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… Read More »Pick-a-Default-or-a-Foreclosure-Pay Mortgage
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… Read More »Slow Housing Market, Great Interest Rates?
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… Read More »Feds Pause Rates, But is it Enough to Save Mortgage?