While this might sound a little hard to believe, it has been reported that former Federal Reserve chairman Ben Bernanke was unable to refinance his… Read More »Ben Bernanke Claims He Was Unable to Refinance His Mortgage
In case you weren’t aware, people tend to be obsessed with the idea of paying off their mortgages. For many, it’s a major lifelong goal… Read More »Using a Home Equity Loan to Pay Off Your First Mortgage
The whole rent vs. own argument can be pretty polarizing. There are those that liken renting to throwing money down the drain, while others think… Read More »Here Are the Many Reasons Why Renters Rent
Several months ago, I thanked Millennials for their faith in real estate, seeing that Gen X isn’t a huge fan at the moment. But looking… Read More »97% of Teens Believe They Will Own a Home One Day
Most homeowners opt for fixed-rate mortgages because there aren’t any surprises. Many of them go with a 30-year term because it’s the norm, and also… Read More »The Wealth Building Home Loan Makes the 15-Year Fixed Mortgage Affordable
Well-known banking analyst Dick Bove sounded alarm bells earlier this week after he warned of a mortgage crisis by winter. Yes, this winter, as in… Read More »Should You Take Out a 30-Year Fixed Mortgage Before It’s Gone Forever?
There’s been a lot of news coverage lately concerning veterans not receiving proper medical care. Sadly, that’s just one area where our military isn’t being… Read More »White House Asks Lenders to Offer Lower Mortgage Rates to the Military
Most individuals shopping for a home will determine how much they can afford before beginning a property search. It’s the sensible thing to do. This… Read More »What You Can Afford Isn’t Necessarily What You Should Spend on a Home
Today, Bank of America reached a historic agreement with the U.S. Department of Justice to pay the largest settlement in U.S. history related to toxic… Read More »Some Homeowners Will Receive Permanent 2% Interest Rates Thanks to Bank of America Mortgage Settlement
Here’s some good news, if you can call it that. Real estate experts at a recent housing forum in San Francisco determined that we are… Read More »Apparently It’s Not a Housing Bubble, But an Affordability Crisis
