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

Higher 2017 Conforming Loan Limit Should Boost Mortgage Originations

Higher 2017 Conforming Loan Limit Should Boost Mortgage Originations
November 8, 2016 No Comments »

A $5,000 Increase? What About $10,000? A new analysis from Black Knight Financial Services reveals that a slightly higher conforming loan limit could be enough to give mortgage origination volume a serious boost. They provided one scenario where the conforming ... Read More »

SoFi Wants You to Pay Off Your Student Loans with a Mortgage

SoFi Wants You to Pay Off Your Student Loans with a Mortgage
November 3, 2016 No Comments »

Often times student loans get in the way of a mortgage because of the tremendous monthly debt, but fintech lender SoFi wants to create the opposite effect. They’ve launched their so-called “Student Loan Payoff ReFi,” which as the name implies, ... Read More »

Nearly a Third of Recent Short Sellers Have New Mortgages

Nearly a Third of Recent Short Sellers Have New Mortgages
November 2, 2016 No Comments »

Even though the most recent housing crisis is barely behind us, many distressed homeowners have already moved on and apparently moved in. A new study from credit bureau Experian notes that some 29% of those who sold a house short ... Read More »

HomeBridge Financial to Acquire Prospect Mortgage Loan Platform

HomeBridge Financial to Acquire Prospect Mortgage Loan Platform
November 1, 2016 No Comments »

HomeBridge Financial Services announced this morning that it plans to acquire the operating assets of Prospect Mortgage, LLC headquartered in Sherman Oaks, CA. Specifically, HomeBridge is going to get their hands on Prospect’s loan production platform, with the intent of ... Read More »

FHA Lowers Owner-Occupancy Requirement to 35% for Certain Condos

FHA Lowers Owner-Occupancy Requirement to 35% for Certain Condos
October 27, 2016 2 Comments »

Effective immediately, the FHA will lower its owner-occupancy requirement for certain approved condominium complexes to just 35%. That means a given complex only needs about a third of the units to be owner-occupied, instead of the prior rule stating 50%. ... Read More »

Home Purchase Mortgage Volume to Exceed $1 Trillion in 2017

Home Purchase Mortgage Volume to Exceed $1 Trillion in 2017
October 26, 2016 No Comments »

Good News for Real Estate Agents The Mortgage Bankers Association (MBA) expects home purchase lending to hit $1.1 trillion next year, per their latest economic forecast released this week. That would mark an 11% increase from this year’s estimate and ... Read More »

Motto Mortgage Looks to Save the Mortgage Broker

Motto Mortgage Looks to Save the Mortgage Broker
October 25, 2016 No Comments »

Today, RE/MAX Holdings announced the launch of a new one-of-a-kind franchised mortgage brokerage known as Motto Mortgage. In a nutshell, the plan is to create a one-stop shop where home buyers can work with real estate agents and mortgage lenders ... Read More »

Your Mortgage Is About to Get More Paperless, Finally

Your Mortgage Is About to Get More Paperless, Finally
October 24, 2016 No Comments »

They say the average mortgage application contains some 500 pages, which explains part of the frustration mortgage borrowers feel when going through the loan process. But Fannie Mae and Freddie Mac want to ease that burden by finally digitalizing the ... Read More »

FHA Rumored to Cut Insurance Premiums by 25 Basis Points

FHA Rumored to Cut Insurance Premiums by 25 Basis Points
October 18, 2016 No Comments »

There’s been speculation pretty much ever since the last cut that the FHA would lower insurance premiums once more. And the rumor mill has been really busy the past few weeks, signaling a possible cut in the next month or ... Read More »

Plastiq Lets You Charge the Mortgage for a Fee

Plastiq Lets You Charge the Mortgage for a Fee
October 14, 2016 1 Comment »

A company called Plastiq enables consumers to make payments with their credit cards that might not otherwise be accepted by the recipient. One such example that comes to mind is the paying of a mortgage with a credit card. I ... Read More »