File this one under PR department. Or perhaps publicity stunt. Last week, First Savings Mortgage Corporation based out of McLean, Virginia launched a 6/1 adjustable-rate… Read More »Mortgage Lender Launches Six-Year ARM
Sure, Fannie and Freddie now allow LTVs as high as 97%, and the FHA only requires 3.5% down, but why stop there? Today, BBVA Compass… Read More »BBVA Compass Launches No Down Payment Mortgage
After only about three years, Discover might be looking to get out of the mortgage business, per a new interview with Discover Financial CEO David… Read More »Discover May Exit the Mortgage Biz
Looking to calculate a mortgage payment on the fly? Instead of searching for a mortgage calculator using Google, you can now do some calculations simply… Read More »Google Launches Mortgage Calculator Within Search Results
Here’s an interesting, though not surprising data point from Zillow. It turns out properties located next to Starbucks locations are bigger winners in terms of home… Read More »Homes Next to Starbucks Are Worth More
It has now been roughly seven years since the devastating housing crisis rocked our great nation. Between 2007 and 2014, foreclosure activity ran well above… Read More »The Mortgage Crisis Created Nearly 7.3 Million Potential Boomerang Buyers
I’ve got a bone to pick…it seems you aren’t bothering to shop around for your mortgage? Instead, you’re just going with the first lender you… Read More »Why Aren’t You Shopping Around for Your Mortgage?
Here we go again. It’s that time of the year when I make 10 predictions for the mortgage industry and real estate market for the… Read More »10 Predictions for Mortgage and Real Estate in 2015
In an effort to make homeownership more accessible, seeing that down payment is often the biggest hurdle, Fannie Mae and Freddie Mac have announced that… Read More »Fannie and Freddie Now Allow Purchases and Refis up to 97% LTV
It sounds like Christmas came early this year…borrowers who already received loan modifications via the Home Affordable Modification Program (HAMP) are now eligible for expanded… Read More »HAMP Participants Are Now Eligible for an Additional $5,000 in Principal Balance Reduction
