I’ve discussed the idea of an enhanced Home Affordable Refinance Program (HARP) on several occasions, though nothing has actually materialized. Whether it’s HARP 3.0, #MyRefi,… Read More »Chart: Look How Many Homeowners Could Benefit From HARP 3.0
As competition heats up, banks and lenders will likely ramp up efforts to get their hands on your mortgage, using all types of pitches and… Read More »Don’t Choose a Mortgage Lender for Their Sales Gimmick
During an interview with CNBC this morning, Ara Hovnanian of K. Hovnanian Homes expressed that he’s not worried about higher mortgage rates hurting the housing… Read More »Hovnanian: Higher Mortgage Rates Will Just Lead to Smaller Homes
I feel like I’ve been going on and on about mortgage rates lately, but for good reason. After hovering at or near record lows for… Read More »Look: Mortgage Rates Are Still Historically Cheap
While your neighbor’s home loan may be none of your business, how they choose to finance their property can affect your home’s value. A new… Read More »Why You Should Care About Your Neighbor’s Mortgage
Over the past couple weeks, mortgage rates have risen roughly 1% across the board. If you look at Wells Fargo’s mortgage rates, which I highlighted… Read More »Watch Out for the Adjustable-Rate Mortgage Pitch
A Yahoo! Finance blogger named Rick Newman claims Ben Bernanke cost him $53,000 on his recently acquired mortgage. The issue revolves around the latest testimony… Read More »Blogger Claims Bernanke Made His Mortgage $53,000 More Expensive
Anytime someone is looking to save you money, you should probably be skeptical, really skeptical. After all, it’s one thing to seek savings on your… Read More »Bank of America Panned for Unattractive Refinance Offer
In a rather odd interview on CNBC Thursday, Zillow CEO Spencer Rascoff said it’s “definitely a great time to sell.” This despite the fact that… Read More »Zillow CEO Says Don’t Wait, Best to Sell Home Now
To say the last couple weeks have been bad for mortgage rates (and consumers) would be an enormous understatement. In fact, over the past month… Read More »Mortgage Rates Experience Largest Single-Week Increase Since 2011
