New HARP loan “HARP 2” + new FHA loan limits 2011
Christmas might be coming early for homeowners in Oregon and Washington! The Obama administration has been putting pressure on banks…
Refinancing
Potential Jumbo Refinancing Candidates
So, if you pay attention to this blog, you know that interest rates have popped up from their mind-boggling lows…
Refinance Your Mortgage: It’s a No Brainer
Changing your mortgage can be a daunting task. However, when mortgage rates are falling, the cost savings that one can…
Skipping a payment when you refinance
Mortgage borrowers of the world! It’s time for some “real talk” about the true and actual benefits of refinancing a…
The END of Tightening Mortgage Approval Guidelines
I just read an article this morning about how Freddie Mac has posted a 3 BILLION dollar profit for Q2…
What is a Mortgage? (Probably more than what you think)
Time to break things way down. Let’s deconstruct what exactly it is we’re dealing with here in the mortgage industry….
If your rate is above 4.5%
I’ve been hearing the radio ads just like everyone else, and our favorite breathless loan cheerleader has lately been urging…
Mortgage Rate Apocalypse
Now that I’ve got your attention, here is the real truth about the current state of mortgage rates. From the…
Mortgage Rate Volatility and the End of the Refinance Boom
Kind of feels like an epic hangover. The low low rate party that seemed like it would never end, has…
Operation Twist = Mortgage Rate Bonanza
Yesterday’s announcement from the Fed’s quarterly meeting was a major market mover–especially for mortgage rates. Ben Bernanke announced the initiation of something called ‘operation twist’, which many market observers were prepared for, but my understanding is the tone of the announcement really made the bond market jump to levels never before seen, with the result …