4-11-12 Mortgage Update & Can a non-permanent resident apply for a home loan?

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We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Fha Interest Rates . The current sell off in the stock market for the past two days has had a positive impact on rates. We've seen them decline in the past couple of days and I believe we'll continue on with this for the week. We have 5 market moving reports coming out this week, 3 on Thursday; International Trade, Jobless Claims, Produce Price Index and 2 on Friday; Consumer Price Index and Consumer Sentiment. However, I think the market is more concerned about the sell off and has already anticipated that the actual numbers will be either at or below the forecast. Given that, my position this week is to 'Lock'. Topic of the week: Can a non-permanent resident obtain a home loan? I was referred a gentleman who held a H1B Visa and was attempting to purchase a home but was denied by a large institutional lender. I hope you have a great rest of the week and stay positive! Quote of the week: What do we live for if not to make life less difficult for each other -- George Eliot How to Lower your Homeowners Insurance Premium: helpdesk.blogs.money.cnn.com Lowball appraisals: Mortgage Denied money.cnn.com FHA Scrutinizes Minor credit disputes: money.cnn.com

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