hitler rails on hvcc
I got some big news coming soon. In the meantime, here is a funny video that I nicked from Steve Dalton over at First Financial in Portage. If you are looking for a good Northwest Indiana first time home buyer rep in the Mortgage industry he is one of the best. Well, [...]
Read more »Indiana Mortgage Economic Calender
There is a lot going on this week when it comes to the Fed and which way mortgage rates could go. Watch this quick video to better explain it.
you got any questions just let me know
Dave
Don’t Wait to Buy an Indiana Home
- Waiting Could Cost You $1000’s
This is no April Fool’s joke, but if you wait to buy an Indiana home you will be the fool. On April 5th, the required up-front mortgage insurance premium (MIP) will increase to 2.25%. So, buying a $150,000 home in Indiana with 3.5% down payment of $5250, [...]
FHA and the “Flipper”
As foreclosures increase across the United States and that includes Indiana, banks are looking for ways to sell their overloaded REO inventory.
FHA has devised a plan that should be able to help many of those that buy homes, do some fixing up of the home and put it back on the [...]
Mad Mortgage Machine Ep.1
- Where do mortgage rates come from?
Certainly, not the Mortgage Rate Fairy and certainly not the 10 year T-bill, but from mortgage backed bonds.
My “shopping around” tool is not quite ready for prime time it will be uploaded very soon
How a little change in rates have an affect on your monthly principle & interest (very [...]
Mad Mortgage Machine Podcast Ep. #0
This week is the first show, full of “ums” and “ahs” as I bumble along trying to edit and get better. I miss radio where I had a partner and I could bounce things off of them. Enjoy the show, Episode #1 will be out tomorrow sometime.
Dave
Indiana FHA Loan Limits for 2010
This week HUD updated the FHA Loan Limits for Indiana. The good news they remain unchanged from 2009.
Porter and Lake Counties FHA Loan Limits will remain with:
1 unit – $410,000
2 unit – $524,850
3 unit – $634, 450
4 unit – $788, 450
The rest of Indiana including LaPorte, St. Joseph and beyond
1-unit : $271,050
2-unit : $347,000
3-unit : [...]
Who in Indiana needs me?
I was thinking just the other day, “who needs me”. No, I was not feeling sorry for myself ready to drive into the oncoming traffic and end it all, but who out there needs my services. Who NEEDS me! Who can use my services?
This is what I came up with (in no particular order), and [...]
Exciting News Coming Soon
Just when you thought it was safe to go back into the water….
I am not just angry…I am MAD
NW Indiana Real Estate's Magic Number
Now, more than ever, is the time to buy in NW Indiana, with about 11 months of home inventories nationwide and home interest rates nearly all time lows one more time this year and not to mention the Indiana first time home buyer tax credit is set to expire at then end of November.
Well, many [...]


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