This headline may have caught your attention seeing that it sounds like terrible advice. But wait, let them explain. Well, let me explain Trulia’s rationale… Read More »Trulia: Not a Bad Idea to Buy an Unaffordable Home
If you were to get a mortgage today, where would you go? Would you turn to your local bank or would you look elsewhere? I’d… Read More »Why Most People Don’t Get Mortgages from Their Bank
Beginning in mid-2016, Fannie Mae will incorporate “trended credit data” into its automated underwriting system Desktop Underwriter (DU). You’re probably wondering what trended credit data… Read More »Fannie Mae to Use Trended Data When Evaluating Your Credit
A new company called Faira, founded by a guy who designed business models for eBay and Microsoft, wants to sell your home with less stress… Read More »Faira Looks to Ditch the Real Estate Agent
There seems to be a new trend regarding insurance and homes losing value. Perhaps the unfortunate part is that all these new services are arriving… Read More »Down Payment Protection for Your Home Purchase Is a Thing Now
Most homeowners these days rely on 30-year fixed-rate mortgages to finance their homes. But there are obvious drawbacks to the 30-year fixed, one being that… Read More »The BRED Mortgage: Combining a 30-Year Fixed, 15-Year FRM, and 5/1 ARM
Whether you realize it or not, when you take out a mortgage you wind up paying a lot of money in mortgage interest. And that’s… Read More »A Mortgage Credit Certificate Can Save You Money on Mortgage Interest
Just over a month ago, it seemed as if the FHA was loosening up. They launched the Supplemental Performance Metric, a measure introduced to ensure… Read More »FHA Comes Under Attack, Again, This Time by the Big Banks
Continuing my series of “Things My Friends Say,” I had yet another thought-provoking conversation with a buddy about the current state of the housing market.… Read More »I Wish I Could Buy a Home While Interest Rates Are So Low
Anti-Californian sentiment has reared its ugly head in Portland, Oregon where home prices are apparently spiraling out of control. An article in The Oregonian points… Read More »Portland Residents Don’t Want Californians Buying Their Homes
