That is the question… I’ve been trying to avoid writing about this subject for a week or two now, mainly because it’s so controversial, so… Read More »To Mess or Not Mess With the Mortgage Interest Deduction
There have been plenty of reports about lower-income borrowers getting the short end of the stick during the latest housing downturn. And a new National… Read More »Survey: Lower Income Borrowers Do Less Mortgage Research, Shopping
Are you interested in purchasing a home, but having a tough time coming up with the necessary down payment? Well, for a limited time, Wells… Read More »Wells Fargo Offering Mortgage Down Payment Assistance
A recent economic letter written by researchers at the Federal Reserve Bank of San Francisco paints a bleak picture for the future of the housing… Read More »Very Few Mortgage Defaulters Return to the Housing Market Quickly
You know that awesome refinance you’ve got all planned? The one that’s going to save you hundreds on your mortgage payment every month. Well, I… Read More »Mortgage Refinances Taking Nearly Two Months to Close
Well, the U.S. Department of Housing and Urban Development (HUD) finally released its long anticipated annual report to Congress today, revealing the need for more… Read More »Budget Shortfall to Raise Cost of FHA Loans
It sounds like we just hit the housing recovery trifecta, all in one stellar news day. The 30-year fixed fell to its lowest point on… Read More »Mortgage Rates, Delinquencies, and Negative Equity All Drop
A while back, I mentioned that it appeared as if we were running out of homes for sale, despite being just years (or days) out… Read More »Housing Inventory Lowest Since 2007, But Median Price Unchanged
Are foreclosures going the way of the dodo? Not quite, but they certainly aren’t as common as they once were, if a new report from… Read More »Foreclosure Resales Hit Five Year Low in Southern California
Seeing that it’s Election Day, I figured I’d take a look at historic mortgage rates to see if there is any correlation between their direction… Read More »Is There Any Correlation Between Elections and Mortgage Rates?
