All posts by Colin Robertson

These Six Things Will Happen If Mortgage Rates Go Up

These Six Things Will Happen If Mortgage Rates Go Up
August 14, 2017 No Comments »

We’ve been worrying that mortgage rates would go up for years now, but it just hasn’t happened yet. Sure, they’re up a little bit from record levels, but not by as much as expected. The 30-year fixed still sits firmly ... Read More »

Millennials Favor Conventional Mortgages Over FHA

Millennials Favor Conventional Mortgages Over FHA
August 10, 2017 No Comments »

I’ve got more Millennial mortgage data for you, courtesy of the monthly Ellie Mae Millennial Tracker. This is a heavily watched group because they’re expected to carry the housing market to the next stage, hopefully higher. While the word Millennial ... Read More »

What Will Happen to Your Mortgage When the LIBOR Goes Away?

What Will Happen to Your Mortgage When the LIBOR Goes Away?
August 7, 2017 No Comments »

If you have an adjustable-rate mortgage, I’ve got some important news for you. The London Interbank Offered Rate, or LIBOR as it’s known to most, is going to be phased out over the next five years. After 2021, it won’t ... Read More »

Low Down Payment Home Purchases Hit Seven Year High

Low Down Payment Home Purchases Hit Seven Year High
August 7, 2017 No Comments »

In what seems like yet another troubling sign that we’re returning to the fast and loose times seen a decade ago, Black Knight Financial Services reports that low down payment purchase mortgage lending hit a seven-year high last month. The ... Read More »

1% Down Payment Mortgages Come Under Fire

1% Down Payment Mortgages Come Under Fire
August 3, 2017 No Comments »

While we’ve come a long way since housing bottomed, the memories of how we got there still don’t feel very distant. A lot of things contributed to the complete breakdown of the real estate market, with exotic financing being one ... Read More »

Home Sellers Making the Most Money Since 2007

Home Sellers Making the Most Money Since 2007
July 31, 2017 No Comments »

If you’re wondering if it’s a good time to sell a house, look no further than the ATTOM Data Solutions report released last week. The company’s Q2 2017 U.S. Home Sales Report found that the average price gain for home ... Read More »

Ally Home Launches Price Match Guarantee for Mortgages

Ally Home Launches Price Match Guarantee for Mortgages
July 26, 2017 No Comments »

Mortgage industry newcomer Ally Home is getting into the price match game with its just launched promotion called, you guessed it, “Price Match Guarantee.” If you’re not familiar, Ally Home got into the mortgage business late last year, essentially rising ... Read More »

How Long Does It Take to Get a Mortgage?

How Long Does It Take to Get a Mortgage?
July 20, 2017 No Comments »

Mortgage Q&A: “How long does it take to get a mortgage?” This is a fairly common question because we humans aren’t very patient. This is compounded by the fact that we’re asking for a very large sum of money. Because ... Read More »

For Some Reason, Homeowner Regrets Are on the Rise

For Some Reason, Homeowner Regrets Are on the Rise
July 19, 2017 No Comments »

Despite the red-hot real estate market, more Americans are regretting their home purchases, per a new Trulia survey. It’s a bit odd because home prices have been rocketing higher throughout much of the nation since they bottomed in 2012. So ... Read More »