Category Archives: Mortgages
Jobs rise and so will rates
With the economy growing by 295,000 jobs in February, it looks like rising mortgage rates are here to stay. Continue reading
Wage gains deliver mixed news
Higher mortgage rates are coming, maybe soon. That’s what the January employment report implies. Continue reading
I can’t believe I haven’t refi’d
When 65 percent of homeowners say they are “very confident” that they know their mortgage rate, most of them are overconfident. Continue reading
Who is homeownership for?
The homeownership rate fell to its lowest point in more than 20 years in the final quarter of 2014. Continue reading
Buyers and refinancers got raises — not
Wages have been stagnant since the recession, but the median wage of homebuyers and refinancers has been all over the map. Continue reading
Return to rescinder, Court says
According to the Supreme Court, you can rescind, or cancel, the mortgage any time within three years. All you have to do is send a letter to the lender. Continue reading
Low rates survive jobs report
The December employment report brought mixed news for potential mortgage borrowers and homeowners. Continue reading
FHA loans will cost less
Mortgages for borrowers with low down payment will soon cost less. Continue reading
Bullish jobs report bad for rates?
The employment report released this morning is great news for the economy but not so much for mortgage borrowers. Continue reading
Home prices take a chill
Home prices keep rising, but not as rapidly as they were a few months ago. Continue reading