Many people have avoided adjustable-rate mortgages (ARMs) because of horror stories about borrowers being unable to keep up with payments. But if you are in... Read More
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January 31st, 2012Mortgage delinquency rate fell in second quarter 2011
November 07th, 2011Fewer borrowers were behind on mortgage loan payments in the second quarter of 2011, compared with a year earlier, according to TransUnion. The national mort... Read More
Mortgage rate lock: 3 questions for your lender
November 07th, 2011A bit of a risk taker--and trying to time the market? Or anxious about paying more--and want piece of mind? Here are three critical questions for your mortgage lender when considering when to lock your loan rate.... Read More
Home price and sales data show weaker housing markets
February 28th, 2011If you've been thinking 2011 is the year for you to purchase a new home you may be weighing whether to purchase before rates climb... Read More
Trust yourself, trust your home
February 22nd, 2011Every newspaper has a section where, if you are in it, you will not be able to read your name and the story. It is the obituary section. Reading... Read More
Mortgage rates remain above 5 percent as consumer prices rise
February 18th, 2011There is a relationship between prices you pay in the store and the rate on your new home loan or refinance mortgage. This week two key indexes on prices were... Read More
No payments? No Closing Costs? Lower interest rate?
February 15th, 2011There are many ways a seller can participate to assist you with your new home loan and home purchase. Fannie Mae, Freddie Mac and FHA guidelines allow for the seller... Read More
Rates at 10 month high, White House proposes changes for Fannie-Freddie
February 12th, 2011While the world was focused on events in Egypt this week some major news was occurring at home for the mortgage industry. The industry took a look back and speculation... Read More
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