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

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

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?

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

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!

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… Read More »The Great Mortgage Recovery?

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… Read More »The Great Mortgage Slowdown