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September 2010 Mortage Articles

Savings calculator + prudence = new home

September 29th, 2010

Since 2007 home buyers have had the advantage in the real estate markets as home prices have dropped and inventories have risen. During this buyers’ market you have told yourself...  Read More

Mortgage calculator step 1 of 3 for successful transaction

September 28th, 2010

You’re planning to purchase a new home or refinance your existing mortgage. Where to begin the process and when? Here are three areas that are important to keep in mind...  Read More

Positive economic news pushes mortgage rates

September 24th, 2010

Bad news in the economy is good news for those looking for a mortgage. Good economic news is good for the nation but not so good for mortgage seekers as...  Read More

Mortgage calculators and the 1-2-3 of qualifying your tax returns

September 22nd, 2010

How familiar are you with your income tax return? Do you have 2106 expenses or a Schedule E? You are using mortgage calculators to research a refinance mortgage or new...  Read More

Mortgage insurance and property values

September 21st, 2010
A growing proportion of mortgage applications are for loans that require mortgage insurance because of a high loan-to-value. This puts mortgage insurance companies into a powerful position as to deciding...  Read More

Mortgage rates inching up despite economy

September 17th, 2010
In the short term bad economic news is good news for you if you are shopping for lower mortgage rates. This past week economic data was not good, not real...  Read More

Reverse mortgage options: one from column A, one from column B

September 16th, 2010

According to the U.S. Census Bureau in 2008 approximately 23.8 million homes were owned free and clear, i.e. with no mortgage, constituting 32 percent of total U.S. residences. The overwhelming...  Read More

5 guidelines for using mortgage calculators with co-signers

September 13th, 2010

Co-signers for mortgage applications are becoming more and more necessary as the economy continues to reduce incomes and mortgage underwriting guidelines get tighter. Mortgage calculators can estimate your monthly payment,...  Read More