California Housing Market Still Strong
While many cities throughout the United States deal with bubble trouble, California has managed to hang onto a good chunk of its housing gains from… Read More »California Housing Market Still Strong
Option ARM Loans Still Most Touted Mortgage Program
After considerable negative press, the option-arm, or pick-a-pay loan continues to be the most touted by mortgage companies, mortgage brokers, and loan officers. Despite the… Read More »Option ARM Loans Still Most Touted Mortgage Program
Southern California Homeowners Still Seeing Green
Well, the housing market may have burst, but the years of upside in the Southern California housing market have provided enough strength to keep home… Read More »Southern California Homeowners Still Seeing Green
Stubborn Sellers, Patient Buyers Rule the Market
You’d think everyone would be trying to sell their home after the big profits they made in the past few years. Well, they are selling,… Read More »Stubborn Sellers, Patient Buyers Rule the Market
A Little Lesson About Loan Officers
Over the past five years the mortgage industry has seen an explosion in growth. With super-low mortgage rates and a vast array of loan programs… Read More »A Little Lesson About Loan Officers
Pick-a-Default-or-a-Foreclosure-Pay Mortgage
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
Slow Housing Market, Great Interest Rates?
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?
Feds Pause Rates, But is it Enough to Save Mortgage?
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?
Mortgage is Dead
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… Read More »Mortgage is Dead
Bad Credit OK!
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… Read More »Bad Credit OK!