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

Chase to Pay Out More Than $50 Million in Robosigning Settlement

Chase to Pay Out More Than $50 Million in Robosigning Settlement
March 6, 2015 No Comments »

If you are one of the more than 25,000 homeowners who is/was going through bankruptcy and have/had a mortgage with Chase, you might be owed some compensation. Earlier this week, the megabank reached a deal with the Department of Justice’s ... Read More »

Mortgage Rates Can Move Very Quickly

Mortgage Rates Can Move Very Quickly
March 3, 2015 No Comments »

If the past six weeks has taught us anything, it’s that mortgage rates can and will move very quickly. And often in the wrong direction…yep, up, not down. The same goes with gas prices, which were actually below $2 a ... Read More »

BBVA Compass Launches No Down Payment Mortgage

BBVA Compass Launches No Down Payment Mortgage
February 26, 2015 2 Comments »

Sure, Fannie and Freddie now allow LTVs as high as 97%, and the FHA only requires 3.5% down, but why stop there? Today, BBVA Compass announced the launch of its “Home Ownership Made Easier” (HOME) loan program, which allows borrowers ... Read More »

Folks, Don’t Forget to Cash Your Foreclosure Checks

Folks, Don’t Forget to Cash Your Foreclosure Checks
February 19, 2015 2 Comments »

What good is a settlement if you don’t actually cash your check? Oh wait, I think I just answered my own question. But all jokes aside, some 600,000 checks mailed to homeowners as part of the Independent Foreclosure Review have ... Read More »

Discover May Exit the Mortgage Biz

Discover May Exit the Mortgage Biz
February 17, 2015 No Comments »

After only about three years, Discover might be looking to get out of the mortgage business, per a new interview with Discover Financial CEO David Nelms. The credit card company officially launched Discover Home Loans in June of 2012 after ... Read More »

Trulia: The Home Price Rebound Is Over, Jobs Are Now Key

Trulia: The Home Price Rebound Is Over, Jobs Are Now Key
February 11, 2015 No Comments »

A new analysis from Trulia, soon to be taken over by Zillow (maybe), claims the home price rebound is over. In other words, home price gains resulting from the prior crisis are kind of baked in at this point. And ... Read More »

Appraisers and Homeowners Finally Agree on Home Values Again

Appraisers and Homeowners Finally Agree on Home Values Again
February 11, 2015 No Comments »

Maybe home prices are finally where they should be. A new study from Quicken Loans revealed that the gap between appraisers’ opinions of home values and those of homeowners narrowed significantly in January. In fact, appraisers only valued homes 0.18% ... Read More »

Maybe Down Payment Isn’t a Hurdle to Homeownership

Maybe Down Payment Isn’t a Hurdle to Homeownership
February 5, 2015 No Comments »

One of the biggest barriers to homeownership is amassing the large down payment necessary to purchase a property. This is especially true post-housing crisis, with no money down mortgages largely a thing of the past through traditional avenues. Interestingly, studies ... Read More »

Google Launches Mortgage Calculator Within Search Results

Google Launches Mortgage Calculator Within Search Results
February 4, 2015 No Comments »

Looking to calculate a potential mortgage payment on the fly? Instead of searching for a mortgage calculator, you can now do some calculations simply by typing a query in the Google search box on your browser. Yesterday, the search behemoth ... Read More »

35% of Homeowners Don’t Know Their Own Mortgage Rate?

35% of Homeowners Don’t Know Their Own Mortgage Rate?
February 3, 2015 No Comments »

A new survey from Bankrate revealed that 35% of homeowners with a mortgage don’t even know what their interest rate is. Or at best they’re somewhere between “somewhat confident and not all confident” about what that rate is. Conversely, 65% ... Read More »