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

Quick Mortgage Tips – For Sale By Owner Properties Tougher to Finance

April 3, 2007 No Comments »

With realty fees often as high as 6% of the sales price of a property, some adventurous, or ahem, frugal homeowners, decide to go it alone when it comes to selling their home. While this type of listing, referred to ... Read More »

New Century Files for Bankruptcy

April 3, 2007 No Comments »

Subprime mortgage lender New Century Financial Corp. filed for bankruptcy Monday morning, seeking Chapter 11 protection while firing 3,200 employees, or roughly 54% of its work force. New Century also agreed to sell its loan servicing unit to Carrington Capital ... Read More »

Housing Market Data

March 27, 2007 No Comments »

Liz Ann Sonders, Chief Investment Strategist for Charles Schwab released a very interesting chart detailing the housing market data of the top metros in the United States. The first column shows the price trend compared to the prior month, based ... Read More »

Mortgage Quick Tip – Occupancy Fraud

March 20, 2007 No Comments »

If you’re a real estate investor, or simply own more than one property, it’s imperative that your bank statements are mailed to your primary residence each month. If you claim one house to be your owner-occupied property, but your bank ... Read More »

Quick Mortgage Tip – Use a Combo loan to save money

March 17, 2007 No Comments »

If you’re thinking about purchasing a home or refinancing, think about breaking the total loan amount into two. If you do two loans, you’ll secure a lower mortgage rate on your first loan, and often avoid certain adjustments that would ... Read More »

Quick Mortgage Tip – Refinancing a listed home

March 17, 2007 No Comments »

If your home is currently listed, or was previously listed in the last six months you may experience trouble refinancing your mortgage. Many banks and mortgage lenders shy away from offering financing to borrowers who were unable to sell their ... Read More »

Quick Mortgage Tip – Refinancing without being on the loan (or title)

March 17, 2007 No Comments »

If you and a spouse or family member are currently living together, but only one person is on the current mortgage it’s best to make the mortgage payments from a joint checking or savings account each month. This way, in ... Read More »

NYSE Plans Delisting of New Century Shares

March 13, 2007 No Comments »

Shares of New Century Financial Corp. were suspended Monday after news that creditors had pulled back financing the beleaguered company. As part of an effort to investigate the subprime mortgage lender, the NYSE has begun the delisting process by halting ... Read More »

New Century Bankruptcy Nears as Creditors Halt Financing

March 12, 2007 No Comments »

Shares of Irvine, CA based subprime lender New Century Financial Corp. plummeted on news that all of their secondary creditors had either cut financing or announced their intention to halt financing. New Century Financial Corp. had been late in making ... Read More »

Fastest Growing Cities in the United States

March 10, 2007 No Comments »

BusinessWeek and Zillow.com got together recently to compile a list of the ten fastest growing cities in some of the U.S.’s largest cities. BusinessWeek scoured Zillow’s database of real estate information, taking the neighborhoods in each city that saw the ... Read More »