. Hopefully home buyers have spent the winter evaluating neighborhoods, learning about area schools and driving neighborhoods where they may want to live. Now comes the time to decide how to pay for that dream home.
FHA home loans have been very popular among first time home buyers since the collapse of the mortgage industry. The reason why the loan is popular is because FHA loans are accompanied by low mortgage rates and some of the least stringent underwriting guidelines. However, the biggest drawback to FHA loans over the past few years has been the high cost of mortgage insurance.
There are 800,000 to 850,000 of mortgages in the United States today that are extremely delinquent. This is beyond the so called “shadow inventory” (1.7 million) of mortgages in arrears ninety days or more. Can you imagine how that could disrupt the Real Estate market if suddenly these homes hit the market?
It's your kid and you'll cry if you want to 'cause breaking up for summer camp is hard to do! As school comes to an end, many parents are sending their kids to Christian summer camps to learn about religion and life as well as experience a bit of freedom. But how can you handle it when you miss your kids? See what Daddy Nickell has to say about it.
There are things in life that can be the difference between life and death. This writer believes that compassion is one of things that if received will change us forever, and if given to others can be life changing. If we look at the definition of compassion, it reminds us of the kind of compassion that Jesus had on the crowds when he saw them.
Tomorrow is Mother's Day, a time when all mothers such as myself reflect on the role we play in our loved ones' lives. Daddy Nickell wrote an open letter to his wife for Mother's Day that perfectly summarizes our role and how we want others to feel about it.