All posts by Colin Robertson

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 »

Some Guy Named Eric Estrada Tried to Get His Mortgage Crowdfunded

Some Guy Named Eric Estrada Tried to Get His Mortgage Crowdfunded
September 4, 2014 No Comments »

The world is getting stranger and stranger by the day, thanks in part to the Internet and a phenomenon known as “crowdfunding.” The latest silliness involves a guy with a mortgage who asked the community to pay it off, ostensibly ... Read More »

White House Asks Lenders to Offer Lower Mortgage Rates to the Military

White House Asks Lenders to Offer Lower Mortgage Rates to the Military
August 27, 2014 2 Comments »

There’s been a lot of news coverage lately concerning veterans not receiving proper medical care. Sadly, that’s just one area where our military isn’t being treated appropriately. Whether active duty military realize it or not, they’re also entitled to special ... Read More »

A Russian Bank Is Offering Free Cats to New Mortgage Customers

A Russian Bank Is Offering Free Cats to New Mortgage Customers
August 27, 2014 No Comments »

It’s not uncommon for banks and mortgage lenders to offer special perks to customers who take out mortgages. After all, a mortgage is somewhat of a commodity, despite there being many different types of loans and lenders out there, and ... Read More »