Austin Real Estate Financing

Federal Government Takes Aim at Consumer Debt

The Department of Housing and Urban Development’s efforts to help borrowers understand what costs they are getting into (see http://blog.fineaustinliving.com/shopping-for-a-mortgage-should-get-easier-in-austin), is just one example of the federal government’s primary target as the U.S. economy comes out of this recession. Consumer Debt It’s easy, of course, to blame the housing industry for the financial mess. And … Continue reading Federal Government Takes Aim at Consumer Debt

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Shopping for a Mortgage Should Get Easier in Austin

With the arrival of a new year also came a new way to compare home loans. On January 1, new rules went into effect, which mandate that all home loan applicants be given a new version of the Department of Housing and Urban Development’s “Good Faith Estimate” form. The new form is designed to clarify … Continue reading Shopping for a Mortgage Should Get Easier in Austin

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