There’s Now a .Mortgage Top Level Domain
If you’re a webmaster, a blogger, or just happen to own a domain name or two, you might be confused as to why there are… Read More »There’s Now a .Mortgage Top Level Domain
Mortgage News
The latest real estate and mortgage industry news, digested. Look beyond the headlines to better understand what’s really happening.
I’ve been covering the mortgage industry since 2006, at a time when scores of banks and lenders were closing their doors after some very big boom years.
In fact, you can see my ongoing list of mortgage layoffs and closures if you’re curious just how many companies didn’t survive that period.
Fortunately, the climate has improved considerably since then, despite a big uptick in mortgage rates lately.
This too has led to companies merging or folding entirely, though this time around due to a lack of volume as opposed to an increase in loan defaults.
I strive to write compelling mortgage news stories, whether it’s the top lenders for a given year, a novel mortgage product, new loan limits, or a big policy change.
You can see all my latest mortgage news posts below.
Fannie and Freddie Will Offer 3% Down Mortgages Again
Some good news finally came out of Las Vegas today, and I’m not talking about someone winning a mega jackpot on an oversized one-armed bandit.… Read More »Fannie and Freddie Will Offer 3% Down Mortgages Again
Man Offers to Sell Home In Exchange for an iPhone 6 or the 32 GB iPad
So a guy, an Austrian fellow named Andreas Gindelhuber, with apparent dreams of making money in real estate here in the United States, resorted to… Read More »Man Offers to Sell Home In Exchange for an iPhone 6 or the 32 GB iPad
Trulia Is Giving Away a House in Vegas via the Game of War
I like to highlight contests that involve free houses and mortgage payoffs, and this one is a little stranger than most. Trulia, which should be… Read More »Trulia Is Giving Away a House in Vegas via the Game of War
Ben Bernanke Claims He Was Unable to Refinance His Mortgage
While this might sound a little hard to believe, it has been reported that former Federal Reserve chairman Ben Bernanke was unable to refinance his… Read More »Ben Bernanke Claims He Was Unable to Refinance His Mortgage
Here Are the Many Reasons Why Renters Rent
The whole rent vs. own argument can be pretty polarizing. There are those that liken renting to throwing money down the drain, while others think… Read More »Here Are the Many Reasons Why Renters Rent
97% of Teens Believe They Will Own a Home One Day
Several months ago, I thanked Millennials for their faith in real estate, seeing that Gen X isn’t a huge fan at the moment. But looking… Read More »97% of Teens Believe They Will Own a Home One Day
The Wealth Building Home Loan Makes the 15-Year Fixed Mortgage Affordable
Most homeowners opt for fixed-rate mortgages because there aren’t any surprises. Many of them go with a 30-year term because it’s the norm, and also… Read More »The Wealth Building Home Loan Makes the 15-Year Fixed Mortgage Affordable
Should You Take Out a 30-Year Fixed Mortgage Before It’s Gone Forever?
Well-known banking analyst Dick Bove sounded alarm bells earlier this week after he warned of a mortgage crisis by winter. Yes, this winter, as in… Read More »Should You Take Out a 30-Year Fixed Mortgage Before It’s Gone Forever?
White House Asks Lenders to Offer Lower Mortgage Rates to the Military
There’s been a lot of news coverage lately concerning veterans not receiving proper medical care. Sadly, that’s just one area where our military isn’t being… Read More »White House Asks Lenders to Offer Lower Mortgage Rates to the Military