Everyone knows mortgage rates are low. But just how low are they compared to historical averages, or should I say, medians? Well, fortunately John Burns… Read More »Median 30-Year Mortgage Rates Over the Past 42 Years
Over the next few months, the FHA will make a number of substantial revisions to its annual mortgage insurance premium structure. This is in addition… Read More »Detailing the FHA’s New Annual Mortgage Insurance Premium Structure
While the good news about housing keeps flooding in, one piece of negative data jumped out at me today. The latest Zillow Negative Equity Report… Read More »Nearly 20% of Vegas Borrowers Owe More Than Double Their Home’s Worth
A new report released this week revealed that the majority of loan originators make $100,000 or more annually. This was one of the major takeaways… Read More »Majority of Loan Originators Make Six Figure Salaries
If you happened to catch last night’s State of the Union speech, you may have noticed (between the incessant clapping) President Obama’s mention of a… Read More »Obama Urges Passage of New Refinance Bill
A pair of sweeping mortgage rules is expected to eliminate roughly 60% of today’s mortgages, according to a new analysis from CoreLogic. The so-called Qualified… Read More »New Mortgage Rules Eliminate 60% of Today’s Loans
Over the past several years, scores of homeowners have elected to ditch their unmanageable mortgages via short sales to avoid foreclosure. It’s estimated that roughly… Read More »Getting a Mortgage After a Short Sale: Tips, Tricks, and Waiting Periods
Well now that the Super Bowl is over, it’s time to look forward toward spring and the rest of 2013. The holidays have passed and… Read More »Is the Housing Market on the Cusp of Another Bubble?
