First Time Home Buyers
From the monthly archives: August 2010
According to the Federal Reserve’s quarterly survey of senior bank loan officers, roughly 1 in 10 lenders added mortgage qualification hurdles between April and June. It’s a huge departure from just 2 years ago when the mortgage industry was facing its first wave of challenges.
Continue Reading →According to the Federal Reserve’s quarterly survey of senior bank loan officers, roughly 1 in 10 lenders added mortgage qualification hurdles between April and June. It’s a huge departure from just 2 years ago when the mortgage industry was facing its first wave of challenges.
Continue Reading →This surge in Chicago refinancing activity isn’t likely to end this week. Home loan rates ticked slightly higher last week after interest rates hit another record on Thursday.
Continue Reading →This week, it’s unlikely that the Refi Boom will meet its end, but that doesn’t mean you should wait for rates to fall further. Mortgage rates tend to change quickly and without notice, and should rates rise, you may find that you’ve missed the market bottom.
Continue Reading →We’re going to have some fun today. It’s a San Diego v. Chicago home mortgage throwdown and we’re going to evaluate who is getting a better deal on these lowest mortgage rates ever.
Continue Reading →Mortgage rates are (again) at their lowest levels in history.
Continue Reading →How much does a mortgage cost? The answer depends on where you live. But no matter which your locale, chances are strong that you’ll pay more for a mortgage in 2010 as compared to 2009.
Continue Reading →
Sometimes, you need to look deeper than the headlines to get the news that matters. This basic truth’s latest example comes from the July Housing Starts data, as published by the U.S. Census Bureau.
According to the newspapers, Housing Starts improved last month:
US Housing Starts Make Modest Rebound [...]
Continue Reading →After reaching a 3-year high just 90 days ago, the National Association of Homebuilders’ Housing Market Index is now at a multi-year low after falling by almost half.
Continue Reading →The Refi Boom remains in full effect, but rates are not as dazzling as they were just one week ago.
Continue Reading →