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'New Home Loans' articles

Mortgage calculators, condos and HOAs

December 28th, 2010
If you own a condominium and are considering a refinance mortgage, or are considering a new home loan to purchase a condominium, your underwriting criteria are significantly different than they...  Read More

Big news: mortgage rates halt increase

December 24th, 2010

After over a month of continually rising rates that pushed mortgage rates to six month highs, new home loans and refinance mortgage applicants saw slightly lower rates this past week....  Read More

Closing costs calculator: pad your reserves

December 23rd, 2010
As you prepare for your new home loan and purchase you are wise to use a closing costs calculator. Purchasing a home requires more than just a down payment, it...  Read More

3 tips for buying a short sale

December 21st, 2010
In many housing markets across the country a significant number of the homes for sale are "short-sales." In the short-sale scenario the current owner of the home is not making...  Read More

Mortgage applications drop as rates jump

December 17th, 2010
Concerned about higher deficits and more government spending bond investors continued selling this week, pushing rates higher. Following the political action as the 111th Congress comes to an end, markets...  Read More

Three C's to protect yourself in an up rate market

December 16th, 2010
In periods such as this when mortgage rates are rising how can you ensure that you will get the mortgage rate you locked in? Depending on when you applied for...  Read More

Closing costs calculator: tracking your funds for closing

December 14th, 2010
It seems pretty simple. Use the closing costs calculator to determine how much money it will cost you to purchase your new home. Use the prequalification calculator to determine how...  Read More

Mortgage rates jump on politics, not economics

December 11th, 2010
Weekly summaries of economic data and their interpretations can assist you with your mortgage decisions using mortgage calculators. What impacts mortgage rates when there is little economic news? This week...  Read More