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

Calculating a Mortgage Mortgages can be complicated business – fortunately there are a ton of great calculators out there that take the legwork out of ...

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

Removal of Tax Liens and Judgments Might Boost Mortgage Approvals

Removal of Tax Liens and Judgments Might Boost Mortgage Approvals
June 22, 2017 No Comments »

Beginning July 1st, the credit reporting bureaus (Equifax, Experian, TransUnion) will begin wiping tax liens and judgments off of millions of credit reports in a bid to improve accuracy. The backstory is that a lot of errors were showing up ... Read More »

Mortgages Are Now Just as Risky as They Were During the Early 2000s

Mortgages Are Now Just as Risky as They Were During the Early 2000s
June 20, 2017 No Comments »

A new analysis from CoreLogic reveals that mortgage risk is on the rise and now similar to levels seen in the early 2000s. The good news is that credit risk isn’t mirroring levels seen in the mid-2000s, right before the ... Read More »

Guild Mortgage Latest to Offer a 1% Down Payment Mortgage

Guild Mortgage Latest to Offer a 1% Down Payment Mortgage
June 14, 2017 No Comments »

It seems 1% down is the new zero down in the mortgage world, with San Diego-based Guild Mortgage the latest to join the fray. The independent mortgage bank, like others before it, will take advantage of a grant to give ... Read More »

Mortgage Payments Historically Expensive Despite Low Rates

Mortgage Payments Historically Expensive Despite Low Rates
June 12, 2017 No Comments »

Remember all those articles (including some on this blog) that claimed mortgage rates would have to rise to X percent in order for homes to become unaffordable? Well, mortgage rates have been pretty flat for the past several years, and ... Read More »

Movement Mortgage Launches Zero Down Mortgage Called MAP

Movement Mortgage Launches Zero Down Mortgage Called MAP
June 7, 2017 No Comments »

Movement Mortgage is the latest of many mortgage lenders to offer a zero down option for prospective home buyers, referred to as the Mortgage Assistance Program, or MAP. Like others before it, the MAP will rely on a 3% grant ... Read More »

Magilla Lets You Shop Mortgage Lenders Anonymously

Magilla Lets You Shop Mortgage Lenders Anonymously
June 5, 2017 No Comments »

There’s a new disruptor in the mortgage space called Magilla that lets you shop for a mortgage anonymously, assuming you don’t want lenders to bug you. They refer to themselves as the “search engine for loans” because you can shop ... Read More »

Stearns Lending Offering Discounted Mortgage Payment for the First Two Years

Stearns Lending Offering Discounted Mortgage Payment for the First Two Years
May 25, 2017 No Comments »

A new promo from Stearns Home Loans sounds almost too good to be true – the lender is offering to buy down your mortgage rate for the first two years without any upfront costs. Pay attention to that last part, ... Read More »

Zillow Instant Offers: For Those Who Want to Sell Their Home Fast

Zillow Instant Offers: For Those Who Want to Sell Their Home Fast
May 24, 2017 No Comments »

The online real estate marketplace Zillow has just launched a new feature called “Zillow Instant Offers,” aimed at helping seemingly impatient sellers quickly offload their homes. In short, their research has found that some homeowners want a “faster, simpler selling ... Read More »

Traditional 20% Mortgage Down Payment Could Be Cut in Half

Traditional 20% Mortgage Down Payment Could Be Cut in Half
May 22, 2017 No Comments »

I recently wrote about the need to put down 20% when buying a home, which although often recommended, isn’t a necessity these days. There are programs from both the FHA and Fannie Mae and Freddie Mac that allow much lower ... Read More »

Can Credit Card Churning Hurt Your Chances of Getting a Mortgage?

Can Credit Card Churning Hurt Your Chances of Getting a Mortgage?
May 18, 2017 No Comments »

These days, it’s not uncommon for individuals to open a bunch of credit cards in a short span of time to acquire lots of points and/or cash back. Those who do it on a serial basis are known as churners. ... Read More »