Mortgage Tips

Simple tips to help you save money on your mortgage.

Is Now the Time to Slow Down Mortgage Repayment?

Is Now the Time to Slow Down Mortgage Repayment?
December 1, 2016 No Comments »

Now that mortgage rates have jumped, it might be time to take a look at how you’re repaying your mortgage. Put simply, if your mortgage rate is fixed and lower than prevailing rates, it could make sense to slow things ... Read More »

Six Ways to Secure a Low Mortgage Rate Despite the Recent Jump

Six Ways to Secure a Low Mortgage Rate Despite the Recent Jump
November 21, 2016 No Comments »

Since the election, mortgage rates have been on fire. And by on fire, I mean rapidly escalating from the mid-3% range to above 4% with no end in sight. That might have pushed you into panic-mode if you’re considering a ... Read More »

Plastiq Lets You Charge the Mortgage for a Fee

Plastiq Lets You Charge the Mortgage for a Fee
October 14, 2016 1 Comment »

A company called Plastiq enables consumers to make payments with their credit cards that might not otherwise be accepted by the recipient. One such example that comes to mind is the paying of a mortgage with a credit card. I ... Read More »

See Which Phase of the Housing Cycle Your City Is In

See Which Phase of the Housing Cycle Your City Is In
September 22, 2016 No Comments »

Recently, I wrote about when the next housing crash might take place. For opportunists, it’s something to look forward to. For others, and frankly most people, it’s a disaster waiting to happen…though today’s mortgages are pretty boring and largely affordable, ... Read More »

21 Things That Can Drive Your Mortgage Rate Higher

21 Things That Can Drive Your Mortgage Rate Higher
September 21, 2016 No Comments »

Wondering why you didn’t receive the low mortgage rate you saw advertised on TV? Well, there are a ton of reasons why the quote you obtained was higher. Let’s explore a lot of them. 1. Low credit score This is ... Read More »

18 Reasons to Refinance Your Mortgage

18 Reasons to Refinance Your Mortgage
September 14, 2016 1 Comment »

There are many reasons to refinance your mortgage, some obvious and some a bit more obscure and/or different. I figured I’d compile a list of the many reasons I can think of to refinance. Some of the situations are complete ... Read More »

It’s Not Hard to Get a Mortgage Today

It’s Not Hard to Get a Mortgage Today
September 13, 2016 No Comments »

I read an article recently that argued it’s hard to get a mortgage these days. Just seeing the headline got me a little fired up. When it comes down to it, it’s not difficult to get a mortgage today, though ... Read More »

Is It Actually a Terrible Time to Get a 15-Year Fixed Mortgage?

Is It Actually a Terrible Time to Get a 15-Year Fixed Mortgage?
September 8, 2016 No Comments »

I’ve seen some articles recently talking about how low 15-year mortgage rates are, and the many benefits of selecting a 15-year fixed vs. a 30-year fixed mortgage. But it might actually be a not-so-great time to take out a 15-year ... Read More »

Mortgage Recasting 101: How It Works and What It Does

Mortgage Recasting 101: How It Works and What It Does
August 30, 2016 No Comments »

You may have heard that you can lower your monthly mortgage payment without refinancing via a “mortgage recast.” These two financial tools are quite different, which I’ll explain, but let’s first discuss recasting to get a better understanding of how ... Read More »

When Will the Next Housing Market Crash Take Place?

When Will the Next Housing Market Crash Take Place?
August 24, 2016 1 Comment »

I’ve noticed a trend lately. Everyone’s a real estate expert. It seems the most recent crisis and recovery has turned just about every single person into a guru on all things to do with home buying and selling. I suppose ... Read More »