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

Lenders Limiting Exotic Mortgage Programs

January 9, 2007 No Comments »

No more than a year ago, banks and mortgage lenders throughout the United States were battling one another to provide the most generous financing available, whether it came in the form of a super low payment on a negative amortization ... Read More »

Holiday Loans are on the Prowl

December 20, 2006 No Comments »

As the holidays near, the offerings of holiday loans can be heard far and wide, from city to town. But what exactly are these companies offering, and why are H&R Block and Jackson Hewitt getting in on the business as ... Read More »

Mortgage Lates On the Rise

December 14, 2006 No Comments »

The Mortgage Bankers Association released their quarterly report of the mortgage industry Wednesday, noting a rise in mortgage lates. From the July to September quarter, the percentage of mortgages with 30 day lates or worse rose to 4.67% from 4.39% ... Read More »

Sell or Refinance, But Don’t Try Both

December 9, 2006 No Comments »

As home prices begin to fall, but still remain at near all-time highs, many homeowners are listing their properties to see if they can lock in some of the profit they’ve realized in the last few years. But the problem ... Read More »

Ownit Mortgage Solutions Shuts Down

December 7, 2006 No Comments »

Ownit Mortgage Solutions, a wholesale mortgage lender, closed its doors Monday amid unfavorable market conditions. While this seems like just another story of a fairly large home lender shutting down during the so-called housing bubble bust, it’s why it shut ... Read More »

Marriage and Mortgage Don’t Mix

December 4, 2006 No Comments »

So you’re planning on getting married next summer, and you just need to find a perfect house before that magical day. There’s no possible way you could continue to live in an apartment or simply rent once you’re married! Why ... Read More »

Top Cities for Foreclosures

December 2, 2006 No Comments »

RealtyTrac released an interesting chart of the top 10 metros with the worst foreclosure rate in the 3rd quarter of 2006. As expected, many high growth areas that subsequently have busted are in the top 10. Cities like Las Vegas ... Read More »

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 »