Sometimes I’m surprised I miss the most basic of mortgage definitions, seeing that this blog has been around for more than a decade, but alas,… Read More »Primary Residence vs. Second Home vs. Investment: Know the Key Differences
Here’s something that may finally speed up the typically slow home loan process: an appraisal-less home purchase. Yep, it’ll be a reality for some folks… Read More »Soon You May Be Able to Buy a House Without an Appraisal
We’ve been worrying that mortgage rates would go up for years now, but it just hasn’t happened yet. Sure, they’re up a little bit from… Read More »These Six Things Will Happen If Mortgage Rates Go Up
I’ve got more Millennial mortgage data for you, courtesy of the monthly Ellie Mae Millennial Tracker. This is a heavily watched group because they’re expected… Read More »Millennials Favor Conventional Mortgages Over FHA
If you have an adjustable-rate mortgage, I’ve got some important news for you. The London Interbank Offered Rate, or LIBOR as it’s known to most,… Read More »What Will Happen to Your Mortgage When the LIBOR Goes Away? Hello SOFR!
While we’ve come a long way since housing bottomed, the memories of how we got there still don’t feel very distant. A lot of things… Read More »1% Down Payment Mortgages Come Under Fire
Mortgage industry newcomer Ally Home is getting into the price match game with its just launched promotion called, you guessed it, “Price Match Guarantee.” If… Read More »Ally Home Launches Price Match Guarantee for Mortgages
Mortgage Q&A: “How long does it take to get a mortgage?” This is a fairly common mortgage question because we humans aren’t very patient. This… Read More »How Long Does It Take to Get a Mortgage? Think a Month, Not Minutes
Despite the red-hot real estate market, more Americans are regretting their home purchases, per a new Trulia survey. It’s a bit odd because home prices… Read More »For Some Reason, Homeowner Regrets Are on the Rise
It’s not just avocado toast. A new anecdotal report from the WSJ reveals that Millennials who are buying homes are increasingly choosing adjustable-rate mortgages to… Read More »Millennials Seem to Like Adjustable Rate Mortgages
