September 2010 Mortage Articles

Interest Rates Rise On Quiet Week

September 10th, 2010
A quiet week in economic news with the Labor Day holiday saw interest rates rise. Mortgage calculators saw more activity for new home loans than refinance mortgages. Here is the...  Read More

Refinance Calculator: Using Your Equity to Payoff Other Debt

September 08th, 2010

With consumer credit card rates as high as fifteen to twenty percent and mortgage rates near four percent many homeowners consider using equity from their home to pay off their...  Read More

Buy a New Home With A Foreclosure In Your Past? Short-Sale? Bankruptcy?

September 06th, 2010
Mortgage calculators factor income, debts and down payment into mortgage calculations, but not credit history, especially severely delinquent credit items. Whether a conventional mortgage from Fannie Mae or Freddie Mac...  Read More

Mortgage Rates Continue Slow Decline, Jobs Still Needed

September 03rd, 2010
For the eighth week in a row 30-year fixed rates fell. For the third month in a row the economy lost more jobs than it produced. Cause and effect? Absolutely;...  Read More

The Mortgage Paradox: Make More Loans, Tighten Criteria

September 01st, 2010
The current mortgage market is very frustrating. You read about historically low mortgage rates, about programs designed to help boost homeownership or assist owners in keeping their homes, but when...  Read More