Articles
March 10, 2016
Great Opportunities Exist While Rates are Low
According to a recent article from CNBC, close to seven million homeowners aren’t taking advantage of the low mortgage rates and refinancing. Real Estate reporter Diana Olick explained that after the Federal Reserve raised its target interest rate in early December, it…
March 3, 2016
Home Prices are Up, Rates are Down
Recent housing reports have indicated that across the county, housing prices are trending upward. The S&P/Case-Shiller 20-City Home Price Index, which is an index measuring home prices in 20 major metropolitan markets in the United States, rose 5.7% in December. While this…
February 25, 2016
3 Conditions that Trigger the Need for a New Closing Disclosure
As you probably already know, the new rules set forth by the Consumer Financial Protection Bureau back in October of 2015 (we refer to it as TRID) had significant impact on the mortgage industry and the closing process for home buyers and…
February 18, 2016
Mortgage Rates Continue to Slide
When the Federal Reserve Board raised it’s prime lending rate a couple months ago, the public’s fear was that mortgage rates would then begin to rise and home affordability would suffer. Turns out, the exact opposite has happened thus far. For the…
February 11, 2016
New Appeals Process for Loan Repurchases
Last week, Fannie Mae and Freddie Mac disclosed an appeals process that will allow an independent arbitrator to resolve any disputes between lenders and the government-sponsored enterprises over loan repurchase demands. An article in National Mortgage News by Brian Collins explains that…
February 4, 2016
4 Important Refinancing Tips
One common question from homeowners is always whether or not they should refinance their mortgage. According to a recent article in USA Today by Scott Sheldon of credit.com, you can actually refinance your home as often and freely as you want as…
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