Fixed Mortgage Rates Move Slightly Higher, But Still At Record Lows

Fixed mortgage rates moved up slightly to 3.42% (30-Yr FRM) according to the Freddie Mac Weekly Primary Mortgage Market Survey.  The 15-Yr FRM moved to 2.71%.  However, these rates remain historically low, and continue to provide a positive envi

Changes are Coming to Reverse Mortgages

By the end of January 2013, the Federal Housing Administration (FHA) will announce changes to its Home Equity Conversion Mortgage (HECM) program.  The changes come on the heels of an audit of the reverse mortgage insurance portfolio that showed a neg

Congratulations THF 2012 Award Recipients

Before we close out 2012, and head into 2013, we'd like to congratulate the 2012 award recipients at Tidewater Home Funding.  These professionals were recognized for their exceptional contributions to the success of our business throughout the past y

Mortgage Insurance is Tax Deductible through 2013

Home Buyer Q & A

We are interested in purchasing a new home.  We currently own a home that is being rented but is financed using my VA eligibility.  We would like to purchase our new home with our VA eligibility as well.  How do we do th

Home Sales Continue To Improve In Hampton Roads

According to the Virginian-Pilot, sales of existing homes in South Hampton Roads continues to grow.  The medium price of existing homes also continues to improve.  "October marked the eighth consecutive month of year-over-year increases in