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 Refinance

Mortgage match-ups: “Cash-out refinance vs. rate and term refinance.” It’s time for another installment of mortgage match-up, though this installment is more about distinction than ...

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 core issues ...

Latest Posts

loanDepot Has a 150-Day Rate Lock for Those Who Want Today’s Rates This Summer

loanDepot Has a 150-Day Rate Lock for Those Who Want Today’s Rates This Summer
February 14, 2018 No Comments »

I came across a flyer today from loanDepot advertising a 150-day rate lock for borrowers interested in today’s mortgage rates, who are worried (like everyone else) that they’ll be a lot higher later this year. It’s not unusual for mortgage ... Read More »

How Lenders Are Still Able to Offer Low Mortgage Rates Despite the Recent Uptick

How Lenders Are Still Able to Offer Low Mortgage Rates Despite the Recent Uptick
February 13, 2018 No Comments »

If you’ve been awake at any time over the past few weeks, you may have noticed that mortgage rates aren’t as low as they once were. What gives? Well, one downside to a strong economy is higher inflation expectations, and ... Read More »

Higher Mortgage Rates Likely to Have Little Effect on Housing Market

Higher Mortgage Rates Likely to Have Little Effect on Housing Market
February 12, 2018 No Comments »

Well, it’s been a stressful couple of weeks, and the way the stock market is swinging at the moment, it doesn’t appear to be abating. Grab your Tums, buckle your seat belt, and hang on. Don’t you love waking up ... Read More »

Airbnb Income Can Officially Be Used to Qualify for a Mortgage Refinance

Airbnb Income Can Officially Be Used to Qualify for a Mortgage Refinance
February 8, 2018 No Comments »

Call it a sign of the times, or perhaps the power of the sharing, or “gig” economy. You can now officially use Airbnb income to qualify for a mortgage refinance with select lenders. Yes, if you’ve been renting out your ... Read More »

Housing Market Sentiment Hits All-Time High Despite Rates, Prices

Housing Market Sentiment Hits All-Time High Despite Rates, Prices
February 7, 2018 No Comments »

While it’s been a rough couple of weeks in terms of mortgage rates and the wider economy (stock market rout), consumers have never been more amped on the housing market, this according to Fannie Mae. The company’s Home Purchase Sentiment ... Read More »

Top Reverse Mortgage Lender AAG Now Offering Forward Mortgages

Top Reverse Mortgage Lender AAG Now Offering Forward Mortgages
February 7, 2018 No Comments »

File this one under: why didn’t we (they) think of this sooner. While it might seem like a no-brainer in hindsight, top reverse mortgage lender American Advisors Group (AAG) will now start serving up forward mortgages to its customers. Reverse ... Read More »

Quicken Loans Is the Largest Home Loan Lender for the First Time Ever

Quicken Loans Is the Largest Home Loan Lender for the First Time Ever
February 2, 2018 No Comments »

Anyone watching this space knew it was going to happen, but perhaps not this fast. Quicken Loans officially became the largest mortgage lender in the country during the fourth quarter of 2017, surpassing its long-time rival Wells Fargo. The Detroit-based ... Read More »

Better Mortgage Is Giving Home Buyers Pre-Offer Appraisals to Help Them Compete

Better Mortgage Is Giving Home Buyers Pre-Offer Appraisals to Help Them Compete
February 1, 2018 No Comments »

In a bid to get a leg up on the competition, Better Mortgage is allowing prospective home buyers to get an appraisal on a property before actually making an offer. Ideally, this gives them the power to go head-to-head with ... Read More »

Mortgage Rates Are Lower Than They Were a Year Ago

Mortgage Rates Are Lower Than They Were a Year Ago
January 25, 2018 1 Comment »

Can I rant about mortgage rates for a minute? I just can’t help myself. First things first, current mortgage rates are actually lower today than they were a year ago. Let’s make that clear. This is true despite the headlines ... Read More »

10 Reasons to Buy a House Other Than for the Investment

10 Reasons to Buy a House Other Than for the Investment
January 18, 2018 No Comments »

There are a lot of good reasons to buy a house, and probably a lot of bad ones too. But all too often, folks seem to get fixated on the investment side of things above all else, as if they’re ... Read More »