Gordon Gardner

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Getting a home loan after a major financial setback like bankruptcy IS POSSIBLE. https://www.fha.com/fha_article?id=4245

Mortgage rates climbed to 6.46% for the week ending April 2, a seven-month high and the fifth straight weekly increase, as the Iran war fuels market instability and drives up oil prices, according to Freddie Mac. In his primetime address to the nation Wednesday night, President Donald Trump warned of escalating military action against Iran in the "next two to three weeks" while providing no concrete exit strategy. Following his remarks, the price of a barrel of West Texas Intermediate jumped 10%, hitting $110 a barrel for the first time in over three weeks.

Mortgage applications fell 10.4% for the week ending March 27, the third straight weekly decline, as rates climbed to 6.38%, the highest in more than six months, according to the Mortgage Bankers Association. Purchase applications dropped 3% week over week but remain 1% above year-ago levels. Refinance applications fell 17% but are still 33% higher than a year ago.

FHA loan credit qualification rules--what you NEED TO KNOW before you apply. https://www.fha.com/fha_article?id=1177

Some borrowers are not sure which loan option is BETTER for THEM. https://www.fha.com/fha_article?id=4169

November 4th elections

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What to know about FHA home loan guidelines to qualify. https://www.fha.com/define/loan-guidelines