Where To Shop For Your Home Mortgage Loan
January 12, 2009
Not too long ago, if you wanted a home mortgage, you went to your banker where you did your deposits and consumer loans. You showed up at the branch a… Read more
Money Saving Home Mortgage Tips
January 12, 2009
Most homebuyers underestimate the costs of carrying a home mortgage. Let’s assume that you have a typical 30 year fixed mortgage. The borrowing rate i… Read more
It Pays To Get Pre-Approved For A Mortgage
January 12, 2009
When you shop for your home, your real estate agent along with the potential vendor will take you more seriously if they know if you already have been… Read more
Biweekly Mortgage Payment Plan Helps You Pay Off Mortgage Quicker
January 12, 2009
A biweekly mortgage payment plan is an arrangement where you make a payment that is half of your regular mortgage payment every two weeks. Since there… Read more
What is a Reverse Mortgage?
January 12, 2009
You never heard of a reverse mortgage before? A mortgage reverse is a home loan that lets older homeowners to translate part of the equity in their ho… Read more
Lower Mortgage Rates Lead to a Bona Fide Refinance Boom
January 10, 2009
Deck the halls with low mortgage rates, fa la la la la, la la, la la. Tis the season for lower mortgage rates, fa la la la la, la la, la la.
Low Interest Rates, Low Housing Prices and Lower Down Payments - The Home Buying Stars Have Aligned!
January 10, 2009
Want to start off the New Year with some good news? (We thought so.) If your New Year’s resolution centers around buying a home, there are THREE big things going on that you should know about. The home buying stars have aligned, and they’re telling you to take advantage. Low interest rates, low home prices and low down payments on FHA loans are behind it!
Due to Low Mortgage Interest Rates, Homeowners Continue to Apply for Mortgages in Record Numbers
January 10, 2009
Undaunted by the holiday season, consumers continued to apply for mortgages in record numbers last week, according to the latest Weekly Mortgage Applications Survey, released today by The Mortgage Bankers Association (MBA).
New Year, Great Mortgage Rates
January 10, 2009
Bad news for the economy translates into great news for mortgage rates, which are at their lowest in years. When the economy is slow, rates are low. If you are looking to buy or refinance, the market is on your side.
Latest Mortgage Applications Report Shows Home Purchases Picking Up Steam
January 10, 2009
Last week, the number of Americans applying for mortgages decreased from the previous week, according to a report released today by the Mortgage Bankers Association (MBA).
The Age of 2 Real Estate Appraisals
January 10, 2009
Sometimes, 2 appraisals could be required to process your loan. It's to protect you and your lender.
Federal Reserve Slashes Fed Funds Rate to Historic Low
January 10, 2009
Confronted by a continued weakening economy, the Federal Open Market Committee (FOMC, Fed) cut its target Fed Funds rate to a target range of 0 to .25 percent, its lowest level ever.
Mortgage Applications Continue Their Rally Due to Very Low Mortgage Rates
January 10, 2009
Americans continue refinancing their mortgages in massive numbers according to this morning’s Market Composite Index, released by the Mortgage Bankers Association (MBA).
How the Fed Rate Cut Affects Mortgage Rates
January 10, 2009
This week, the Federal Reserve (the Fed) lowered the Fed Funds Rate to 0.25% - its lowest in history (and even zero in some cases). This has been like a defibrillator to the sluggish economy, shocking some life into the markets and spurring economic activity.
U.S. Mortgage Market Rebounds
January 10, 2009
A very interesting article from Forbes.com yesterday outlined how the U.S. mortgage industry is showing signs of live and recovery as a result of some of the lowest mortgage rates on record.
The Age of 2 Real Estate Appraisals
January 10, 2009
Sometimes, 2 appraisals could be required to process your loan. It's to protect you and your lender.
Low Interest Rates, Low Housing Prices and Lower Down Payments - The Home Buying Stars Have Aligned!
January 10, 2009
Want to start off the New Year with some good news? (We thought so.) If your New Year’s resolution centers around buying a home, there are THREE big things going on that you should know about. The home buying stars have aligned, and they’re telling you to take advantage. Low interest rates, low home prices and low down payments on FHA loans are behind it!
Due to Low Mortgage Interest Rates, Homeowners Continue to Apply for Mortgages in Record Numbers
January 10, 2009
Undaunted by the holiday season, consumers continued to apply for mortgages in record numbers last week, according to the latest Weekly Mortgage Applications Survey, released today by The Mortgage Bankers Association (MBA).
New Year, Great Mortgage Rates
January 10, 2009
Bad news for the economy translates into great news for mortgage rates, which are at their lowest in years. When the economy is slow, rates are low. If you are looking to buy or refinance, the market is on your side.
Latest Mortgage Applications Report Shows Home Purchases Picking Up Steam
January 10, 2009
Last week, the number of Americans applying for mortgages decreased from the previous week, according to a report released today by the Mortgage Bankers Association (MBA).