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?
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
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
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
It feels like we’re getting dangerously close to repeating history in the worst way possible. High-risk loan programs that seemed extinct were perhaps only endangered,… Read More »125% Second Mortgages Are Back Again…
In a bid to increase its listing business, Redfin has launched a new tool called the “Price Whisperer,” which aims to find out the value… Read More »Redfin’s Price Whisperer Determines What Local Buyers Are Willing to Pay Before You List Your Home
There’s been a lot of fuss about the refinance market drying up lately, and we now know it’s not just noise. Last month, purchase-money mortgages… Read More »Purchase Applications Grab Majority Share of Mortgage Market in July as Refinances Fade Away
There are countless programs out there aimed at paying down the mortgage as quickly as possible, but they often highlight the interest savings without properly… Read More »A Perfect Example of Why Throwing All Your Money at the Mortgage Can Come Back to Bite You
Everyone’s heard of the Priceline Negotiator, but what about LendingTree Mortgage Negotiator? I hadn’t heard about it until last week, when a commercial popped up… Read More »The LendingTree Mortgage Negotiator Makes Home Loan Shopping Anonymous
In a bid to perhaps stay relevant, though in the FHA’s own words, to continue “its commitment to fully evaluate borrowers who have experienced periods… Read More »The FHA Is Now Offering Mortgages to Borrowers Just One Year After Foreclosure, Short Sale, or Bankruptcy
