FHA (Federal Housing Administration) Loan Basics
What Are FHA Loans: Federal Housing Administration Loans FHA loans (Federal Housing Administration loans) enable people to purchase a home…
Mortgage Rate Update for the Week Ending August 3, 2012
Today saw mortgage rates move higher after better than expected employment data was released by the Bureau of Labor Statistics.…
HARP (Home Affordable Refinance Program) Loan Basics
Home Affordable Refinance Program and Refinancing Your Home The Home Affordable Refinance Program (HARP) was introduced to enable people with…
Mortgage Outlook for the Week of July 30, 2012
Last week saw mortgage rates maintain near historic lows through Wednesday. Thursday and Friday were quite a different story when…
Mortgage Wrap Up for the Week Ending July 27, 2012
We began the week with mortgage rates at hear historic lows, continuing the trend we’ve seen for months where rates…
Should I Lock My Mortgage Rate Now?
A very common question for any consumer that might be considering refinancing an existing home loan or purchasing a new…
Mortgage Pre-Approval: Why a Pre-Approved Mortgage Makes Sense
Mortgage pre-approval makes a great deal of sense when you are planning to buy a house. A pre-approved mortgage is…
Mortgage Wrap Up for July 20, 2012
A nearly week long mortgage rate move downward ended yesterday when mortgage rates made a slight move upward. Today mortgage…
Mortgage Rates Hit New Lows, Yet Again!
The first half of this week has seen mortgage rates hit new all time historical lows, yet again. The last…
Ben Bernanke Gives Semiannual Monetary Policy Report to the Congress
This morning Ben Bernanke testified before Congress delivering his Semiannual Monetary Policy Report. The report concludes that unemployment is still…