Mortgages

Why Borrowers Should Lock In These Great Mortgage Rates

By Jeff Jensen 2015-10-16 20:44

As average mortgage rates slightly rose to 3.82 and still remain under four percent, here is today's mortgage market brief wrap-up.

What To Do When Foreclosure Attorneys Don't Want To Go Against Banks

By Armen Hareyan G+ 2015-10-13 18:25

Foreclosure attorneys and justice system

What advice would you give this homeowner from Florida who is about to lose her house to foreclosure and has lost her faith in foreclosure attorneys?

FHA Streamline Refinance in 2015 Will Save You Money

By Jeremy Redlinger G+ 2015-07-20 02:50

The FHA has played a major role in helping home buyers purchase home since the collapse of the mortgage industry. Over the years the FHA has increased and decreased the mortgage insurance premiums it has charged to borrowers. However, the recent decrease in mortgage insurance premiums by the FHA and FHA mortgage rates makes the FHA Streamline Refinance an attractive home loan.

3 Things Not to Do When Going Through the Mortgage Process

By Steve Khan 2015-05-05 13:36

Getting a mortgage in today's real estate environment takes planning, preparation and patience on the part of the home buyer. If the home buyer is working with an experienced loan officer who knows what documents to ask for up front and how to guide ones loan application through the underwriting process the mortgage process can be much easier for the home buyer.

Stricter Guidelines for Reverse Mortgages Could Prove Most Helpful in the Long Run

By Karen Highland G+ 2015-04-30 18:05

FHA has just implemented tighter rules for reverse mortgages. Sometimes stricter rules and guidelines have a bright side...maybe more protections from fraud for those seeking a reverse mortgage.

Negative Mortgage Rates – Will They Affect U.S. Homeowners?

By Karen Highland G+ 2015-04-23 11:16

European Banks are in uncharted waters…only these waters are inverted...up is down and down is up. Who has ever heard of negative interest rates? That just seems messed up! As the European Central Bank has begun its version of Quantitative Easing, that’s exactly what has happened. Mortgage rates on some mortgage products have gone below zero. What kind of affect could that have on U.S. mortgage holders?

How mortgage rates improved after weaker than expected Jobs Report

By Steve Khan 2015-04-06 12:27

Mortgage rates and improving business environment

Mortgage rates improved slightly on Friday after an unexpectedly weak jobs report was released by the Labor Department. Economists predicted the strength seen in the labor market the past several months would continue when the March numbers were released. But the numbers came out and disappointed to the downside causing mortgage rates to improve by a small margin.