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

Yes, You Can Buy a Home on a Minimum Wage Salary, Maybe

Yes, You Can Buy a Home on a Minimum Wage Salary, Maybe
July 22, 2014 No Comments »

A new analysis from Zillow revealed that many minimum wage earners own homes nationwide, a surprising fact given how low the hourly rate of pay appears to be. The company noted that 3.3 million Americans were paid at or below ... Read More »

Home Prices Are Expected to Peak in 2016, Then Do Pretty Much Nothing Through 2022

Home Prices Are Expected to Peak in 2016, Then Do Pretty Much Nothing Through 2022
July 21, 2014 No Comments »

Are you still looking to buy a place before time runs out? Don’t want to miss out on the next big housing boom? Well, it might already be too late, assuming you’re looking to turn a big profit, or any ... Read More »

Mortgage Closing Rate Surpasses 60% in June

Mortgage Closing Rate Surpasses 60% in June
July 17, 2014 No Comments »

While mortgage volume might not be what it once was, it seems more of those loan applications are actually funding these days. The latest Ellie Mae Origination Insight Report released today revealed that the “pull-through” rate topped 60% for the ... Read More »

Should You Buy a New Home or an Old Home?

Should You Buy a New Home or an Old Home?
July 16, 2014 No Comments »

It’s time for another match-up, this time we’ll compare buying a new home versus purchasing an existing one. For the record, some home builders will refer to existing homes as “used,” which sounds kind of silly considering it’s a house ... Read More »

Chase Seems to Be Losing Interest in Originating Mortgages

Chase Seems to Be Losing Interest in Originating Mortgages
July 16, 2014 No Comments »

At a time when smaller banks are easing underwriting guidelines to deal with flagging mortgage demand, JP Morgan Chase seems to be taking a step back. During the second quarter, the New York City-based bank and lender only mustered $16.8 ... Read More »

California Homeowners Will Receive About $90 Million from Citigroup Mortgage Settlement

California Homeowners Will Receive About $90 Million from Citigroup Mortgage Settlement
July 15, 2014 No Comments »

Yesterday, the U.S. Justice Department came down hard on Citigroup, slapping the bank with a $7 billion fine over allegations it sold faulty mortgage-backed securities to unknowing investors between 2003 and 2008. In short, the company knew the mortgages behind ... Read More »

Soon You’ll Be Able to Sell Your Home Online in Just Three Days

Soon You’ll Be Able to Sell Your Home Online in Just Three Days
July 14, 2014 No Comments »

Life has gotten a lot more convenient over the past decade thanks to our friend the Internet. Today, we can shop for clothes, groceries, and just about anything else online, do our banking with text messages and smartphones, or hail ... Read More »

Survey: Less than Two Percent of Recent Mortgages Were Non-QM

Survey: Less than Two Percent of Recent Mortgages Were Non-QM
July 14, 2014 No Comments »

If you’re wondering how popular non-QM lending is these days, the answer is not very. The National Association of Realtors, which conducted its 2nd Survey of Mortgage Originators back in April, revealed today that just 1.6% of loan production in ... Read More »

The Daughter of Mortgage Bankers Association President David Stevens Doesn’t Want a Mortgage

The Daughter of Mortgage Bankers Association President David Stevens Doesn’t Want a Mortgage
July 11, 2014 No Comments »

You’d think that someone so heavily involved in the mortgage world would have a family full of homeowners, but that’s not the case with David Stevens. Despite being the president and CEO of the Mortgage Bankers Association (MBA), and formerly ... Read More »

Hooray, Home Price Gains Are Slowing and Should Be Just Right by Year End

Hooray, Home Price Gains Are Slowing and Should Be Just Right by Year End
July 8, 2014 No Comments »

If we’ve learned anything from Goldilocks and the Three Bears, it’s that we should strive for “just right,” no matter if it’s porridge or home prices. After all, if they’re too hot, a correction surely looms, and if they’re too ... Read More »