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Case-Shiller : Home Values “Creeping Higher” After A Strong Spring

Wed, 09/29/2010 - 13:49

For the 17th straight month, the Case-Shiller Index reports that home values are rising across the United States. As compared to June, July's prices were up by 4 percent.

How To Get A Mortgage For A Condotel Or Non-Warrantable Condo (Updated October 2010)

Tue, 09/28/2010 - 12:01

Banks are now making loans against non-warrantable condos and condotels. But you won't get approved with The Big Banks if you try -- you've got to look local instead. Here's how to do it.

How Deflation Changes Mortgage Rates

Mon, 09/27/2010 - 04:08

According to Google, "deflation" chatter is growing. It's extending the Refi Boom for another few weeks.

A Mortgage Rate Prediction For The Next 7 Days (September 23, 2010)

Thu, 09/23/2010 - 13:43

Just when you thought the Refi Boom was over, the Federal Reserve steps in to give it new life.

The Fed’s Official Statement And What It Means To The Mortgage Market (September 21 2010)

Tue, 09/21/2010 - 18:50

There were no surprises in the Fed’s statement so, as a result, the mortgage market's reaction to the release has been neutral. Mortgage rates in Ohio are thus far unchanged this afternoon.

How Banks Are Making It Harder To Get A Foreclosure “Steal”

Mon, 09/20/2010 - 02:46

NAR says home buyers get a "distressed home discount" of roughly 15 percent. Banks are working to reduce that number.

A Mortgage Rate Prediction For The Next 7 Days (September 16, 2010)

Thu, 09/16/2010 - 13:18

Hopefully, you caught the signal. Last week was the bookend on the summer's long-term rally. Mortgage rates are rising now.

Mortgage Newsflash : FHA Mortgage Insurance Premiums; The End Of The Refi Boom; Tracking Live Mortgage Rates

Wed, 09/15/2010 - 05:00

The FHA is changing its mortgage insurance policies October 4, 2010, and the Refi Boom is finally showing signs of its end. In this 150-second video, we talk about it all.

Comparing FHA Mortgage Rates To Conforming Mortgage Rates : Which Is Lower?

Mon, 09/13/2010 - 12:35

Mortgage rates vary by product, as illustrated by this chart tracking FHA and conforming 30-year fixed rate mortgages. Over the last 5 years, they've moved to their own beat; trending together, and rarely equal. Deciding which is better -- FHA Or Conforming -- will depend on your situation.

Your ARM Might Adjust To 3.000 Percent This Year, But What About Next Year?

Wed, 09/08/2010 - 12:28

ARM-holding homeowners tend to panic when their mortgage gets set to adjust; the feeling of "I better do something fast!". If that's you right now -- if you have a conventional ARM getting set to adjust -- just relax. Your mortgage rate could fall to as low as 3.000 percent and that's good. At least, *this* year it is.


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