Should You Bother Refinancing Your Current Mortgage Rate? 7 Reasons Why You Can’t Refinance Your Mortgage Why Adjustable-Rate Mortgages Are Bad News Right Now 10 Ways to Build Home Equity A Mediocre Credit Score Will Cost You Big on Your Mortgage Should You Buy a House Now or Wait? 6 Things Holding Renters Back From Becoming Homeowners

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 ...

7 Reasons Why You Can’t Refinance Your ...

With mortgage rates so low, just about everyone and their mother has at least inquired about refinancing. Unfortunately, a lot of current homeowners are finding ...

Why Adjustable-Rate Mortgages Are Bad News Right ...

With mortgage rates as low as they are at the moment, you may be looking beyond fixed-rate options if you’re in the market to purchase ...

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 ...

Should You Buy a House Now or ...

With mortgage rates on long-term fixed-rate mortgages finally slipping into the 3% range, mind you just barely, more fence-sitters may be pondering this very question. ...

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

One in Four Homeowners Wouldn’t Buy Their Current Home Again If Given the Chance

One in Four Homeowners Wouldn’t Buy Their Current Home Again If Given the Chance
April 24, 2014 No Comments »

Two words: Buyer’s remorse. Not a big deal when buying lunch, but a pretty huge deal when purchasing a home you don’t like. A new survey from Redfin and Harris Poll revealed that a good chunk of Americans aren’t too ... Read More »

Where Home Sales Are Moving the Fastest…and Slowest

Where Home Sales Are Moving the Fastest…and Slowest
April 23, 2014 No Comments »

Real estate is local. We hear that constantly, despite being force-fed national housing statistics all the time.  But both serve a unique purpose to give us clues about the direction of the overall economy, or just our local housing market. ... Read More »

Don’t Count on the FHA Lowering Insurance Premiums Anytime Soon

Don’t Count on the FHA Lowering Insurance Premiums Anytime Soon
April 22, 2014 No Comments »

The fight to keep the FHA affordable to would-be home buyers is heating up. Despite some intense efforts to get the FHA to bring down its annual mortgage insurance premiums to pre-crisis levels, it probably won’t happen this year. Or ... Read More »

As Real Estate Recovers, Americans Say Housing Is the Best Long-Term Investment

As Real Estate Recovers, Americans Say Housing Is the Best Long-Term Investment
April 22, 2014 No Comments »

A new survey from Gallup revealed that Americans are increasingly bullish on housing as a long-term investment. Earlier this month, the polling company conducted phone interviews with over a 1,000 participants to determine the most attractive investment option out there. ... Read More »

The 3% Down Payment Mortgage Has Returned

The 3% Down Payment Mortgage Has Returned
April 21, 2014 No Comments »

Well that didn’t take long. Only about six months after we bid adieu to 3% down mortgages, they have resurfaced. But this time things are a little different. Though Fannie Mae and Freddie Mac still don’t accept mortgages with less ... Read More »

The Typical Renter Needs an FHA Loan to Buy a House

The Typical Renter Needs an FHA Loan to Buy a House
April 17, 2014 No Comments »

Last week, the National Association of Realtors (NAR) argued that higher mortgage insurance premiums at the FHA have priced out scores of renters nationwide. Long story short, FHA financing is generally the cheapest option around for those with little set ... Read More »

Can Low Mortgage Rates Save the Spring Home Buying Season?

Can Low Mortgage Rates Save the Spring Home Buying Season?
April 17, 2014 No Comments »

So far, the traditionally strong spring home buying season is off to a not-so-great start. A pair of reports from DataQuick revealed that home sales in Northern and Southern California were at six-year lows in March, despite a strong seasonal ... Read More »

The Nation’s Most Expensive Short Sale Finally Sold This Week

The Nation’s Most Expensive Short Sale Finally Sold This Week
April 15, 2014 No Comments »

Sure, short sales have come to a relative crawl after carving out a decent slice of the real estate market over the past couple years, but there are still some stragglers gaining bank approval and closing. One of the more ... Read More »

Higher FHA Premiums May Have Priced Out 375,000 Potential Home Buyers

Higher FHA Premiums May Have Priced Out 375,000 Potential Home Buyers
April 9, 2014 2 Comments »

Earlier this week, the National Association of Realtors sent a letter to FHA Commissioner Carol Galante urging her to rethink the agency’s new mortgage insurance structure. Since 2011, annual mortgage insurance premiums have risen from 90 basis points to 135 ... Read More »

Mortgage Lending Hits Lowest Point Since at Least the Year 2000

Mortgage Lending Hits Lowest Point Since at Least the Year 2000
April 7, 2014 No Comments »

A new report from Black Knight Financial Services revealed that monthly mortgage origination volume fell to its lowest point on record in February. And recent prepay speeds signal even more declines in refinance volume in the near future. The company ... Read More »