All posts by Colin Robertson
What Is Verification of Employment for a Mortgage?
When you apply for a mortgage, underwriters will comb through your finances to determine if you’re a good candidate for a loan. This includes verifying a lot of personal information, including your income, assets, credit history, and employment. Without these ... Read More »
Wells Fargo the Top Mortgage Lender in 2017, Quicken Tops for Number of Loans
Despite closing a higher number of mortgage loans last year, Quicken was unable to wrestle the coveted top spot away from Wells Fargo, per HMDA data parsed by iEmergent. During 2017, the under-fire San Francisco-based bank managed to fund $93 ... Read More »
See How Home Purchasing Power Is Eroding Thanks to Higher Rates and Prices
It’s no secret that residential real estate is expensive right now, at least relative to where it stood just a few short years ago. Home prices have moved higher and higher for about five straight years since bottoming out post-Great ... Read More »
Purchase Mortgages Expected to Increase Next Year Despite Higher Interest Rates, Pessimism
There’s been a lot of negativity regarding the housing market lately, some that I feel reflects the usual seasonal slowdown more than anything else. Yes, listing prices often fall in autumn because there are typically more homes on the market ... Read More »
Sell Your House or Rent It Out?
If you already own some real estate, perhaps a house or a condo, and are looking to move on, you might ask yourself if it’s better to sell it or rent it out. This is an especially pertinent question when ... Read More »
10 Ways to Save Money on Your Next Mortgage
You’ve heard the news – mortgage rates surpassed 5% and don’t appear to be coming back down anytime soon. While that’s up for debate, the trend is clearly not your friend when it comes to securing a low interest rate ... Read More »
Allow Me to Introduce You to the 5% Mortgage Rate
For those new to the mortgage realm, the number five might feel a little foreign. You see, for the past seven years or even longer, the popular 30-year fixed mortgage has always been in the 3-4% range. Today though, mortgage ... Read More »
How to Get Cash Out of Your Home in a Rising Rate Environment
In a perfect world, you could tap into your home equity and lower your mortgage interest rate at the same time. But because interest rates rise and fall over time, this simply won’t always be the case for homeowners in ... Read More »
Redfin Launches the Owner Estimate to Give Homeowners Control
Are you sick and tired of your Redfin Estimate or Zillow Zestimate being too low? Do you feel your property is worth much, much more than they say it is? Well, I’ve got great news for you! Redfin has introduced ... Read More »
