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May 2010 Mortage Articles

Refinance Applications Surge Following Unexpected Mortgage Rate Drop

May 16th, 2010

As expected, the significant drop in the U.S. stock market last week pulled down interest rates. Greece continues to be the focus of many economic discussions, even those involving U.S....  Read More

Tax Credit Ends...Or Does It?

May 12th, 2010
Much has been made of the April 30th deadline for home buyers to be under contract to be eligible for a special one time tax credit up to $8,000. Many...  Read More

Low Mortgage Rates & Early Payoff Save You Hundreds Of Thousands

May 11th, 2010

Watching the stock markets drop over 5% this past week, did you check your 401(k) or other retirement accounts to see how much you lost? Has your retirement portfolio recovered...  Read More

Mortgage Rates Drop As Stock Prices Plummet

May 07th, 2010

Positive economic news at home and negative news abroad impacts mortgage rates and home sales. Using past events to predict future events is tricky but history tells us this economic...  Read More

6 Steps To A Mortgage Loan--How The Process Works

May 05th, 2010

You have used a free mortgage calculator and considered different mortgage amounts and mortgage rates and mortgage payments. You have done your research on the historically low mortgage rates, selected...  Read More

FHA Home Loans for Debt or Mortgage Consolidation

May 02nd, 2010

Too often when looking to consolidate debt or mortgages, homeowners–or their lender–only consider conventional loans. With the decline in home values and tightening of underwriting for conventional mortgages and private...  Read More