All posts by Colin Robertson

Prosperity Home Mortgage Review: A Berkshire Hathaway Backed Mortgage Lender

Prosperity Home Mortgage Review: A Berkshire Hathaway Backed Mortgage Lender
August 10, 2020 No Comments »

Prosperity Home Mortgage based out of Chantilly, Virginia originally got started in the Carolinas back in 2006. While that was probably the last good year for the mortgage industry before the Great Recession, the independent mortgage banker was able to ... Read More »

COVID-19 Is Pushing Home Buyers to Move Sooner

COVID-19 Is Pushing Home Buyers to Move Sooner
August 6, 2020 No Comments »

Sometimes you need a little push to get things going, especially when it’s a big something like purchasing a home. Well, it turns out a pandemic can be that driving force, as evidenced by a new survey from real estate ... Read More »

Home Prices Are the Most Affordable They’ve Been Since 2016

Home Prices Are the Most Affordable They’ve Been Since 2016
August 4, 2020 No Comments »

With real estate white-hot and property values continuing to skyrocket despite a worldwide pandemic, homes remain surprisingly affordable. At first glance, it’s kind of odd, both that home prices continue to rise amid a pandemic, and that they’re still quite ... Read More »

How About a 1% Mortgage Rate?

How About a 1% Mortgage Rate?
August 3, 2020 No Comments »

Well, maybe not exactly 1%, but in the 1% range? More specifically, starting with the number “1,” which on its own sounds too good to be true. It’s now a reality thanks to, you guessed it, United Wholesale Mortgage, who ... Read More »

Cornerstone Home Lending Review: Doing Mortgages Since the 1980s

Cornerstone Home Lending Review: Doing Mortgages Since the 1980s
July 30, 2020 No Comments »

While there are a lot of new faces and startups in the mortgage industry, few companies have stood the test of time, especially with the Great Recession rearing its ugly head in the early 2000s. But one mortgage company, Houston, ... Read More »

UWM’s Exact Rate Lets Borrowers Choose Exact Mortgage Rates

UWM’s Exact Rate Lets Borrowers Choose Exact Mortgage Rates
July 30, 2020 6 Comments »

The mortgage industry can be a little bit old school. Similar to how the stock market used to operate in sixteenths, and later eighths, mortgage rates are mostly offered in eighths. Before 2001, the stock market only allowed price movements ... Read More »

Homespire Mortgage Review: Now Waiving Lender Fees for Healthcare Workers

Homespire Mortgage Review: Now Waiving Lender Fees for Healthcare Workers
July 29, 2020 No Comments »

Today we’ll learn more about Homespire Mortgage, which has made the Inc. 5000’s List of America’s Fastest-Growing Private Companies for the past three years in a row. They are a rapidly expanding direct-to-consumer mortgage lender based out of Gaithersburg, Maryland ... Read More »

Is a 2.25% 30-Year Fixed Mortgage Rate in the Cards?

Is a 2.25% 30-Year Fixed Mortgage Rate in the Cards?
July 29, 2020 No Comments »

One of the problems with refinancing a home loan right now is that mortgage rates keep falling. As such, you might find the need to refinance again shortly after refinancing. Aside from being inconvenient, it’s also not very cost-effective. Yes, ... Read More »

Homeowners in Forbearance Plans Have Lower Credit Scores, Higher DTI Ratios

Homeowners in Forbearance Plans Have Lower Credit Scores, Higher DTI Ratios
July 28, 2020 No Comments »

The latest weekly Forbearance and Call Volume Survey from the Mortgage Bankers Association (MBA) revealed that 7.80% of outstanding home loans were in forbearance. That number was up slightly from 7.74% a week earlier, putting roughly 3.9 million homeowners in ... Read More »