Over a million Americans may have just lost their shot at refinancing
By Andrea Riquier Published: Mar 5, 2018 8:56 a.m. ET Higher rates means fewer refis - and lower credit scores among those who do it Interest rates have surged in the opening weeks of 2018, raising uncomfortable questions about how much higher they can go before home...
Wells Fargo in hot water over mortgages again
by Ryan Smith28 Feb 2018 Most Read The Many Ways to Be Relieved of Your Timeshare Obligations While it is true that a timeshare contract is a binding legal document, it is often mistakenly thought that such a contract cannot only be cancelled. In fact, most timeshare...
How Do Treasury Notes Affect Mortgage Rates?
Why Now Is Still the Best Time to Get a Mortgage by KIMBERLY AMADE Updated July 06, 2017 Interest rates are at their lowest levels in years. That's because the 10-year Treasury note yield fell to 1.46 percent July 1, 2016. Investors fled from European investments...
Conventional High Balance – All Counties in GA, FL and PA
Basically, you can get a conventional loan instead of a Jumbo from 453,100 to 679,000. This loan is much less expensive and can make the difference. Do you have any high end buyers? I can offer conventional loans in PA, GA and FL up to 679,650. HIGH BALANCE NATIONWIDE...
Goldman Says Stocks May Dive 25% If 10-Year Yield Hits 4.5%
The current 10- year U.S. Treasury is below 2.9%. This would increase mortgage rates to a level that we have not seen in such a long time. Bloomberg February 25, 2018 If the 10-year U.S. Treasury yield hits 4.5 percent by year-end, the economy would probably muddle...
Debt Consolidation Time
Rates have been rising slowly. Americans have high amounts of credit card debt so it is time to start consolidating before rates rise. People are misled to think they should go with a home equity loan but that is not the case especially if you...
Are You Still Renting?
There is no reason to still be renting a house or an apartment. You can basically get in to a house with your security deposit. If you are about to move, think twice about renting again. Rising rates should make you think twice. It is probably the last time you...
Do I need to use a realtor?
The answer to that question is yes you should for sure. I recommend everyone use a realtor that is not affiliated in anyway with the listing agent. I have seen several people decide they want to find a property on their own and they contact the listing agent once...
If I payoff everything, will my credit score improve?
i hear this question a lot and have done some research on it over the years. Credit scores are typically affected by the balancing being 50% or more of the credit limits on revolving accounts. Credit reports have now added trended data to the reports. It shows how...
Economic Commentary
Fannie Mae Moves To Make Purchasing Easier Fannie Mae announced HomeReady™ mortgage, an innovative lending option aimed at helping creditworthy borrowers with lower and moderate incomes have access to an affordable, sustainable home loan. HomeReady will replace Fannie...
Current Rates and Mortgage Advertisements
Mortgage rate advertising on the radio has fallen on deaf ears over the years. At least, I know I block out commercials or change the channel when i keep hearing them over and over again. I keep hearing fixed rates are in the 2s or rates are the lowest they have...