There have been plenty of reports about lower-income borrowers getting the short end of the stick during the latest housing downturn. And a new National… Read More »Survey: Lower Income Borrowers Do Less Mortgage Research, Shopping
Seeing that it’s Election Day, I figured I’d take a look at historic mortgage rates to see if there is any correlation between their direction… Read More »Is There Any Correlation Between Elections and Mortgage Rates?
By now, we’ve all heard the line, “Are you better off than you were four years ago?” It was uttered in 1980 during a presidential… Read More »The White House Is Better Off Than It Was Four Years Ago
If you want to snag a foreclosure property on the cheap, take a look at the new improved Zillow. The real estate listing company announced… Read More »Zillow Now Offers Pre-Foreclosure and Foreclosure Listings for Free
What a difference four years make. Back in 2007, the only subject the presidential hopefuls talked about was mortgages. In fact, it got to a… Read More »Mortgage Mentioned Just Once During Final Presidential Debate
As a result of recent enhancements, and perhaps ultra-low mortgage rates, the Home Affordable Refinance Program has actually made a meaningful impact. Last month, there… Read More »HARP Refinancing Takes Off Thanks to New Guidelines
Are you one of the “lucky” ones? Bank of America announced late Friday that it is in the process of mailing roughly 150,000 letters to… Read More »Did Bank of America Offer to Pay Off Your Second Mortgage?
As you’re probably aware, the latest move to boost the economy was another round of quantitative easing, known as QE3. This most recent initiative targets… Read More »Consumers Don’t Care About Low Mortgage Rates Anymore
There’s been a lot of confusion about short sales, especially with regard to how they affect one’s credit score. Plenty of people have recommended them… Read More »Fico Explains Why Short Sales Hurt Your Credit Score
While we’ve certainly been in a good news cycle for the past many months, it wasn’t long ago that things looked really bleak. If you’re… Read More »2011 Was the Worst Year in Mortgage Lending Since 1995
