For those of you still wondering why home prices haven’t plummeted, despite significantly higher mortgage rates, it’s because there isn’t a negative correlation. A lot… Read More »Higher Mortgage Rates Hurt Sales Volume, Not Home Prices
As if you needed more evidence that it’s not a good time to buy a home. The latest piece comes from the WSJ, which revealed… Read More »It’s Not a Good Time to Buy a Home and Everyone Knows It
This week, I read an article in the WSJ about paying the mortgage with a credit card. Either things are really bad in the economy,… Read More »An Alternative to Paying the Mortgage with a Credit Card
If you thought 8% mortgage rates were bad, what about 9% mortgage rates? What was once unthinkable is now not so hard to believe, with… Read More »Is It Time to Start Talking About 9% Mortgage Rates?
The nation’s largest home builder, D.R. Horton, also has its own affiliated mortgage lender known as “DHI Mortgage.” Recently, new home sales have surged in… Read More »DHI Mortgage Review: The Nation’s Largest Home Builder Has Its Own Mortgage Lender
One of the things prospective home buyers and existing homeowners seem to care most about is mortgage rates. And for good reason – the interest… Read More »An 8% Mortgage Rate?! Use These Mortgage Charts to Easily Compare Monthly Payments Fast
If you have ever purchased a home and applied for a mortgage, you’ve likely come across the term “escrow.” Contrary to Portlandia’s definition, the “the… Read More »What Is Escrow?
On a day when mortgage rates are officially close to hitting 8%, I decided to write a post about why they might be a lot… Read More »8% Mortgage Rates Look Imminent, But Could That Be Their Peak?
The U.S. Department of Housing and Urban Development (HUD) announced today that lenders will now be able to count income from ADUs when underwriting FHA… Read More »Now You Can Use ADU Income to Qualify for an FHA Loan
Today we’ll check out “Lennar Mortgage,” which is the financing division of parent company Lennar Corp. If you weren’t aware, Lennar is one of the… Read More »Lennar Mortgage Review: Known for Offering Big Mortgage Rate Buydowns
