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

Paying Your Mortgage Faster So You Can Actually Sell Your Home

Paying Your Mortgage Faster So You Can Actually Sell Your Home
April 28, 2016 No Comments »

Most people seem to be obsessed with paying off their mortgage early, whether it’s good for them or not. Clearly it’s a psychological victory to tackle a giant debt and free yourself from the grips of your evil mortgage lender. ... Read More »

Can We Use These Charts to Predict the Next Housing Crisis?

Can We Use These Charts to Predict the Next Housing Crisis?
April 26, 2016 No Comments »

The Urban Institute released its monthly chartbook today, which provides tons of data about the mortgage market. As I scanned through it, I came across three charts I felt kind of summed up where we’re at in the current housing ... Read More »

Home Sellers Seeing Biggest Price Gains Since 2007

Home Sellers Seeing Biggest Price Gains Since 2007
April 21, 2016 No Comments »

Should we worry? Home sellers are hitting it out of the park, a potentially ominous sign we’ve gotten a little too house happy again, this according to a new report from RealtyTrac. The company’s data revealed that U.S. home sellers ... Read More »

Should You Buy a Home Where the FHA Loan Share Is High?

Should You Buy a Home Where the FHA Loan Share Is High?
April 20, 2016 No Comments »

Another one of those wonky Federal Reserve papers was released last week, which made the claim that government-backed mortgage insurance promoted a faster recovery post Great Recession. I had to read it about four times to understand it, that’s a ... Read More »

Bernie Sanders Wants Every Homeowner to Get the Mortgage Interest Deduction

Bernie Sanders Wants Every Homeowner to Get the Mortgage Interest Deduction
April 20, 2016 No Comments »

It’s that time of the year again, when presidential hopefuls lay out their plans to save America and get the nation back on its feet. While a lot of it is just noise, I do enjoy reading about the candidates’ ... Read More »

Get a Fixed Mortgage If You’re Worried You Won’t Be Able to Get Another One

Get a Fixed Mortgage If You’re Worried You Won’t Be Able to Get Another One
April 19, 2016 No Comments »

Recently, I wrote about how an adjustable-rate mortgage can make a lot of sense if you’re not planning on staying in your home (or condo) too long. Most ARMs have a fixed period for some years so you can take ... Read More »

You Can Sell Your Home for More If It Looks Like a Barn

You Can Sell Your Home for More If It Looks Like a Barn
April 14, 2016 No Comments »

How to Boost Your Home’s Value If you’re thinking about listing your home in the coming months (or this month), you might be wondering what last minute improvements you can make to boost the value without breaking the bank. Generally, ... Read More »

LendingHome Declares Itself the Largest Mortgage Marketplace Lender

LendingHome Declares Itself the Largest Mortgage Marketplace Lender
April 13, 2016 No Comments »

LendingHome, a marketplace lender that claims it’s “the best way for borrowers to get a mortgage,” announced this week that it funded more than $550 million in mortgage loans during 2015. That represents a 600% increase from 2014 as marketplace ... Read More »

Why You May Want to Apply for That Mortgage Alone

Why You May Want to Apply for That Mortgage Alone
April 6, 2016 No Comments »

Conventional wisdom tells us that two salaries are better than one, especially when it comes to qualifying for a mortgage. Put simply, the collective income should increase what you can afford in the way of a house, meaning you might ... Read More »

Cash Out vs. HELOC vs. Home Equity Loan

Cash Out vs. HELOC vs. Home Equity Loan
April 6, 2016 No Comments »

Cash Out Your First Mortgage or Take Out a HELOC/Home Equity Loan? It has been nearly a year since my last mortgage match-up, so without further ado, let’s discuss a new one: “Cash out vs. HELOC vs. home equity loan.” ... Read More »