How Does the Debt Ceiling Affect Mortgage Rates?
This debate is unavoidable, so I won’t try to establish any context for this blog post. I’ll just try to…
Mortgage News
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…
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…
The Home Valuation Code of Conduct
Well, its finally here. the HVCC! (it stands for Home Valuation Code of Conduct) What does this mean? Well it…
Timmy G Says: “Americans Should Refinance Now”
Treasury secretary Tim Geithner made some comments today that the Fed has “achieved its goal” of lowering interest rates through…
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….
Asset Verification and Sourcing deposits for mortgage approval
Getting a loan these days is incredibly INCOME driven, but an often overlooked part of the approval process is asset…