Mortgage & Finance Articles

4,829 Posts
Mortgage Minutes with Mark: Cherry Creek Mortgage...
28 July, 2009| Mortgage & Finance, General, Education
  Mark ChaneySenior Loan OfficerCherry Creek MortgagePhone: 832.428.5004Fax: 713.456.2550mchaney@ccmclending.comwww.ccmctexas.com &nb... read more
Housing Experts: Now Is a Perfect Time to Buy
20 July, 2009| Mortgage & Finance, General, Home Buying
Daily Real Estate News    July 20, 2009  Housing Experts: Now Is a Perfect Time to Buy Don't forget to remind potential buyers of something that is obvious to real estate... read more
No-Doc Loans Returning?
19 July, 2009| Mortgage & Finance
  The undocumented income or no-doc loans got a bad reputation when the housing crisis occurred. Some borrowers who used the loans misstated and inflated their income, (some with the support fro... read more
Home Lending Rates Falling Again
17 July, 2009| Home Buying, Mortgage & Finance
Daily Real Estate News    July 17, 2009 Home Lending Rates Falling Again Rates on 30-year fixed mortgages fell to 5.14 percent for the week ended July 16, down from 5.20 percent a... read more
Waiting For Prices to Drop Can Cost More in Intere...
16 July, 2009| Home Buying, Housing Market, Mortgage & Finance
If a person is waiting to "time" the bottom of the market before they purchase, it is highly unlikely that they'll identify it properly.  Once you can know for sure that the market has bottomed,... read more
Free Flyer: How To Understand/Improve Your Credit
16 July, 2009| Home Buying, Mortgage & Finance, General
I have a great flyer and worksheet on how to understand and improve your credit. It is too big to upload to this blog. If you'd like a copy (no strings attached), let me know and I will email you a PD... read more
Credit Scores Affect Your Interest Rates & Mortgag...
15 July, 2009| Home Buying, Mortgage & Finance, General
If your credit score is 740 or higher, you will have access to the most desirable loan programs and best interest rates. Lately I have seen buyers with great credit using FHA financing over convention... read more
F H A 203k: Cool Loan Includes Rehab Money @ Purch...
15 July, 2009| Home Buying, Home Improvements & Repair, Mortgage...
I just got back from StarTex Title on Buffalo Speedway where I heard an interesting presentation on FHA 203k loans. Kerrie Saeger of Houston Capital Mortgage shared her insights on this special loan p... read more
June Marks 9-Year High in F H A Loan Endorsements
14 July, 2009| Home Buying, Housing Market, Mortgage & Finance
The Federal Housing Administration endorsed 94,069 single-family mortgages in June, the highest number in nine years, according to the agency. Refinance transactions totaled 48,200 and purchase transa... read more
Why are Mortgage Rates Rising?
13 July, 2009| Home Buying, Home Values & Recent Sales, Mortgage...
  Mortgage rates have been pretty volatile recently and you, like me, my be wondering what is causing this fluctuation when the federal prime interest rate remains so low.  I asked the expe... read more
Mortgage Servicers Urged to Try Harder on Loan Mod...
13 July, 2009| Foreclosures & Investments, Home Selling, Mortgage...
  The Wall Street Journal recently reported the Obama administration is frustrated with the pace at which mortgage companies are modifying loans under its housing rescue program. Treasury Secret... read more
Perspective on the National Foreclosure Rate
13 July, 2009| Foreclosures & Investments, Housing Market, Mortga...
According to the Mortgage Bankers Association, 30% of American homes are owned outright—free and clear—with no mortgage.  Of the 70% of 1-4 family homes that do have mortgages, 96.15% are NOT in... read more
Banking regulators faulted
9 July, 2009| Mortgage & Finance, International Real Estate, Gen...
  Banking regulators faulted By MARGARET CHADBOURN Bloomberg News July 9, 2009, 12:51AM Federal regulators who are tightening examinations of banks amid the worst financial crisis in 75... read more
Terms of the $8,000 Tax Credit
8 July, 2009| Affordable Housing, Home Buying, Mortgage & Financ...
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Home Affordability Index
2 July, 2009| Home Buying, Housing Market, Mortgage & Finance
 Historically, homes have rarely been this affordable to a home buyer.  This is especially true given the Tax Credit Incentive to first time home buyers.   A combination of lower... read more
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