Everyone I Know Is Trying to Refinance
There’s been a lot of talk (and worry) that the higher mortgage rates of late might derail the apparent housing market recovery. After all, many… Read More »Everyone I Know Is Trying to Refinance
June 2013
Watch Out for the Adjustable-Rate Mortgage Pitch
Over the past couple weeks, mortgage rates have risen roughly 1% across the board. If you look at Wells Fargo’s mortgage rates, which I highlighted… Read More »Watch Out for the Adjustable-Rate Mortgage Pitch
Check Out How Much Wells Fargo Raised Mortgage Rates This Week
Mortgage Rate Armageddon continued this week, thanks mostly to the Fed and Mr. Ben Bernanke, who made it clear we will eventually have to fend… Read More »Check Out How Much Wells Fargo Raised Mortgage Rates This Week
Five Reasons Housing Inventory Will Begin to Rise
Before you rush out to buy a home, consider the fact that inventory levels are beyond dismal at the moment, though there’s a good chance… Read More »Five Reasons Housing Inventory Will Begin to Rise
Blogger Claims Bernanke Made His Mortgage $53,000 More Expensive
A Yahoo! Finance blogger named Rick Newman claims Ben Bernanke cost him $53,000 on his recently acquired mortgage. The issue revolves around the latest testimony… Read More »Blogger Claims Bernanke Made His Mortgage $53,000 More Expensive
Mortgage Rates Would Need to Rise to 7% Before Median Home Unaffordable
Just about everyone knows mortgage rates have shot up rather dramatically recently. And now some of the major market players are actually addressing the matter,… Read More »Mortgage Rates Would Need to Rise to 7% Before Median Home Unaffordable
Bank of America Panned for Unattractive Refinance Offer
Anytime someone is looking to save you money, you should probably be skeptical, really skeptical. After all, it’s one thing to seek savings on your… Read More »Bank of America Panned for Unattractive Refinance Offer
Redfin: Home Buying Less Competitive in May
Is the housing boom already over? Did home prices peak before summer? Well, a new report from Redfin revealed that competition among home buyers eased… Read More »Redfin: Home Buying Less Competitive in May
Zillow CEO Says Don’t Wait, Best to Sell Home Now
In a rather odd interview on CNBC Thursday, Zillow CEO Spencer Rascoff said it’s “definitely a great time to sell,” despite the fact that home… Read More »Zillow CEO Says Don’t Wait, Best to Sell Home Now
Mortgage Rates Experience Largest Single-Week Increase Since 2011
To say the last couple weeks have been bad for mortgage rates (and consumers) would be an enormous understatement. In fact, over the past month… Read More »Mortgage Rates Experience Largest Single-Week Increase Since 2011