The Truth About Mortgage Blog

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A warm and friendly (and most importantly objective) place to learn about mortgages, ideally before you make contact with a bank or lender. The more you know, the better you’ll feel, and hopefully all that hard work will help you snag a lower mortgage rate too! So what are you waiting for? Let's go! See all mortgage help topics to get started.

Latest Posts

Pick-a-Default-or-a-Foreclosure-Pay Mortgage

October 7, 2006 No Comments »

Let’s take a moment to talk about pick-a-pay mortgages, otherwise known as negative amortization loans, which have surged in popularity in the last five years – so much so that they’ve been highly featured, and in turn scrutinized, from USA ... Read More »

Slow Housing Market, Great Interest Rates?

September 29, 2006 No Comments »

Housing starts dropped to a three year low last month, and for the first time in 11 years housing prices have dropped. This is based on a median price comparison from year to year data from August 2005 and August ... Read More »

Feds Pause Rates, But is it Enough to Save Mortgage?

September 22, 2006 No Comments »

Fed Chairman Ben Bernanke left the federal funds rate unchanged Wednesday, steady at 5.25%. It’s the second month in a row that the fed decided to leaves rates as they are, and many feel this could be the end of ... Read More »

Mortgage is Dead

September 13, 2006 No Comments »

The mortgage industry is dead. Either that, or people haven’t come back from their Labor Day holiday yet. Or maybe it’s the fact that school is starting up again and people have other things on their mind. Either way, I ... Read More »

Bad Credit OK!

August 23, 2006 No Comments »

Have you ever seen those mortgage ads that offer great mortgage rates and monthly mortgage payments, and even go as far as to say “Bad Credit OK!”? I just saw one and got the urge to write about it. I’m ... Read More »

The Great Mortgage Recovery?

August 19, 2006 No Comments »

It seems like the market is starting to pick up again. Mortgage rates have improved tremendously, and are now in the low 6%’s for a 30 yr fixed-rate mortgage. It’s really not too far off from a year ago, so ... Read More »

The Great Mortgage Slowdown

August 13, 2006 No Comments »

Well it’s August of 2006, and the industry is really grinding to a halt. It seems that a lot of shops have closed, and companies have finished their downsizing, with many companies either being halved, or completely sold off. Our ... Read More »

The Current Price of Real Estate

July 28, 2006 No Comments »

So as an Account Executive, I see a lot of loans. All I see are loans. Day in and day out, though luckily only five out of the seven days in a given week. =) I see all types of ... Read More »