Historically low rates: Everyone in the mortgage business these days is discussing historically low rates and how long this trend might last. We’ve even devoted previous episodes of the PERL Mortgage Podcast to discuss rates and whether or not they’re actually quote unquote historically low. Now that we know that they are, let’s talk about why. Barry Schwartz, mortgage advisor with PERL Mortgage, discusses historically low rates and why they’re currently ultra low.

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All about FHA Guidelines: Over the past couple of years, changes in the mortgage lending industry have limited some loan programs carrying options for borrowers to obtain financing with little money down. These days, one of the best avenues for potential buyers to obtain financing with as little as 3.5% down is through the Federal Housing Administration, or FHA. But if you’re buying a condo with an FHA loan, your new condo needs to adhere to FHA guidelines. Leland Maniloff, Underwriting Manager at PERL Mortgage, discusses FHA guidelines in the third of a three-part series about FHA financing.

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All about FHA Approvals: In order to open-up more homebuying opportunities to potential buyers looking to bring as little as 3.5% down to the closing table, many developers, real estate agents and financial institutions work to ensure that condo buildings and developments are FHA approved. Leland Maniloff, Underwriting Manager at PERL Mortgage, discusses the FHA approvals in the second of a three-part series about FHA financing.

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All about FHA: In 1934, the Federal Housing Administration was created as part of the National Housing Act to improve housing standards and conditions. Today, the acronym FHA means much more to those in the mortgage business looking to approve borrowers for loans with low money down. Leland Maniloff, Underwriting Manager at PERL Mortgage, discusses the history of the FHA in the first in a three-part series about FHA financing.

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What is a Refi Boom? When you buy a home and secure a home loan, you’ll obtain a mortgage note detailing the amount to be repaid, the full term of the loan, and the interest rate at. And when rates go down, most homeowners refinance their mortgages to save money. And sometimes, for a variety of reasons, a high percentage of home owners find themselves in a position to refinance their home loans, causing a boom of refinances – or what’s known in the industry as a Refi Boom. Barry Schwartz, mortgage advisor with PERL Mortgage, discusses the concept of Refi Booms in today’s economy.

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