The Mortgage Market – Week of 7/13/12
Mortgage rates continue their tumble recently, hitting all-time lows every day for the week starting…
Browsing: mortgage
How to Finance a Home: The Basics of Qualifying for a Home Loan
If you’re looking purchase a new home or refinance an existing one, it’s important to…
FHA Mortgage Insurance Premiums Set to Increase in April
FHA-insured mortgages are about to get more expensive. Starting in April, the Federal Housing Administration…
What is a Debt-to-Income Ratio (DTI) and How is it Calculated?
Mortgage lending underwriting criteria falls into three general categories, credit, collateral, and capacity. Credit has…
When Refinancing to Consolidate Mortgages Is Impossible or Impractical
Are you considering refinancing to consolidate multiple mortgages? With rates so low today, this can…
Purchasing or Paying Down? Avoid Sourcing & Seasoning Headaches with a Little Advance Planning
If you’ve applied for a home loan recently, you’ve probably already figured out that the…
Upcoming Loan Limit Changes to Result in Higher Finance Costs for Many Mortgage Borrowers
Homeowners in high cost areas with large mortgages have enjoyed access to some great mortgage…
Should I Refinance My Mortgage?
Most people have heard the old rule of thumb that it takes a 1% drop…
Streamlined Mortgage Disclosures: Consumer Advocate Elizabeth Warren Offers a Great Idea
If you’ve ever gotten a mortgage loan, you’re probably very familiar with the thick stack…