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

Fannie and Freddie Will Offer 3% Down Mortgages Again

Fannie and Freddie Will Offer 3% Down Mortgages Again
October 20, 2014 No Comments »

Some good news finally came out of Las Vegas today, and I’m not talking about someone winning a mega jackpot on an oversized one-armed bandit. During the Mortgage Bankers Association’s Annual Convention in Sin City, it was revealed that Fannie ... Read More »

The Rent vs. Buy Argument Depends on Mortgage Type Too

The Rent vs. Buy Argument Depends on Mortgage Type Too
October 15, 2014 No Comments »

Trulia releases a quarterly Rent Versus Buy report to determine if it makes more sense to buy a home or continue renting based on current metrics. Their latest report for the third quarter of 2014 revealed that buying is still 38% ... Read More »

Mortgage Rate Plunge! Time to Take Another Look at a Refinance/Purchase?

Mortgage Rate Plunge! Time to Take Another Look at a Refinance/Purchase?
October 15, 2014 No Comments »

As many long anticipated, the stock market finally took a major hit after months of seemingly endless gains. When it comes down to it, things can’t keep rising forever (remember home prices), and so we’re finally seeing some pullback, though ... Read More »

Man Offers to Sell Home In Exchange for an iPhone 6 or the 32 GB iPad

Man Offers to Sell Home In Exchange for an iPhone 6 or the 32 GB iPad
October 14, 2014 No Comments »

So a guy, an Austrian fellow named Andreas Gindelhuber, with apparent dreams of making money in real estate here in the United States, resorted to selling his home in exchange for an iPhone 6 last week. He originally purchased the ... Read More »

Should We Worry About a Triple Dip in Home Prices?

Should We Worry About a Triple Dip in Home Prices?
October 13, 2014 No Comments »

The weather is finally beginning to cool off and Halloween is just around the corner. Oh, and The Walking Dead is back on TV. It must be fall. Surely that means homes sales are going to slow down after the ... Read More »

Peer-to-Peer Lender SoFi Now Offering Mortgages to Smart People

Peer-to-Peer Lender SoFi Now Offering Mortgages to Smart People
October 9, 2014 No Comments »

A new lender has entered the mortgage space, but this one’s a little unique, and its offerings are too. You see, they’re a “marketplace lender,” otherwise known as a peer-to-peer lender, meaning everyday investors can provide funds to borrowers seeking ... Read More »

HELOC Volume Climbs 20 Percent from a Year Ago as Borrowers Tap Equity

HELOC Volume Climbs 20 Percent from a Year Ago as Borrowers Tap Equity
October 9, 2014 No Comments »

Here comes the home equity lending at long last! Now that homeowners actually have some ownership of their properties again, they’re beginning to take advantage of the low rates on offer. A new report from RealtyTrac revealed that home equity ... Read More »

Trulia Is Giving Away a House in Vegas via the Game of War

Trulia Is Giving Away a House in Vegas via the Game of War
October 7, 2014 No Comments »

I like to highlight contests that involve free houses and mortgage payoffs, and this one is a little stranger than most. Trulia, which should be a subsidiary of Zillow’s if all goes right on the regulatory front, is offering to ... Read More »

Ben Bernanke Claims He Was Unable to Refinance His Mortgage

Ben Bernanke Claims He Was Unable to Refinance His Mortgage
October 2, 2014 2 Comments »

While this might sound a little hard to believe, it has been reported that former Federal Reserve chairman Ben Bernanke was unable to refinance his mortgage.  Yup, he got straight up denied. You might be thinking, yeah right, why would ... Read More »

Using a Home Equity Loan to Pay Off Your First Mortgage

Using a Home Equity Loan to Pay Off Your First Mortgage
September 30, 2014 No Comments »

In case you weren’t aware, people tend to be obsessed with the idea of paying off their mortgages. For many, it’s a major lifelong goal to pay off the mortgage in full. For others, it’s a nagging debt that they’d ... Read More »