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

Is It Really Such a Great Time to Sell a House?

Is It Really Such a Great Time to Sell a House?
April 6, 2017 No Comments »

We’ve heard it for years now – that it’s a seller’s market. And it’s hard to argue that fact with home prices hitting new nominal highs in many states across the nation, month after month. If you’re a seller these ... Read More »

An FHA-to-Conventional Refinance May Allow You to Ditch MIP

An FHA-to-Conventional Refinance May Allow You to Ditch MIP
April 5, 2017 No Comments »

While refinance applications seem to be taking a backseat to purchase applications, there are still some good reasons to refinance your mortgage, even if rates aren’t currently at their best. First off, let me preface this with the fact that ... Read More »

Real U.S. Home Prices Remain 33.3% Below 2006 Peak

Real U.S. Home Prices Remain 33.3% Below 2006 Peak
March 28, 2017 No Comments »

Let’s talk about home prices again because there have been numerous reports of eroding affordability and fears that we might be topping out just five short years after hitting rock bottom. For example, the National Association of Realtors recently noted ... Read More »

Today’s Mortgages Are Not Your Older Sibling’s Mortgages

Today’s Mortgages Are Not Your Older Sibling’s Mortgages
March 22, 2017 No Comments »

While pundits and fusspots continue to question whether we’re headed for another housing bubble, consider this: The most recent mortgages were among the highest quality (lowest risk) since 2001. Indeed, mortgages originated during the fourth quarter of 2016 were of ... Read More »

Credit Bureau Experian Launches Real-Time Asset and Income Verification for Mortgages

Credit Bureau Experian Launches Real-Time Asset and Income Verification for Mortgages
March 21, 2017 No Comments »

Mortgage lenders have come a long way in the past decade. They used to approve loans without the need for income, asset, or employment documentation, and now they can verify all those things in seconds. Yes, that was half a ... Read More »

Mortgage Rates and Fed Announcements

Mortgage Rates and Fed Announcements
March 16, 2017 No Comments »

File this one under “no need to panic,” despite constant warnings of a Fed move impacting mortgage rates. You can’t blame them (the media) – it makes for a good headline, but much of what is thrown out there usually ... Read More »

A Return to ARMs

A Return to ARMs
March 8, 2017 No Comments »

Can you believe it’s already March? I can’t either, but it is, heck, it’s nearly April if you think about it, without overthinking it. Anyway, 2017 is well underway and the news so far in the mortgage world isn’t all ... Read More »

The 5/5 ARM Is an Adjustable-Rate Mortgage for the Faint of Heart

The 5/5 ARM Is an Adjustable-Rate Mortgage for the Faint of Heart
March 6, 2017 No Comments »

There’s a popular new loan in town that a lot of credit unions seem to be offering known as the “5/5 ARM,” which essentially replaces the more aggressive 5/1 ARM that continues to be the mainstay at larger banks and ... Read More »

Warren Buffett Just Listed a Home for $11 Million That He Paid $150,000 For

Warren Buffett Just Listed a Home for $11 Million That He Paid $150,000 For
March 6, 2017 2 Comments »

At first glance, I’m wondering why he didn’t list it for $10,999,999, but shoot, he probably has a reason. Legendary investor Warren Buffett has finally listed his vacation home located at 27 Emerald Bay in Laguna Beach, CA for $11 ... Read More »

Are Home Buyers Worrying About the Wrong Thing?

Are Home Buyers Worrying About the Wrong Thing?
March 3, 2017 No Comments »

A recent Zillow survey of housing experts found that rising mortgage rates and their impact on affordability would “be the most significant force driving the 2017 housing market.” The prospect of rising rates beat out a lack of inventory, shifting ... Read More »