Latest Posts
2011 Mortgage Lending Volume Lowest In Over a Decade
You may have thought that mortgage lenders were raking it in, what with the record low mortgage rates currently on offer. But 2011 was actually the slowest 365 days in... Read More »
Obama’s State of the Union Reveals Little About Mortgage Plan
So amid all the endless clapping and standing ovations, Obama did manage to get a few words out about the prospective mass mortgage refinancing plan during his State of the... Read More »
Here’s What the Foreclosure Settlement May Look Like
So it’s looks as if they’re finally getting around to finalizing that huge compensation deal related to all those unlawful foreclosures. Five of the nation’s biggest banks, including Ally Financial,... Read More »
Do I Qualify for a Mortgage?
Sometimes I tend to skip past the seemingly basic mortgage questions, assuming everyone already knows the simple stuff. Unfortunately, that’s not the case, and much of what I think is... Read More »
Mortgage Crisis Foreshadowing
I think a lot. Often, about mortgages. In fact, a day doesn’t go by when I don’t try to think of topics to write about on this very website. It’s... Read More »
Are Mortgage Rates Going to Stay Low?
Well, it happened again. Mortgage rates crept down to yet another record low. It’s getting old at this point. To be honest, I’m sick of even talking about. Another week,... Read More »
Why Principal Reductions on Loan Mods Aren’t the Move
Unless you live under a rock, you’ve likely heard stirrings of a mega super duper fantastic solve-all trillion-dollar refinance program in the works to save America once and for all.... Read More »
Freddie Mac Expands Unemployed Mortgage Forbearance
Mortgage financier Freddie Mac announced late last week that it was expanding its forbearance program for unemployed borrowers. Beginning on February 1, mortgage loan servicers will be able to offer... Read More »
Mass Mortgage Refinancing Plan: Obama’s Ace In the Hole
We’ve heard talk of mass refinancing plans for years now, but nothing has quite delivered. Sure, the Home Affordable Refinance Program (HARP) was recently expanded to allow just about any... Read More »
Happy Holidays: Your Gift is Record Low Mortgage Rates
You guessed it. Just in time for the holidays, mortgage rates fell to yet a new record low. Average interest rates on the popular 30-year fixed-rate mortgage slipped to 3.91%... Read More »
