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

These Are the Cities Where Mortgages Are Denied Most

These Are the Cities Where Mortgages Are Denied Most
November 30, 2016 No Comments »

Not every mortgage application makes it to the finish line. In fact, lots of mortgages fall out of the pipeline early on for a variety of different reasons. Sometimes it’s the customer who has a change of heart, and other ... Read More »

Six Ways to Secure a Low Mortgage Rate Despite the Recent Jump

Six Ways to Secure a Low Mortgage Rate Despite the Recent Jump
November 21, 2016 No Comments »

Since the election, mortgage rates have been on fire. And by on fire, I mean rapidly escalating from the mid-3% range to above 4% with no end in sight. That might have pushed you into panic-mode if you’re considering a ... Read More »

Are You Equity Rich?

Are You Equity Rich?
November 21, 2016 No Comments »

If you own a home, you probably realize you have some precious equity, especially now that home prices have increased for years on end. Put simply, home equity is the difference between your property value and your existing lien(s). So ... Read More »

President-Elect Trump vs. Mortgage Rates

President-Elect Trump vs. Mortgage Rates
November 14, 2016 2 Comments »

You may have already read the headlines. Things like Trump-fueled Treasury surge and the so-called Trump Effect, all driving mortgage rates higher. And it’s not just fodder, it’s true. Since the election results came in last Tuesday night, mortgage rates ... Read More »

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 »