March 2010 Mortage Articles

What Is Best For Your Mortgage Application? Fannie, Freddie, FHA?

March 31st, 2010
Which type of loan is best for your refinance mortgage or purchase mortgage? Each of the three main types of mortgages–Fannie Mae, Freddie Mac, and FHA–has benefits for borrowers, but...  Read More

Property Appraisals Can Affect Homeowners Coverage Required by Refinance Lenders

March 30th, 2010
You have owned your home for several years and have completed a loan application for a refinance. Your loan officer calls and says you must increase your homeowners insurance policy...  Read More

Hybrid ARMs: How Do They Work?

March 30th, 2010
As the housing market slowly stabilizes in different regions of the country, one trend that is emerging is the increase in mortgage applications for hybrid ARMs. Combining advantages of fixed...  Read More

Mortgage Applications Dip Mortgage Rates Steady

March 30th, 2010
Continuing trends were the theme this week for mortgage applications and mortgage rates. Economic and mortgage data released highlight two constants from the past several weeks: dropping mortgage applications and...  Read More

Tax Filing Deadline And Your Loan Application for Refinance or Purchase Mortgage

March 25th, 2010
April 15 is almost upon us, which means if you have not already filed your taxes you will need to do so soon. What does this have to do with...  Read More

Fed, Inflation News Good For Mortgage Applicants

March 25th, 2010
Some key economic news and data this week supports low mortgage rates. Mortgage applications dipped less than 2% for the week ended March 12, 2010, as mortgage rates for week...  Read More

Fed Maintains Historically Low Rates - Analysts Believe Rates May Rise This Year

March 16th, 2010
Earlier today, Tuesday March 16th, the Federal Reserve announced that they are once again keeping bank rates near zero, continuing the trend of historically low rates. In a press...  Read More

Federal Reserve Rate Annoucement Today

March 16th, 2010

The Federal Reserve is scheduled to make a rate announcement today at 2:15 pm ET. While the central bank is expected to hold its benchmark rate at historic lows,...  Read More