Mortgage Rates vs. the World Cup
Happy World Cup opening day everyone. I like soccer (and mortgages) so I tried desperately to come up with a way to combine both subjects.… Read More »Mortgage Rates vs. the World Cup
Mortgage Lending Standards Aren’t Too Tight, Really
I’m getting sick and tired of hearing about how restrictive and constrained mortgage lending standards are these days. It’s really not that hard to get… Read More »Mortgage Lending Standards Aren’t Too Tight, Really
You Can Have an Adjustable-Rate Mortgage, But Only If You Educate Yourself First
Homeowners opt for ARMs instead of fixed mortgages for a number of reasons, but it’s mostly to save money. After all, adjustable-rate mortgages are offered… Read More »You Can Have an Adjustable-Rate Mortgage, But Only If You Educate Yourself First
Mr. Wonderful of Shark Tank Fame Thinks Real Estate Is a Crappy Investment
If you watch Shark Tank, you’re quite familiar with Kevin O’Leary, the cynical money loving, yet somehow likable venture capitalist. Well, now he’s also a… Read More »Mr. Wonderful of Shark Tank Fame Thinks Real Estate Is a Crappy Investment
Netflix, iPhones, and Lattes Are More Important than Saving to Buy a Home
A few months back, I noted that Millennials, those born between 1980 and 1995, purchased the most real estate between July 2012 and June 2013.… Read More »Netflix, iPhones, and Lattes Are More Important than Saving to Buy a Home
If You Can’t Pay the Mortgage, Live in Your Awesome Garage
Here’s a novel idea. If you’re having trouble paying the mortgage, and you can’t get any assistance from your lender/servicer, you don’t need to give… Read More »If You Can’t Pay the Mortgage, Live in Your Awesome Garage
Wells Fargo Vows to Fix the Flawed HELOC Product
It’s not uncommon for homeowners to take out a home equity line of credit (HELOC) behind their first mortgage to pay for home renovations or… Read More »Wells Fargo Vows to Fix the Flawed HELOC Product
Almost Half of Recent Home Purchases Required Mortgage Insurance
A new survey from TD Bank revealed that a large percentage of recent home buyers needed mortgage insurance to get the deal done. The bank… Read More »Almost Half of Recent Home Purchases Required Mortgage Insurance
Refinance Applications Remain 65% Below Last Year’s Pace Despite Lowest Rates of 2014
You’d think mortgage applications would be humming given the recent sizable declines in mortgage rates. After all, rates haven’t been this low since last November.… Read More »Refinance Applications Remain 65% Below Last Year’s Pace Despite Lowest Rates of 2014
Joe Biden Is a Refinancing Machine
Though HARP is often referred to as “Obama’s refinance program,” perhaps Vice President Joe Biden’s name should be in there as well. Why? Because the… Read More »Joe Biden Is a Refinancing Machine