Demystifying How Mortgages Are Calculated Mortgage Due Dates 101 Cash Out Refinance vs. Rate and Term Refinance Should You Bother Refinancing Your Current Mortgage Rate? 10 Ways to Build Home Equity A Mediocre Credit Score Will Cost You Big on Your Mortgage 6 Things Holding Renters Back From Becoming Homeowners

Demystifying How Mortgages Are Calculated

Mortgages can be complicated business – fortunately, there are tons of great calculators out there that take the legwork out of trying to do all ...

Mortgage Due Dates 101

If you recently took out a mortgage, or have been thinking about financing a piece of property, you may be wondering when your mortgage payments ...

Cash Out Refinance vs. Rate and Term ...

It’s time for another mortgage match-up, though this installment is more about distinction than rivalry. If you’re in the market to refinance your current mortgage ...

Should You Bother Refinancing Your Current Mortgage ...

If you don’t mind, let me beat a dead horse. Mortgage rates are at or near record lows and you could save a ton of ...

10 Ways to Build Home Equity

These days, home equity is all the rage. During the housing boom, it was all about tapping into your home equity with a line of ...

A Mediocre Credit Score Will Cost You ...

While there are a number of factors that determine what mortgage rate you’ll qualify for, assuming you can indeed qualify for a mortgage, perhaps the ...

6 Things Holding Renters Back From Becoming ...

A new survey from real estate listing service Trulia revealed that 59 percent of renters aspire to be homeowners, but there are six main issues ...

Latest Posts

EquityKey Gives You Money Now for Future Home Price Appreciation

EquityKey Gives You Money Now for Future Home Price Appreciation
September 2, 2015 No Comments »

While browsing the web the other day, an ad popped up on the screen for a company called EquityKey. Normally I’m not too moved by banner ads, but this particular ad aligned nicely with the type of stuff I talk ... Read More »

Here’s Why You Won’t Be Getting a Low Down Payment Adjustable-Rate Mortgage

Here’s Why You Won’t Be Getting a Low Down Payment Adjustable-Rate Mortgage
September 1, 2015 No Comments »

In the wonderful world of mortgage underwriting, risk dictates everything. The more risk you present to a lender, the harder it will be to get approved for a loan. That amount of risk will also determine what interest rate you’ll ... Read More »

Why You Cant Sell Your Home Even If You’d Like To

Why You Cant Sell Your Home Even If You’d Like To
August 27, 2015 No Comments »

In California, the majority of homeowners who have pondered selling in the past year haven’t because they can’t find a replacement home. You’ve heard about inventory constraints and those obviously affect existing homeowners as well unless they make the odd ... Read More »

Fannie Mae HomeReady Will Help Lower Income Borrowers Get Mortgages

Fannie Mae HomeReady Will Help Lower Income Borrowers Get Mortgages
August 25, 2015 No Comments »

In an effort to boost home loan lending to lower- and moderate-income borrowers, Fannie Mae has created a new program called “HomeReady.” Fannie didn’t release all the details yet, but they expect to roll out the program later this year, ... Read More »

Jumbo Loans Now Available with Just 5% Down

Jumbo Loans Now Available with Just 5% Down
August 25, 2015 No Comments »

It sounds like the credit box is beginning to open up a bit more, maybe too much if the latest product announcements are any indication. This week, Parkside Lending launched a new jumbo mortgage that only requires a five percent ... Read More »

Is the Stock Market Correction Good or Bad for Homeowners?

Is the Stock Market Correction Good or Bad for Homeowners?
August 24, 2015 1 Comment »

So the inevitable happened – the U.S. stock market corrected after questions about the questionable Chinese economy sparked a global selloff. Over the past few trading days, the Dow, Nasdaq, and S&P 500 have all fallen by more than 10% ... Read More »

New Real Estate Trend: Sell Existing Home Before Buying Another

New Real Estate Trend: Sell Existing Home Before Buying Another
August 19, 2015 No Comments »

A new survey from online real estate brokerage Redfin regarding home buyer sentiment found that existing owners are a lot more likely to sell before purchasing a new home. In fact, the percentage of survey participants who said they would ... Read More »

Why It Might Get Easier to Obtain a FHA Loan with a Poor Credit Score

Why It Might Get Easier to Obtain a FHA Loan with a Poor Credit Score
August 19, 2015 No Comments »

The Federal Housing Administration (FHA) already has some of most relaxed mortgage underwriting guidelines around, but many lenders don’t originate loans based on their standards. I often receive questions like, “I have a 600 credit score but they won’t approve ... Read More »

How to Pay the Mortgage with a Credit Card for Free and Make Money Doing It

How to Pay the Mortgage with a Credit Card for Free and Make Money Doing It
August 7, 2015 2 Comments »

Back during the housing boom aka meltdown there were services that allowed homeowners to make their mortgage payments with a credit card. These services charged fees for the convenience, and looking back, they were probably only offered because people couldn’t ... Read More »

100+ Not So Great Places to Buy a Home

100+ Not So Great Places to Buy a Home
August 3, 2015 No Comments »

Below is an extensive and exhaustive (and silly but somewhat serious) list of places where it might not make the best sense to buy a house, assuming you want to realize healthy home price appreciation and enjoy a high quality ... Read More »