Back in 2009, the government launched the Home Affordable Modification Program (HAMP) to help struggling homeowners keep up with their out-of-control mortgage payments. The program… Read More »Did You Receive a HAMP Modification? If So, Your Mortgage Payments May Increase This Year
President Barack Obama said a lot of things during his annual State of the Union Address before Congress last night, but he didn’t utter any… Read More »The Following Words Were Not Found in Obama’s State of the Union Address Last Night
As home prices and mortgage rates continue to rise, lenders are becoming a lot more creative with their product offerings to increase affordability and flexibility.… Read More »The HarmonyLoan: An Adjustable-Rate Mortgage You Control
Conventional wisdom says to pay off the mortgage in its entirety before you retire. That way you won’t have to worry about sizable housing costs… Read More »If You Don’t Want to Work Forever, Pay Off Your Mortgage
We’ve all been waiting for news on the Home Affordable Refinance Program (HARP) front, and a nugget has finally arrived. Unfortunately, it’s a bit of… Read More »Treasury: HARP Cutoff Date Shouldn’t Be Extended, But Refinance Program for Private Mortgages Needed
Believe it or not, real estate in the United States is actually really cheap, assuming you compare it to what others are paying in places… Read More »Real Estate in the United States Is Actually Cheaper Than Most Other Parts of the World
Well, somehow it’s already late January, which means NCAA March Madness is less than two months away! It’s personally one of my favorite sporting events,… Read More »Quicken Loans Offering $1 Billion for Perfect March Madness Bracket
If you talk to most interested parties, whether it’s a real estate agent, a home builder, or someone else who stands to make money from… Read More »No, It’s Not Always a Good Time to Buy a Home
This morning, the House Financial Services Committee heard testimony from five housing industry leaders regarding the new QM rule. The hearing, titled, “How Prospective and… Read More »Quicken CEO: Mortgage Rates on Non-QM Loans 4-5% Higher Than QM Loans
A new analysis from real estate information portal Trulia revealed that the overwhelming majority of real estate agents actually own homes as opposed to rent.… Read More »Nearly 85% of Real Estate Agents Are Actually Homeowners
