All posts by Colin Robertson

Fannie Mae Reduces Max LTV on Cash-Out Refinances to 80%

Fannie Mae Reduces Max LTV on Cash-Out Refinances to 80%
November 11, 2014 No Comments »

Though it may soon become easier to purchase a home with less money down, assuming 3% mortgages return as Mel Watt has promised, extracting existing home equity could become more difficult. Yesterday, mortgage financier Fannie Mae released new guidelines related ... Read More »

Are Low Credit Scores More Dangerous Than Low Down Payments?

Are Low Credit Scores More Dangerous Than Low Down Payments?
November 5, 2014 No Comments »

Ever since Mel Watt hinted at the return of 3% down mortgages, there’s been a lot of worry that we could be headed down another dark path. After all, it was a lack of skin in the game that caused ... Read More »

There’s Now a .Mortgage Top Level Domain

There’s Now a .Mortgage Top Level Domain
November 5, 2014 No Comments »

If you’re a webmaster, a blogger, or just happen to own a domain name or two, you might be confused as to why there are so many new TLDs (top-level domains) these days. Back when, there were three main TLDs, ... Read More »

Where Have All the First-Time Buyers Gone?

Where Have All the First-Time Buyers Gone?
November 4, 2014 No Comments »

The latest survey from the National Association of Realtors revealed some troubling news in the housing market. The share of first-time home buyers reached its lowest point in nearly 30 years, per the 2014 National Association of Realtors® Profile of ... Read More »

Your Personality Determines If You’ll Buy or Rent and What Mortgage You’ll Get

Your Personality Determines If You’ll Buy or Rent and What Mortgage You’ll Get
October 31, 2014 No Comments »

I came across an interesting study that explores real estate and mortgage preferences based on personality type (thanks WSJ). Whether you realize it or not, your temperament determines whether you’re more likely to rent or buy a home, what type ... Read More »

HUD Has $412 Million in Uncollected FHA Mortgage Insurance Refunds

HUD Has $412 Million in Uncollected FHA Mortgage Insurance Refunds
October 29, 2014 No Comments »

If you’ve ever taken out an FHA loan, you may be eligible for a refund on that costly upfront mortgage insurance premium. Sure, the FHA is struggling at the moment and no longer so liberal about doling out refunds on ... Read More »

Online Refinance Shop Lenda Has Plans to Fund Home Loans in Seconds

Online Refinance Shop Lenda Has Plans to Fund Home Loans in Seconds
October 22, 2014 2 Comments »

In the technology world, and more specifically, the venture capitalist world, the word “disrupt” gets thrown around an awful lot. Too much really. There’s even a Disrupt conference. Every new business these days seeking millions of dollars in funding has ... Read More »

Mortgage Lending Volume Expected to Rise 7% in 2015

Mortgage Lending Volume Expected to Rise 7% in 2015
October 21, 2014 No Comments »

After what seemed like a dismal few weeks, some good news is finally streaming back into the mortgage world. First off, mortgage rates are super low again, with the 30-year fixed pricing below 4% at some lenders. It sounds like ... Read More »

Fannie and Freddie Will Offer 3% Down Mortgages Again

Fannie and Freddie Will Offer 3% Down Mortgages Again
October 20, 2014 2 Comments »

Some good news finally came out of Las Vegas today, and I’m not talking about someone winning a mega jackpot on an oversized one-armed bandit. During the Mortgage Bankers Association’s Annual Convention in Sin City, it was revealed that Fannie ... Read More »