Chase Also Launched a 3% Down Payment Mortgage
It’s been a busy month for the launch of low-down payment mortgages… It turns out Chase also has a 3% down offering, though it wasn’t… Read More »Chase Also Launched a 3% Down Payment Mortgage
The Surprising Mistake a Lot of People Make Before Refinancing
A new study from credit bureau TransUnion revealed that consumers still don’t get it when it comes to smart credit habits. Conventional wisdom tells us… Read More »The Surprising Mistake a Lot of People Make Before Refinancing
Wells Fargo yourFirst Mortgage: You Only Need a 3% Down Payment
The nation’s largest mortgage lender, Wells Fargo, is now offering mortgages to home buyers with just 3% down via their new “yourFirst Mortgage.” I’m assuming… Read More »Wells Fargo yourFirst Mortgage: You Only Need a 3% Down Payment
If You Put Down Less Than 20%, You’re Paying Mortgage Insurance
Here’s yet another anecdote involving some buddies who were arguing about their mortgages. This seems to be a trend lately. In short, both guys put… Read More »If You Put Down Less Than 20%, You’re Paying Mortgage Insurance
Know Which Type of Mortgage You Want Before Speaking to Any Lenders
So I was chatting with a couple buddies the other night about their mortgages, as I do sometimes, and the two of them were engaging… Read More »Know Which Type of Mortgage You Want Before Speaking to Any Lenders
A Return to Bubble-Era Home Prices Doesn’t Signal a Crisis
There’s renewed fear that another housing crisis is on the horizon because home values are inching closer and closer to their so-called “bubble-era prices.” However,… Read More »A Return to Bubble-Era Home Prices Doesn’t Signal a Crisis
Paying Your Mortgage Faster So You Can Actually Sell Your Home
Most people seem to be obsessed with paying off their mortgage early, whether it’s good for them or not. Clearly it’s a psychological victory to… Read More »Paying Your Mortgage Faster So You Can Actually Sell Your Home
Can We Use These Charts to Predict the Next Housing Crisis?
The Urban Institute released its monthly chartbook today, which provides tons of data about the mortgage market. As I scanned through it, I came across… Read More »Can We Use These Charts to Predict the Next Housing Crisis?
Should You Buy a Home Where the FHA Loan Share Is High?
Another one of those wonky Federal Reserve papers was released last week, which made the claim that government-backed mortgage insurance promoted a faster recovery post… Read More »Should You Buy a Home Where the FHA Loan Share Is High?
Bernie Sanders Wants Every Homeowner to Get the Mortgage Interest Deduction
It’s that time of the year again, when presidential hopefuls lay out their plans to save America and get the nation back on its feet.… Read More »Bernie Sanders Wants Every Homeowner to Get the Mortgage Interest Deduction