Mortgage Rates Lower Last Week Freddie Mac's weekly survey reported lower mortgage rates last week. Average rates were as follows: 30-year fixed rate mortgages had a rate of 4.12 percent and were two … [Read more...]
Motley Fool: Low Mortgage Rates Make 2014 a Great Year to Buy a Home
The Motley Fool offers great research as to why 2014 is a great year to buy a home, based on the fact that mortgage rates are low. A chart in The Morley Fool article emphasizes the point that the … [Read more...]
Star-Telegram: Reverse Mortgages Backed By HUD Safer Starting in August
Reverse Mortgages backed by HUD offer a safe way for older Americans to access the equity in their home to meet their financial goals. The HUD website for Reverse Mortgages says: The Home Equity … [Read more...]
Zillow: 7 Tips to Secure the Best Mortgage
A Zillow article appearing in Fox Business suggests 7 things homebuyers can do to secure the best mortgage. All of these suggestions are excellent, and certainly will help borrowers get the best … [Read more...]
Sellers Offering Mortgage Buy-Downs to Homebuyers
The Los Angeles Times reports that sellers are offering mortgage buy-downs to buyers, which consists of the seller paying money to the buyer's lender to lower the mortgage rate. To make their houses … [Read more...]
Wall Street Journal: 9 Reasons to Love Your Mortgage
Jonathan Clements, in a recent article appearing in The Wall Street Journal, gives 9 reasons to love your mortgage. All of the reasons are very insightful, but the most important reasons to love … [Read more...]
Fraudulent Mortgage Loan Originators in the News
Unfortunately, there are fraudulent individuals in every profession, and it's just as true with mortgage loan originators. A story by Claudia Buck in The Sacramento Bee caught our eye this week, … [Read more...]
Freddie Mac Officially Declares that the Refinancing Boom is Over
Freddie Mac has declared the refinancing boom is officially over, stating: "The housing market realized a significant shift in the second quarter of this year as refinance activity fell below 50 … [Read more...]
YouTuber Suprised Parents By Paying Off Their Mortgage
Rapper and comedian Timothy DeLaGhetto has been in the media for his $210,000 gift to his parents to cover the balance on their mortgage. Most people will not have children in a position to give … [Read more...]
May Home Prices Rise, While Mortgage Rates Remain Steady
May home prices rose in all 20 cities tracked by the S&P Case-Shiller 20 City Home Price Index. This was the second consecutive month in which all cities posted gains. On average, national home … [Read more...]
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