How to Reduce Closing Costs on Your Mortgage
When you take out a mortgage, whether it’s a home purchase or a refinance, you must pay “closing costs.” These costs can vary considerably from… Read More »How to Reduce Closing Costs on Your Mortgage
How the Government Shutdown Affects Various Types of Mortgages
The latest buzzword on the street is “shutdown,” and apart from being buzzworthy, it’s actually very real. National parks are closed and hundreds of thousands… Read More »How the Government Shutdown Affects Various Types of Mortgages
FHA Bailout Official: Agency Makes Request for $1.7 Billion from Treasury
Well, it took 79 years, but the FHA’s squeaky-clean track record is over. FHA Commissioner Carol Galante wrote a letter to Congress formally requesting a… Read More »FHA Bailout Official: Agency Makes Request for $1.7 Billion from Treasury
Zillow: Credit Score Single Most Important Factor for Mortgage Rates
This morning, Zillow, the company behind the love it or hate it Zestimate, released a new study that analyzed the impact credit scores have on… Read More »Zillow: Credit Score Single Most Important Factor for Mortgage Rates
Why Mortgages Are Declined: 50 Reasons You Might Be Denied a Home Loan
Getting a mortgage is never a sure thing, even if you’re the richest individual in the world. And even if you have a perfect 850… Read More »Why Mortgages Are Declined: 50 Reasons You Might Be Denied a Home Loan
Is the ‘No Taper’ Good or Bad for Mortgage Rates and the Housing Market?
Yesterday, many declared “victory” when the Fed decided not to taper its monthly purchases of mortgage-backed securities and longer-term Treasuries. Put simply, most assumed the… Read More »Is the ‘No Taper’ Good or Bad for Mortgage Rates and the Housing Market?
Mortgage Rate History: Check Out These Charts from the Early 1900s
Today we’ll take a brief look at some mortgage rate history to gain a little context. It’s always helpful to know what came before so… Read More »Mortgage Rate History: Check Out These Charts from the Early 1900s
Old Subprime Players Back In Charge of New Mortgage Companies
It has been about five years since the so-called subprime mortgage crisis rattled Wall Street (and America), and led to scores of layoffs and bank… Read More »Old Subprime Players Back In Charge of New Mortgage Companies
Suze Orman Says It’s Now OK to Put Just 10% Down on a Home
I’m starting to get really worried about the housing market. Suze Orman, who doles out no-nonsense financial advice to millions of loyal followers, has changed… Read More »Suze Orman Says It’s Now OK to Put Just 10% Down on a Home
Check Out the Five Biggest Sacrifices People Made In Order to Buy a Home
The National Association of Realtors released its 2013 National Housing Pulse Survey recently, and they’ve been sharing bits and pieces for free on their blog.… Read More »Check Out the Five Biggest Sacrifices People Made In Order to Buy a Home