Archives
Case-Shiller : Home Values “Creeping Higher” After A Strong Spring
Wed, 09/29/2010 - 13:49For 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 - 12:01Banks 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 - 04:08According 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 - 13:43The Fed’s Official Statement And What It Means To The Mortgage Market (September 21 2010)
Tue, 09/21/2010 - 18:50There 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 - 02:46NAR 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 - 13:18Hopefully, 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 - 05:00The 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 - 12:35Mortgage 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 - 12:28ARM-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.
