A new Fed study and associated workshop revealed that mortgage lenders continue to offer inflated mortgage rates to consumers, despite ongoing efforts to reduce such… Read More »Mortgage Rates Not as Low as They Could Be
Well, another year has passed, and unlike previous years, 2012 was a fairly decent year for the housing market. After all, 30-year fixed mortgage rates… Read More »10 Predictions for Mortgage and Housing in 2013
There’s been a lot of hubbub lately regarding the FHA, its seemingly high-risk lending, and its dwindling insurance fund (that would eventually be taxpayers’ problem).… Read More »FHA Goes Easy on Borrowers with Soft Changes
Here’s a little nugget of potentially good news that may materialize out of the fiscal cliff. The Treasury Department is reportedly floating a new initiative,… Read More »Fiscal Cliff Deal May Include Loan Modifications for Non-Agency Mortgages
Bank of America CEO Brian Moynihan got down to brass tacks today. Well, sort of. As much as the CEO of one of the world’s… Read More »BofA Boss: Not Everyone Should Own a Home
Well, it has been about a week since I shared my opinion on the much-disputed mortgage interest deduction. Since then, plenty of folks have weighed… Read More »This Week in Mortgage Deduction Land
So I took the time to watch (most of) HUD Secretary Shaun Donovan’s testimony before the Senate Committee on Banking, Housing, and Urban Affairs. He… Read More »FHA Gets Grilled for Just About Everything They Do
Well, believe it or not, the holidays are upon us again. It seems like just yesterday I was cursing the fact that I didn’t have… Read More »Watch the Holiday Spending If You Plan to Refinance
File this under confusing. A new “online study” from Carlisle & Gallagher Consulting Group released today revealed some interesting consumer sentiment regarding mortgages. The point… Read More »Consumers Prefer PayPal Over Walmart for Mortgage Needs
