If we’ve learned anything from Goldilocks and the Three Bears, it’s that we should strive for “just right,” no matter if it’s porridge or home… Read More »Hooray, Home Price Gains Are Slowing and Should Be Just Right by Year End
I’m sure regular readers of this blog see me as a bit of a pessimist, perhaps a little cynical. After all, I bring the bad… Read More »Don’t Buy a House Because You Don’t Want to Miss Out
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
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
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
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
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
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
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
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
