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

White House Asks Lenders to Offer Lower Mortgage Rates to the Military

White House Asks Lenders to Offer Lower Mortgage Rates to the Military
August 27, 2014 2 Comments »

There’s been a lot of news coverage lately concerning veterans not receiving proper medical care. Sadly, that’s just one area where our military isn’t being treated appropriately. Whether active duty military realize it or not, they’re also entitled to special ... Read More »

A Russian Bank Is Offering Free Cats to New Mortgage Customers

A Russian Bank Is Offering Free Cats to New Mortgage Customers
August 27, 2014 No Comments »

It’s not uncommon for banks and mortgage lenders to offer special perks to customers who take out mortgages. After all, a mortgage is somewhat of a commodity, despite there being many different types of loans and lenders out there, and ... Read More »

What You Can Afford Isn’t Necessarily What You Should Spend on a Home

What You Can Afford Isn’t Necessarily What You Should Spend on a Home
August 21, 2014 No Comments »

Most individuals shopping for a home will determine how much they can afford before beginning a property search. It’s the sensible thing to do. This could include back-of-the-envelope calculations, online calculators, and even a pre-approval letter from a bank or ... Read More »

Some Homeowners Will Receive Permanent 2% Interest Rates Thanks to Bank of America Mortgage Settlement

Some Homeowners Will Receive Permanent 2% Interest Rates Thanks to Bank of America Mortgage Settlement
August 21, 2014 2 Comments »

Today, Bank of America reached a historic agreement with the U.S. Department of Justice to pay the largest settlement in U.S. history related to toxic mortgage loans it knowingly sold to investors. In short, the company admitted that it misrepresented ... Read More »

Median Down Payments Have Surged For Entry Level Homes

Median Down Payments Have Surged For Entry Level Homes
August 20, 2014 No Comments »

While interest rates continue to hover near record lows, many of today’s first-time home buyers may find it difficult to come up with the money required to purchase a property. At the end of the day, a low interest rate ... Read More »

Rising Rents Could Be a Good Reason to Buy a Home Today

Rising Rents Could Be a Good Reason to Buy a Home Today
August 13, 2014 No Comments »

Despite the fact that home prices have risen by double-digits over the past couple years, buying might still beat renting because monthly rents are also climbing at a rapid clip. Lately, there have been numerous reports and frightening new stories ... Read More »

Apparently It’s Not a Housing Bubble, But an Affordability Crisis

Apparently It’s Not a Housing Bubble, But an Affordability Crisis
August 7, 2014 No Comments »

Here’s some good news, if you can call it that. Real estate experts at a recent housing forum in San Francisco determined that we are in the midst of an “affordability crisis,” not a housing bubble. Jed Kolko of Trulia ... Read More »

Have Massive Home Price Gains Eclipsed the Benefit of Low Mortgage Rates?

Have Massive Home Price Gains Eclipsed the Benefit of Low Mortgage Rates?
August 6, 2014 No Comments »

The new threat to those resisting the urge to buy real estate (how dare you) is the risk of rising mortgage rates. All the pundits believe interest rates are headed closer to 5% for a 30-year fixed, up nearly a ... Read More »

Home Builders Claim $1,000 Price Increase Can Shut 200,000 Out of the Market

Home Builders Claim $1,000 Price Increase Can Shut 200,000 Out of the Market
August 4, 2014 No Comments »

You know that old saying, “Every little bit helps.” Well, the opposite might also be true when it comes to home prices. A new study from the National Association of Home Builders (NAHB) revealed that a mere $1,000 increase in ... Read More »

New Fannie Mae Guideline Could Shut Out Some Buyers Who Sold Short

New Fannie Mae Guideline Could Shut Out Some Buyers Who Sold Short
July 31, 2014 No Comments »

In the next couple weeks, it might be harder to buy a new property after experiencing a short sale, assuming you plan on using a Fannie Mae-backed loan to get the job done. Earlier this week, the GSE announced plans ... Read More »