All posts by Colin Robertson

Is Mortgage a Good Debt or a Bad Debt?

Is Mortgage a Good Debt or a Bad Debt?
July 20, 2020 No Comments »

You may have heard that mortgage is a “good debt,” in that it’s okay to carry a multi-hundred-thousand-dollar loan for decades on end. While that may sound counterintuitive to the many anti-debt folks out there, such as Suze Orman or ... Read More »

Knock Home Swap: Buy, Sell, a Get a Mortgage with Just One Company

Knock Home Swap: Buy, Sell, a Get a Mortgage with Just One Company
July 16, 2020 1 Comment »

One of the trickiest aspects of homeownership is unloading an existing property while acquiring a replacement. Aside from being stressful, it can also be difficult it not impossible thanks to financing constraints and unwanted contingencies, which a home seller likely ... Read More »

15-Year Fixed Mortgage Rates Just Hit Record Lows: Should You Consider One?

15-Year Fixed Mortgage Rates Just Hit Record Lows: Should You Consider One?
July 9, 2020 No Comments »

While 30-year fixed mortgage rates tend to steal all the headlines, 15-year fixed mortgage rates quietly reached record lows this week as well, per Freddie Mac’s weekly survey. This morning, Freddie announced that the 30-year fixed fell to a new ... Read More »

A Look Inside the Books of Rocket Companies, Inc.

A Look Inside the Books of Rocket Companies, Inc.
July 8, 2020 No Comments »

Thanks to a newly released SEC Form S-1 associated with their upcoming initial public offering (IPO), we now know a lot more about closely held Quicken Loans, aka Rocket Mortgage, aka “Rocket Companies, Inc.” The company, which bills itself as ... Read More »

Now Home Prices Are Expected to Fall By 2021 Thanks to COVID-19

Now Home Prices Are Expected to Fall By 2021 Thanks to COVID-19
July 7, 2020 No Comments »

While the housing market has been coming up roses lately, even in the face of COVID-19, it might turn out to be a short-lived affair as widespread unemployment takes hold. A new report from CoreLogic today revealed that despite a ... Read More »

The Top 25 Mortgage Lenders of 2019

The Top 25 Mortgage Lenders of 2019
June 30, 2020 No Comments »

If you’re curious which mortgage lender closed the most home loans in 2019, I’ve got your answer. You probably already guessed it was Detroit, Michigan-based Quicken Loans, which also led on total dollar amount in recent quarters. But if you ... Read More »

Are Mortgage Points Worth the Cost?

Are Mortgage Points Worth the Cost?
June 29, 2020 No Comments »

Mortgage Q&A: “Are mortgage points worth it?” When taking out a mortgage, whether for a new home purchase or to refinance an existing loan, one decision you’ll undoubtedly have to make is if it’s worth paying mortgage points to obtain ... Read More »

Record Number of Home Buyers Searching Outside Their Own City as Properties Fly Off the Shelf

Record Number of Home Buyers Searching Outside Their Own City as Properties Fly Off the Shelf
June 25, 2020 No Comments »

After some uncertain months while COVID-19 first emerged, home buying has become hot again. Super-hot. In fact, homes are being scooped up at the fastest pace in more than two years, per Zillow. Homes Are Going Pending Fast Homes went ... Read More »

Veterans Can Now Get Rates as Low as 2.25% on a 30-Year Fixed Mortgage

Veterans Can Now Get Rates as Low as 2.25% on a 30-Year Fixed Mortgage
June 24, 2020 No Comments »

It seems mortgage rates keep moving lower and lower, and now some veterans and active duty military might be able to snag a 30-year fixed as low as 2.25%! That’s pretty unheard of. While it sounds too good to be ... Read More »