All posts by Colin Robertson

Why Your Mortgage Lender Asks for More Than Is Required

Why Your Mortgage Lender Asks for More Than Is Required
July 29, 2015 1 Comment »

It’s no secret that there is a lot of confusion surrounding mortgages. One of the main gripes is that requirements aren’t the same across different banks and lenders. See why every mortgage lender will disappoint you for more on that. ... Read More »

Redfin: Housing Demand Slowing Due to Buyer Fatigue

Redfin: Housing Demand Slowing Due to Buyer Fatigue
July 28, 2015 No Comments »

Every year, housing demand picks up during the traditional spring buying season and eventually begins to fade as summer takes hold and kids make their way back to school. But this year’s seasonal slowdown is even more pronounced due to ... Read More »

What’s Your Outlook on the Real Estate Market?

What’s Your Outlook on the Real Estate Market?
July 23, 2015 No Comments »

So here’s a true story. Yesterday, a good friend of mine asked the following question via text message: “What’s your outlook on the real estate market…we are looking to buy a place soon.” That’s the exact message he sent over ... Read More »

You Can Get Interest-Only Mortgages from Mortgage Brokers Again

You Can Get Interest-Only Mortgages from Mortgage Brokers Again
July 21, 2015 No Comments »

Party like it’s 2006! Mortgage brokers are now able to peddle interest-only mortgages to qualified borrowers nationwide. Oh wait, that last part about being qualified isn’t really reminiscent of 2006, but I’ll get to that in a moment. This week, ... Read More »

Most Properties Still Sell Below List Price

Most Properties Still Sell Below List Price
July 16, 2015 No Comments »

Even though the housing market appears to be on fire, 63% of properties actually sold for below list price, this according to the May 2015 Realtors Confidence Index Survey. This may seem rather surprising, given how hot real estate has ... Read More »

How to Save Money on Your Mortgage Even If You Can’t Refinance

How to Save Money on Your Mortgage Even If You Can’t Refinance
July 15, 2015 1 Comment »

One of the simplest ways to save money on your mortgage is by lowering your interest rate. This is generally accomplished via a rate and term refinance, where the loan amount stays the same, but the interest rate and loan ... Read More »

Home Prices vs. Gas Prices

Home Prices vs. Gas Prices
July 6, 2015 1 Comment »

With mortgage rates hitting 2015 highs last week, one might worry that the housing recovery will lose steam. The 30-year fixed climbed to 4.08% per the latest survey from Freddie Mac, up roughly half a percentage point from the lowest ... Read More »

USDA Home Loans Are About to Get More Expensive

USDA Home Loans Are About to Get More Expensive
July 2, 2015 No Comments »

While the government has been busy lowering costs for FHA loans, it seems the opposite will happen for USDA home loans, which are one of the few avenues left to obtain a mortgage with no money down. In a nutshell, ... Read More »

The Greeks Aren’t Making Their Mortgage Payments

The Greeks Aren’t Making Their Mortgage Payments
July 1, 2015 No Comments »

And who could blame them…what with their entire financial system in complete disarray. The Greek situation is a mess, as you’ve probably heard. The government has fallen behind on its payments to creditors and citizens have made a run on ... Read More »