November 2010 Mortage Articles

Mortgage disclosure forms you must receive: Truth In Lending

November 30th, 2010

When completing a refinance mortgage or new home loan application you will usually receive a package of at least 25 to 30 pages. With a few exceptions almost all the...  Read More

Purchase mortgage applications rise on increased consumer confidence

November 26th, 2010
While Americans gave thanks and took a national holiday on Thursday the economy did not stop. Economies never stop. Mixed reports had an impact on mortgage rates this week. Mortgage...  Read More

Mortgage forms: The new HUD Good Faith Estimate

November 24th, 2010

Among the many results of the housing and mortgage market crisis that began in 2008 has been an increase in disclosures for mortgage applicants, and stiffer penalties for mortgage originators...  Read More

Mortgage insurance options

November 24th, 2010

If you are applying for a mortgage, whether for a new home loan or a refinance mortgage, and have less than 20 percent equity you will need mortgage insurance. Mortgage...  Read More

Mortgage rates show biggest one week hike of the year

November 19th, 2010
If you have been using mortgage calculators to determine your monthly savings from a mortgage refinance or the balance of your new home loan, time to plug in a higher...  Read More

Fannie Mae guideline changes will impact debt consolidation mortgages

November 17th, 2010

In what has become an annual event, on Dec. 12, 2010 Fannie Mae will release “Fannie Mae 8.2″ which will alter underwriting guidelines for its residential mortgages. In Fannie’s release...  Read More

Pre-qualification calculator: buying new home and keeping old

November 16th, 2010

Many homeowners are looking at the current housing market as an opportunity to convert their existing home into an income property and purchase a new home. Before using the pre-qualification...  Read More

Mortgage rates climb on international reaction to Fed news

November 12th, 2010
While President Obama concluded his Asian trip with the G20 economic summit in Seoul, South Korea, mortgage rates climbed at home. Proving the connectivity of the global economy, foreign leaders...  Read More