Faira Looks to Ditch the Real Estate Agent
A new company called Faira, founded by a guy who designed business models for eBay and Microsoft, wants to sell your home with less stress… Read More »Faira Looks to Ditch the Real Estate Agent
Down Payment Protection for Your Home Purchase Is a Thing Now
There seems to be a new trend regarding insurance and homes losing value. Perhaps the unfortunate part is that all these new services are arriving… Read More »Down Payment Protection for Your Home Purchase Is a Thing Now
The BRED Mortgage: Combining a 30-Year Fixed, 15-Year FRM, and 5/1 ARM
Most homeowners these days rely on 30-year fixed-rate mortgages to finance their homes. But there are obvious drawbacks to the 30-year fixed, one being that… Read More »The BRED Mortgage: Combining a 30-Year Fixed, 15-Year FRM, and 5/1 ARM
A Mortgage Credit Certificate Can Save You Money on Mortgage Interest
Whether you realize it or not, when you take out a mortgage you wind up paying a lot of money in mortgage interest. And that’s… Read More »A Mortgage Credit Certificate Can Save You Money on Mortgage Interest
FHA Comes Under Attack, Again, This Time by the Big Banks
Just over a month ago, it seemed as if the FHA was loosening up. They launched the Supplemental Performance Metric, a measure introduced to ensure… Read More »FHA Comes Under Attack, Again, This Time by the Big Banks
I Wish I Could Buy a Home While Interest Rates Are So Low
Continuing my series of “Things My Friends Say,” I had yet another thought-provoking conversation with a buddy about the current state of the housing market.… Read More »I Wish I Could Buy a Home While Interest Rates Are So Low
Portland Residents Don’t Want Californians Buying Their Homes
Anti-Californian sentiment has reared its ugly head in Portland, Oregon where home prices are apparently spiraling out of control. An article in The Oregonian points… Read More »Portland Residents Don’t Want Californians Buying Their Homes
Sweden Will Force Homeowners to Pay Down Their Mortgages
In an effort to cool off the white-hot real estate market in Sweden, the country’s Financial Supervisory Authority (FSA) has been given permission to require… Read More »Sweden Will Force Homeowners to Pay Down Their Mortgages
Fannie Mae HomeReady Will Help Lower Income Borrowers Get Mortgages
In an effort to boost home loan lending to lower- and moderate-income borrowers, Fannie Mae has created a new program called “HomeReady.” Fannie didn’t release… Read More »Fannie Mae HomeReady Will Help Lower Income Borrowers Get Mortgages
Jumbo Loans Now Available with Just 5% Down
It sounds like the credit box is beginning to open up a bit more, maybe too much if the latest product announcements are any indication.… Read More »Jumbo Loans Now Available with Just 5% Down