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

California Housing Market Still Strong

November 22, 2006 No Comments »

While many cities throughout the United States deal with bubble trouble, California has managed to hang onto a good chunk of its housing gains from the last few years, with year-to-year gains in many of the largest markets. Many high-growth ... Read More »

Option ARM Loans Still Most Touted Mortgage Program

November 20, 2006 No Comments »

After considerable negative press, the option-arm, or pick-a-pay loan continues to be the most touted by mortgage companies, mortgage brokers, and loan officers. Despite the fact these types of loans have been highly scrutinized for their dangerous tendencies, the trend ... Read More »

Southern California Homeowners Still Seeing Green

November 9, 2006 No Comments »

Well the housing market may have burst, but the years of upside in the Southern California housing market have provided enough strength to keep home sellers happy, even at today’s prices. So happy in fact, that the average homeowner who ... Read More »

Stubborn Sellers, Patient Buyers Rule the Market

November 5, 2006 No Comments »

You’d think everyone would be trying to sell their home after the big profits they made in the past few years. Well, they are selling, but no one is buying. Mainly because sellers aren’t willing to part with their beloved ... Read More »

New Home Prices Sink in September

October 26, 2006 No Comments »

The sales price of new homes dropped by 9.7 percent in September, based on year-to-year data, to a median sales price of $217,100 in the United States. The drop was the sharpest year-to-year decline since December 1970. The news followed ... Read More »

The Future Looks Bright? (For Buyers)

October 14, 2006 No Comments »

Moody’s published an interesting chart of projected declines in median existing home prices. It basically lists the peak for home prices in a certain market, and its projected bottom. While some markets are due to get slaughtered, some aren’t ... Read More »

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 »