All posts by Colin Robertson

I’ve Been Offered the Opportunity to Skip Two Mortgage Payments

I’ve Been Offered the Opportunity to Skip Two Mortgage Payments
September 24, 2014 No Comments »

So I received an unmarked piece of mail the other day, and whenever that happens, I know it’s going to contain some kind of nonsense. Upon opening the letter, which I could have easily just thrown away, I discovered that ... Read More »

414,000 Home Sales Won’t Happen This Year Thanks to Student Loan Debt

414,000 Home Sales Won’t Happen This Year Thanks to Student Loan Debt
September 23, 2014 No Comments »

There’s been a lot of recent buzz about teens and Millennials being extremely bullish on homeownership. And with that comes hope of a stronger housing recovery and even higher home prices in the future. But it’s one thing to say ... Read More »

Are Mortgage Calculators Actually Accurate?

Are Mortgage Calculators Actually Accurate?
September 18, 2014 No Comments »

Time for more mortgage Q&A: “Are mortgage calculators accurate?” Just about anyone looking to buy a property or refinance will rely upon a calculator to get a better understanding of what their monthly payment might be. But not all mortgage ... Read More »

Don’t Freak Out About the Recent Mortgage Rate ‘Spike’

Don’t Freak Out About the Recent Mortgage Rate ‘Spike’
September 18, 2014 No Comments »

Queue the panic. Mortgage rates have officially spiked and the media is all over it. Yep, the average rate on a 30-year fixed mortgage increased from 4.05% to 4.19% this week, per Zillow’s weekly survey. Over at Freddie Mac, the ... Read More »

Here Are the Many Reasons Why Renters Rent

Here Are the Many Reasons Why Renters Rent
September 11, 2014 No Comments »

The whole rent vs. own argument can be pretty polarizing. There are those that liken renting to throwing money down the drain, while others think homeownership is a huge waste of time and money. The latter group will tell you ... Read More »

New Bill Would Fix Mortgage Victims’ Credit Reports, Shorten Time Period Foreclosures Are Reported

New Bill Would Fix Mortgage Victims’ Credit Reports, Shorten Time Period Foreclosures Are Reported
September 10, 2014 No Comments »

A new bill introduced today by Congresswoman Maxine Waters (D-CA) aims to make sweeping changes to the Fair Credit Reporting Act (FCRA). In a news release, she noted that credit reports have become far too important to contain widespread errors ... Read More »

97% of Teens Believe They Will Own a Home One Day

97% of Teens Believe They Will Own a Home One Day
September 9, 2014 No Comments »

Several months ago, I thanked Millennials for their faith in real estate, seeing that Gen X isn’t a huge fan at the moment. But looking back, it appears that Generation Z is even more promising. While there have been recent ... Read More »

The Wealth Building Home Loan Makes the 15-Year Fixed Mortgage Affordable

The Wealth Building Home Loan Makes the 15-Year Fixed Mortgage Affordable
September 8, 2014 5 Comments »

Most homeowners opt for fixed-rate mortgages because there aren’t any surprises. Many of them go with a 30-year term because it’s the norm, and also because it allows would-be homeowners to buy a lot more home. The major downside is ... Read More »

Should You Take Out a 30-Year Fixed Mortgage Before It’s Gone Forever?

Should You Take Out a 30-Year Fixed Mortgage Before It’s Gone Forever?
September 4, 2014 No Comments »

Well-known banking analyst Dick Bove sounded alarm bells earlier this week after he warned of a mortgage crisis by winter. Yes, this winter, as in a few months from now. And by crisis, he means the 30-year fixed mortgage may ... Read More »