No one can deny that the housing market has changed drastically from what it was only a year ago, and that it’s continually throwing us curveballs. And while the biggest news goes to foreclosures and loan modifications, there’s a large segment out there that’s emerging – first-time defaulters. Now, that’s […]
Think Big Work Small has some clear signs for you to look for when you decide to get back in the housing market game. If you’ve been sitting on the fence this whole time without investing you MUST watch this video.
The Fed has decided to raise interest rates again. 30-year mortgages are up to 4.61% from 4.46%. If the rise continues at this pace it will pass where it was this time last year, 4.81%, in just a few weeks. The rise in rates has been in sharp contrast to […]
The Federal Reserve has been trying for over a month to put in place new rules to protect borrowers from deceptive mortgage practices. One of the most crucial is limitations on the compensation mortgage brokers and loan officers can receive. Among the restrictions is a prohibition on double-charging for origination […]
Low interest rates. I like em, I know you like em, and why the heck not? Today’s record low rates, shrunk to salvage the floundering housing market, have done a commendable job in stabilizing the market, boosting home sales and shrinking inventories. It seems that now is definitely the time […]