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

HELOC vs. Credit Card: Why the Plastic May Work Out Better

HELOC vs. Credit Card: Why the Plastic May Work Out Better
January 17, 2018 No Comments »

You may have heard recently that “tappable” home equity has reached an all-time high, thanks to rapidly appreciating home prices and conservative borrowing on behalf of existing homeowners. If you haven’t, know that some 42 million homeowners have around $5.4 ... Read More »

Rent or Buy in 2018? More than Half of Markets Still Favor Buying

Rent or Buy in 2018? More than Half of Markets Still Favor Buying
January 12, 2018 No Comments »

It’s a new year, but the rent vs. buy a home argument hasn’t gone away, or become any clearer. It’s always a complicated decision, with or without confusing tax changes. At the same time, it’s a personal question with a ... Read More »

Buying a Home in 2018? 11 Tips to Get It Done!

Buying a Home in 2018? 11 Tips to Get It Done!
January 4, 2018 No Comments »

If you’ve yet to enter the housing market, but are thinking of buying a home in 2018, there’s a lot you need to know. As I once pointed out, this isn’t your older sibling’s housing market. Not just anyone can ... Read More »

PHH Mortgage to Provide Borrowers with $30.4 Million for Improper Loan Servicing

PHH Mortgage to Provide Borrowers with $30.4 Million for Improper Loan Servicing
January 3, 2018 No Comments »

It’s 2018 and the mortgage settlements continue. As part of an agreement reached today with 49 states and Washington D.C., PHH Mortgage Corp. will pay out $30.4 million to borrowers impacted by so-called improper mortgage servicing. The company, which is ... Read More »

Guaranteed Rate Launches New Jumbo Loan with Interest-Only Option

Guaranteed Rate Launches New Jumbo Loan with Interest-Only Option
January 2, 2018 No Comments »

Well, it’s a new year, and with that comes new and exciting home loan programs to help borrowers purchase homes or refinance existing mortgages. The newest one comes courtesy of Guaranteed Rate, which launched its “GR Flex Power” mortgage that ... Read More »

2018 Real Estate and Mortgage Predictions

2018 Real Estate and Mortgage Predictions
December 29, 2017 1 Comment »

Just like that, another year has gone by, well, almost. There are still a few days left and anything can happen. In the meantime, I present my latest installment of real estate and mortgage predictions for the year 2018, which ... Read More »

See How Exuberant Your Housing Market Is

See How Exuberant Your Housing Market Is
December 20, 2017 No Comments »

Back in the mid-1990s, former Federal Reserve Board chairman Alan Greenspan used the phrase “irrational exuberance,” which served as a warning that the stock market may have been overextended. This was around the time of the dot-com bubble and there ... Read More »

2018 Mortgage Rate Forecast: Overall It’s Looking Pretty Good

2018 Mortgage Rate Forecast: Overall It’s Looking Pretty Good
December 13, 2017 No Comments »

It’s that time of the year again, when we take a look at what’s in store for mortgage rates the following year. So without further ado, here is the “2018 mortgage rate forecast” from a variety of different housing and ... Read More »

Will 2018 Be the Last Great Year for This Real Estate Boom?

Will 2018 Be the Last Great Year for This Real Estate Boom?
December 11, 2017 No Comments »

A new survey of housing experts and economists led by Zillow sees home prices rising 4.1% in 2018 before annual gains normalize at around three percent per year. So far this year, home prices have risen about 6.5% (through October), ... Read More »

2018 FHA Loan Limit Floor Increased to $294,515

2018 FHA Loan Limit Floor Increased to $294,515
December 7, 2017 No Comments »

Just like the 2018 conforming loan limits, the FHA will see its 2018 loan limits increase as well, which is welcome news for home buyers in more expensive areas of the country. For FHA case numbers assigned on or after ... Read More »