There’s a New ‘Lite Doc’ Loan in the Mortgage World
It feels a little like 2006, but it’s entirely different, or so they say. A lender by the name of Quontic Bank based out of… Read More »There’s a New ‘Lite Doc’ Loan in the Mortgage World
Borrowers with Mortgage Rates of 4.25% and Below Less Likely to Sell Their Homes
I had a nice little Sunday yesterday, strolling around a beach city south of Los Angeles with some friends of mine who were visiting from… Read More »Borrowers with Mortgage Rates of 4.25% and Below Less Likely to Sell Their Homes
3 Signs Another Housing Crisis Is Just Around the Corner
Here’s yet another post in my growing series of wondering if home prices are too high. Earlier this week, Black Knight Financial Services noted that… Read More »3 Signs Another Housing Crisis Is Just Around the Corner
Looking for 100% Mortgage Financing? Check Your Local Credit Union
We all know home prices are getting more expensive every day, and as a result, you may be looking for 100% mortgage financing when it… Read More »Looking for 100% Mortgage Financing? Check Your Local Credit Union
Chase Also Launched a 3% Down Payment Mortgage
It’s been a busy month for the launch of low-down payment mortgages… It turns out Chase also has a 3% down offering, though it wasn’t… Read More »Chase Also Launched a 3% Down Payment Mortgage
The Surprising Mistake a Lot of People Make Before Refinancing
A new study from credit bureau TransUnion revealed that consumers still don’t get it when it comes to smart credit habits. Conventional wisdom tells us… Read More »The Surprising Mistake a Lot of People Make Before Refinancing
Wells Fargo yourFirst Mortgage: You Only Need a 3% Down Payment
The nation’s largest mortgage lender, Wells Fargo, is now offering mortgages to home buyers with just 3% down via their new “yourFirst Mortgage.” I’m assuming… Read More »Wells Fargo yourFirst Mortgage: You Only Need a 3% Down Payment
If You Put Down Less Than 20%, You’re Paying Mortgage Insurance
Here’s yet another anecdote involving some buddies who were arguing about their mortgages. This seems to be a trend lately. In short, both guys put… Read More »If You Put Down Less Than 20%, You’re Paying Mortgage Insurance
Know Which Type of Mortgage You Want Before Speaking to Any Lenders
So I was chatting with a couple buddies the other night about their mortgages, as I do sometimes, and the two of them were engaging… Read More »Know Which Type of Mortgage You Want Before Speaking to Any Lenders
A Return to Bubble-Era Home Prices Doesn’t Signal a Crisis
There’s renewed fear that another housing crisis is on the horizon because home values are inching closer and closer to their so-called “bubble-era prices.” However,… Read More »A Return to Bubble-Era Home Prices Doesn’t Signal a Crisis