Mortgage Tips

Simple mortgage tips to help you better prepare for the mortgage process and ideally save money on your mortgage.

2018 Mortgage Rate Forecast: Overall It’s Looking Pretty Good

2018 Mortgage Rate Forecast: Overall It’s Looking Pretty Good
December 13, 2017 No Comments »

It’s that time of the year again, when we take a look at what’s in store for mortgage rates the following year. So without further ado, here is the “2018 mortgage rate forecast” from a variety of different housing and ... Read More »

Will 2018 Be the Last Great Year for This Real Estate Boom?

Will 2018 Be the Last Great Year for This Real Estate Boom?
December 11, 2017 No Comments »

A new survey of housing experts and economists led by Zillow sees home prices rising 4.1% in 2018 before annual gains normalize at around three percent per year. So far this year, home prices have risen about 6.5% (through October), ... Read More »

Can You Pay the Mortgage with Bitcoin?

Can You Pay the Mortgage with Bitcoin?
November 30, 2017 No Comments »

Mortgage Q&A: “Can you pay the mortgage with bitcoin?” First off, I apologize for writing an article about bitcoin. I know it’s all the rage right now and I’m just adding to the hype, but it’s newfound relevancy warrants this ... Read More »

Are Mortgages Simple Interest and Compounded Monthly?

Are Mortgages Simple Interest and Compounded Monthly?
November 21, 2017 No Comments »

People seem to be fascinated with how mortgages are calculated and paid off, but when it comes down to it, there’s nothing too mind-blowing happening. Each month, a portion of principal and interest are paid off as mortgage payments are ... Read More »

21 Mortgage Questions That Are Frequently Asked, Answered

21 Mortgage Questions That Are Frequently Asked, Answered
November 8, 2017 8 Comments »

Mortgage Questions and Answers I thought it would be helpful to create a post that answers a lot of top mortgage questions in one convenient place. You should know the answers to all of these questions if you’re serious about ... Read More »

FHA 203k Loan Program: The All-in-One Renovation Mortgage

FHA 203k Loan Program: The All-in-One Renovation Mortgage
October 24, 2017 No Comments »

In a nutshell, the FHA 203k loan program allows prospective home buyers to finance the cost of a property and improvements in one convenient mortgage. Instead of buying a fixer-upper, taking out a mortgage, and then later taking out a ... Read More »

Mortgage Originations by Product Type: What’s Most Popular?

Mortgage Originations by Product Type: What’s Most Popular?
October 4, 2017 2 Comments »

Ever wonder what share of borrowers are taking out a 15-year mortgage as opposed to a standard 30-year fixed? Or an ARM instead? Well, I was, and so I went looking for the data. Fortunately, I was able to track ... Read More »

Why You May Want to Apply for a Mortgage When Things Are Slow

Why You May Want to Apply for a Mortgage When Things Are Slow
September 14, 2017 1 Comment »

A new working paper from the National Bureau of Economic Research reveals that it might be best to apply for a mortgage when no one else is. The analysis, “The Time-Varying Price of Financial Intermediation in the Mortgage Market” (if ... Read More »

Mortgages for Doctors: Expanded LTVs and Large Loan Amounts

Mortgages for Doctors:  Expanded LTVs and Large Loan Amounts
September 6, 2017 No Comments »

If you’re a doctor, or even a resident, or even a veterinarian, getting a mortgage can be a little bit easier thanks to so-called physician mortgages offered by most major lenders. Just about every bank offers a special mortgage program ... Read More »

Primary Residence vs. Second Home vs. Investment

Primary Residence vs. Second Home vs. Investment
August 22, 2017 7 Comments »

Sometimes I’m surprised I miss the most basic of mortgage definitions, seeing that this blog has been around for more than a decade, but alas, I’ve never written about occupancy specifically. So without further ado, let’s talk about the three ... Read More »