Demystifying How Mortgages Are Calculated Mortgage Due Dates 101 Cash Out Refinance vs. Rate and Term Refinance Should You Bother Refinancing Your Current Mortgage Rate? 10 Ways to Build Home Equity A Mediocre Credit Score Will Cost You Big on Your Mortgage 6 Things Holding Renters Back From Becoming Homeowners

Demystifying How Mortgages Are Calculated

Calculating a Mortgage Mortgages can be complicated business – fortunately there are a ton of great calculators out there that take the legwork out of ...

Mortgage Due Dates 101

If you recently took out a mortgage, or have been thinking about financing a piece of property, you may be wondering when your mortgage payments ...

Cash Out Refinance vs. Rate and Term ...

It’s time for another mortgage match-up, though this installment is more about distinction than rivalry. If you’re in the market to refinance your current mortgage ...

Should You Bother Refinancing Your Current Mortgage ...

If you don’t mind, let me beat a dead horse. Mortgage rates are at or near record lows and you could save a ton of ...

10 Ways to Build Home Equity

These days, home equity is all the rage. During the housing boom, it was all about tapping into your home equity with a line of ...

A Mediocre Credit Score Will Cost You ...

While there are a number of factors that determine what mortgage rate you’ll qualify for, assuming you can indeed qualify for a mortgage, perhaps the ...

6 Things Holding Renters Back From Becoming ...

A new survey from real estate listing service Trulia revealed that 59 percent of renters aspire to be homeowners, but there are six main issues ...

Latest Posts

Fed Sees Cooler Housing Market as Autumn Approaches

October 12, 2006 No Comments »

The Federal Reserve reported Thursday that the housing market had cooled substantially, with the Fed’s 12 major regions suffering soft sales, lower sales prices, and a higher stock of unsold inventory. The Fed described the economy as “moderate or mixed”, ... Read More »

A Little Lesson About Loan Officers

October 10, 2006 No Comments »

Over the past five years the mortgage industry has seen an explosion in growth. With super-low mortgage rates and a vast array of loan programs available, new purchases and refinances surged. And along with that boom came an influx of ... Read More »

Pick-a-Default-or-a-Foreclosure-Pay Mortgage

October 7, 2006 No Comments »

Pick-a-pay mortgages, otherwise known as negative amortization loans, have surged in popularity in the last five years – so much so that they’ve been highly featured, and in turn scrutinized, from USA Today to the cover of Business Week. The ... Read More »

Slow Housing Market, Great Interest Rates?

September 29, 2006 No Comments »

Housing starts dropped to a three year low last month, and for the first time in 11 years housing prices have dropped. This is based on a median price comparison from year to year data from August 2005 and August ... Read More »

Feds Pause Rates, But is it Enough to Save Mortgage?

September 22, 2006 No Comments »

Fed Chairman Ben Bernanke left the federal funds rate unchanged Wednesday, steady at 5.25%. It’s the second month in a row that the fed decided to leaves rates as they are, and many feel this could be the end of ... Read More »

Mortgage is Dead

September 13, 2006 No Comments »

The mortgage industry is dead. Either that, or people haven’t come back from their Labor Day holiday yet. Or maybe it’s the fact that school is starting up again and people have other things on their mind. Either way, I ... Read More »

Mortgage Rates Are Low, But Where’s the Business?

September 7, 2006 No Comments »

Mortgage rates have been on a downward trend for the past month or so, ever since the fed paused the rate hikes, but business is still nowhere near the levels of a year ago. And anyone looking to refinance their ... Read More »

Bad Credit OK!

August 23, 2006 No Comments »

Have you ever seen those mortgage ads that offer great mortgage rates and monthly mortgage payments, and even go as far as to say “Bad Credit OK!”? I just saw one and got the urge to write about it. I’m ... Read More »

The Great Mortgage Recovery?

August 19, 2006 No Comments »

It seems like the market is starting to pick up again. Mortgage rates have improved tremendously, and are now in the low 6%’s for a 30 yr fixed-rate mortgage. It’s really not too far off from a year ago, so ... Read More »

The Great Mortgage Slowdown

August 13, 2006 No Comments »

Well it’s August of 2006, and the industry is really grinding to a halt. It seems that a lot of shops have closed, and companies have finished their downsizing, with many companies either being halved, or completely sold off. Our ... Read More »