All posts by Colin Robertson

New Guaranteed Rate Double Match Mortgage Gives You 2% of the Down Payment for Free

New Guaranteed Rate Double Match Mortgage Gives You 2% of the Down Payment for Free
July 22, 2016 No Comments »

No it’s not déjà vu, or Groundhog Day. Guaranteed Rate has launched yet another 1% down payment mortgage in the span of about a month. However, their new “Double Match” loan program is quite a bit different than their previously ... Read More »

FirstREX Will Provide Half Your Down Payment in Exchange for Future Appreciation

FirstREX Will Provide Half Your Down Payment in Exchange for Future Appreciation
July 21, 2016 2 Comments »

If you’re a little light on down payment funds, a company called FirstREX might be able to help you out, for a cost. Put simply, their “REX HomeBuyer” product will give you up to 50% of the down payment you ... Read More »

Time Heals All Real Estate Wounds If You Let It

Time Heals All Real Estate Wounds If You Let It
July 21, 2016 No Comments »

Let’s talk about real estate investment for a moment. A recent commentary from mortgage financier Freddie Mac revealed that those aged 54 and older control about two-thirds of the home equity in single-family homes throughout the United States. However, this ... Read More »

Is Housing Affordability Really That Great?

Is Housing Affordability Really That Great?
July 20, 2016 No Comments »

I keep seeing these data-driven posts from the likes of Zillow and other major real estate analytics companies making claims that housing affordability remains strong thanks to low mortgage rates. For example, Zillow mentioned that a home buyer earning the ... Read More »

You Probably Shouldn’t Go with the Mortgage Lender That Sends You Junk Mail

You Probably Shouldn’t Go with the Mortgage Lender That Sends You Junk Mail
July 18, 2016 No Comments »

Look Familiar? This probably goes without saying, but I’ll say it anyway because I recently received a very pressing letter in the post. It said “Important Notice” on the top left and then something about there being “time sensitive information ... Read More »

Create a Phone Number Just for Mortgage Shopping

Create a Phone Number Just for Mortgage Shopping
July 18, 2016 No Comments »

I think just about everyone can agree that shopping for a mortgage isn’t fun. This would explain why few people actually shop around for a mortgage, or spend any significant amount of time researching loan options. Instead, they just tend ... Read More »

You Need to Save $68 a Day for Five Years to Buy a Home in LA

You Need to Save $68 a Day for Five Years to Buy a Home in LA
July 14, 2016 No Comments »

I’ve been talking about down payments a lot lately, thanks to all the new zero down and 1% down loan options that sprang out of nowhere in the past few weeks. It seems every lender out there is beginning to ... Read More »

United Wholesale Mortgage Launches 1% Down Home Loan for Brokers

United Wholesale Mortgage Launches 1% Down Home Loan for Brokers
July 13, 2016 No Comments »

Yep, it’s another post about a 1% down mortgage, which seems to be the next big thing in the mortgage realm. That and zero down mortgages I suppose. I guess it’s a sign of the times, or more appropriately, sky-high ... Read More »

The 5 Compromises Home Buyers Are Making These Days

The 5 Compromises Home Buyers Are Making These Days
July 11, 2016 No Comments »

It’s no secret home prices aren’t cheap. They may not be expensive either, depending on how you look at it, but they certainly aren’t cheap. It doesn’t take an economist to figure that out. At the same time, mortgage rates ... Read More »