Mandatory Loan Fees Keep Borrowers From Getting Their Absolute Lowest Rate
Conforming mortgage rates may be posting all-time lows this week, but that doesn’t mean you’ll be eligible for them. You may have already called your loan officer and found this out the hard way. It’s because of a federally-mandated mortgage-pricing scheme known as “loan-level pricing adjustments”.
Should You Refinance Your ARM, Or Let It Adjust Lower?
If your adjustable rate mortgage is due to adjust this year, don’t go rushing to replace it just yet. Your soon-to-adjust mortgage rate may actually go lower this year.
What’s Ahead For Mortgage Rates This Week : July 11, 2010
Mortgage rates have fallen in 4 consecutive weeks and are on an extended rally that dates back to mid-April. This week, however, data returns and rates could reverse. Especially with inflation numbers are in play.
The Flawed Home Price Index Shows Home Values Up 0.8 Percent
Last week, the Case-Shiller Index reported home values up 0.8 percent across 20 tracked markets. The public-sector Federal Housing Finance Agency has reached a similar conclusion.
Household Finances : Which Bills Should I Pay First?
Morning television can be “light”, but as far as personal finance interviews go, this Suze Orman segment from The Today Show is loaded with practical financial planning advice.
June’s Jobs Report Wasn’t As Bad As The Headlines (And How You Can Take Advantage)
At first glance, the June jobs report looks weak but a deeper look shows something different.
What’s Ahead For Mortgage Rates This Week : July 6, 2010
Last week — again — mortgage rates improved and Freddie Mac is now reporting new all-time lows on three popular, conforming loan products. Here’s what’s in store for *this* week.
Was The Pending Home Sales Report Really That Bad? It Depends Who You Ask — Buyer Or Seller.
On the surface, May’s Pending Home Sales Index looks terrible for housing. And, if you’re a seller, it just might be. But, if you’re a buyer, the story reads differently. Just consider the market conditions.
The Year Is Half-Over. How Did The Housing Experts Fare On Their Predictions?
As 2009 was ending, the “experts” were busy making forecasts about the U.S. economy and what to expect in 2010. Were they right?