From the category archives:

Mortgages

What’s Ahead For Mortgage Rates This Week : May 24, 2010

Mortgage markets improved again last week on worsening news out of Greece and the Eurozone. Then, as contagion mentality set in, U.S. mortgage bonds gained and mortgage rates fell. It’s the 4th straight week in which conforming mortgage rates improved.

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ARMs and Interest Only Loans aren’t for Everyone

For the first time this year, Fannie Mae announced significant updates to its mortgage underwriting guidelines. The changes include newer, harsher ARM qualification standards, the elimination of a once-popular loan product, and tighter rules for interest only mortgages.

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What is your Freedom Point?

A lot of people dream about the day when they make their last mortgage payment and they finally own their house “Free and Clear”.  Sounds nice, doesn’t it? Unfortunatley, there are two problems with this dream – that can turn into a nightmare if not planned for. Even with no mortgage, you can still lose [...]

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Will Inflation Lead to Higher Mortgage Rates?

If you’re trying to gauge whether rates will be rising or falling, one keyword for which to listen is “inflation”. Mortgage rates are highly responsive to inflation.

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Should you buy a new house in 2010 or wait a year?

Quick video blog to consider whether you should buy a house now, or wait a year for things to stabilize.

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