2017 Mortgage and Real Estate Predictions
Well, another year has passed, and not just any year. Some have referred to 2016 as the worst year ever, though I’m a little more… Read More »2017 Mortgage and Real Estate Predictions
Home Prices Rise at Fastest Pace Since 2006
Just when you thought things were cooling off, home prices surprised us with yet another killer year. Tomorrow, Zillow will release the November edition of… Read More »Home Prices Rise at Fastest Pace Since 2006
Fannie and Freddie Launch Flex Modification Program: No Paperwork Required in Some Cases
Fannie Mae and Freddie Mac have launched a new loan modification program for troubled mortgages known as “Flex Modification.” In a nutshell, the new flexible… Read More »Fannie and Freddie Launch Flex Modification Program: No Paperwork Required in Some Cases
Fairway Mortgage App: Close Your Mortgage with Your Phone
Fairway Independent Mortgage Corp. plans to launch a new smartphone app designed to make the home loan process a lot faster (and easier). The company… Read More »Fairway Mortgage App: Close Your Mortgage with Your Phone
Ally Home Loans: Bank Now Offers Retail Mortgages to Its Customers
You may remember GMAC Bank, which was taken down by its fateful mortgage arm Residential Capital (ResCap) before eventually requiring a government bailout. It wasn’t… Read More »Ally Home Loans: Bank Now Offers Retail Mortgages to Its Customers
Caliber Home Loans Unveils Ultimate Homebuying Experience: Close Your Mortgage in 10 Days
Caliber Home Loans out of Irving, Texas wants to close your mortgage faster than anyone else, and thinks it can accomplish the feat in less… Read More »Caliber Home Loans Unveils Ultimate Homebuying Experience: Close Your Mortgage in 10 Days
Is the 30-Year Fixed Mortgage Actually a Lot of Work?
I typically refer to the 30-year fixed mortgage as a set-it-and-forget-it type of mortgage because it’s fixed for the entire duration of the loan. The… Read More »Is the 30-Year Fixed Mortgage Actually a Lot of Work?
Post-Election Mortgage Rate Surge Crushes Refi Candidates, Puts Home Prices on Watch
It’s been an eventful three weeks or so since the U.S. presidential election took place, that is, if you keep an eye on mortgage rates.… Read More »Post-Election Mortgage Rate Surge Crushes Refi Candidates, Puts Home Prices on Watch
Is Now the Time to Slow Down Mortgage Repayment?
Now that mortgage rates have jumped, it might be time to take a look at how you’re repaying your mortgage. Put simply, if your mortgage… Read More »Is Now the Time to Slow Down Mortgage Repayment?
President-Elect Trump vs. Mortgage Rates
You may have already read the headlines. Things like Trump-fueled Treasury surge and the so-called Trump Effect, all driving mortgage rates higher. And it’s not… Read More »President-Elect Trump vs. Mortgage Rates