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

Why Don’t More People with High-Rate Mortgages Refinance?

Why Don’t More People with High-Rate Mortgages Refinance?
September 29, 2016 No Comments »

If you have a mortgage, you’ve undoubtedly had some company urge you to refinance, especially right now with mortgage rates being as low as they are. And hey, the bank or lender probably has a point if you received your ... Read More »

Mortgage Lender Offers to Share Servicing Income with Its LOs

Mortgage Lender Offers to Share Servicing Income with Its LOs
September 28, 2016 No Comments »

A Virginia-based mortgage lender has launched a loan officer compensation plan that provides originators with a piece of the loan servicing fee. Typically, a loan officer closes a loan and gets paid a commission, then moves on to the next ... Read More »

It’s Now Easier to Get a Mortgage Without a Credit Score

It’s Now Easier to Get a Mortgage Without a Credit Score
September 26, 2016 No Comments »

Fannie Mae has rolled out a new version of its automated writing system, known as Desktop Underwriter® (DU®) Version 10.0. The new version has a number of important changes, two involving consumer credit scores. Firstly, this release will use trended ... Read More »

See Which Phase of the Housing Cycle Your City Is In

See Which Phase of the Housing Cycle Your City Is In
September 22, 2016 No Comments »

Recently, I wrote about when the next housing crash might take place. For opportunists, it’s something to look forward to. For others, and frankly most people, it’s a disaster waiting to happen…though today’s mortgages are pretty boring and largely affordable, ... Read More »

21 Things That Can Drive Your Mortgage Rate Higher

21 Things That Can Drive Your Mortgage Rate Higher
September 21, 2016 No Comments »

Wondering why you didn’t receive the low mortgage rate you saw advertised on TV? Well, there are a ton of reasons why the quote you obtained was higher. Let’s explore a lot of them. 1. Low credit score This is ... Read More »

This Year Will Be the Best in 40 Years for Mortgage Rates

This Year Will Be the Best in 40 Years for Mortgage Rates
September 21, 2016 No Comments »

While most folks are anxiously awaiting the Fed’s announcement of a potential rate hike, homeowners are continuing to enjoy record low mortgage rates that can be locked in for decades. And that doesn’t appear to be changing anytime soon. Mortgage ... Read More »

Morty: The Mortgage Broker 2.0

Morty: The Mortgage Broker 2.0
September 20, 2016 No Comments »

There’s yet another mortgage disruptor in town, the latest goes by the name of “Morty.” Sounds like a play on the word mortgage… They claim to offer the “modern, online mortgage.” Let’s find out more to see if they can ... Read More »

18 Reasons to Refinance Your Mortgage

18 Reasons to Refinance Your Mortgage
September 14, 2016 No Comments »

There are many reasons to refinance your mortgage, some obvious and some a bit more obscure and/or different. I figured I’d compile a list of the many reasons I can think of to refinance. Some of the situations are complete ... Read More »

It’s Not Hard to Get a Mortgage Today

It’s Not Hard to Get a Mortgage Today
September 13, 2016 No Comments »

I read an article recently that argued it’s hard to get a mortgage these days. Just seeing the headline got me a little fired up. When it comes down to it, it’s not difficult to get a mortgage today, though ... Read More »

Is It Actually a Terrible Time to Get a 15-Year Fixed Mortgage?

Is It Actually a Terrible Time to Get a 15-Year Fixed Mortgage?
September 8, 2016 No Comments »

I’ve seen some articles recently talking about how low 15-year mortgage rates are, and the many benefits of selecting a 15-year fixed vs. a 30-year fixed mortgage. But it might actually be a not-so-great time to take out a 15-year ... Read More »