Author Archive

Colin Robertson is the founder and writer of The Truth About Mortgage. Follow him on Twitter!

  1. Mortgage decision

    What Mortgage is Best for You?

    Take a look at some of the most popular loan programs out there to determine which will be the best fit for you.

  2. News

    Oct. 1: Conforming Mortgage Limit Changes from $729,750 to $625,500

    If you happen to live in one of the more expensive regions of the country, take note. Come October 1, the temporarily elevated conforming loan limit […]

  3. Look Beyond Mortgage Payment

    Look Beyond Your Mortgage Payment

    When shopping for a mortgage, it’s important to obtain multiple quotes from various lenders to ensure you get the best deal, just as you would if […]

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    Government Mortgages May Get Pricier, Harder to Come By

    Government loans, such as those backed by Fannie Mae, Freddie Mac, and the FHA, are slated to get more expensive and harder to qualify for, assuming […]

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    Are 30% Down Payments on Mortgages In Our Future?

    The top mortgage lender in the country has called for borrowers to come up with 30% down if they want to avoid higher mortgage rates and […]

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    Reverse Mortgages Slammed by Consumer Reports

    If you’re 62 or older and in the market for a reverse mortgage, take notice. The almighty Consumer Reports sent out a stark warning about the […]

  7. How to Find a Great Mortgage Rate

    How to Find a Great Mortgage Rate

    There are a number of ways to find the best mortgage rates, but all require a little bit of work on your behalf. The key to […]

  8. What are Mortgage Points?

    What are Mortgage Points?

    If you’ve ever shopped around for a mortgage, you’ve undoubtedly heard the phrase “mortgage points” tossed around when looking at closing costs and fees. It’s a […]

  9. Five Types of Refinance Loans

    Five Types of Refinance Loans

    With mortgage rates hovering at or near record lows, there’s been a lot of interest in refinancing lately. Heck, you may be able to lower your […]

  10. A Simple Way to Lower Your Mortgage Payment

    A Simple Way to Lower Your Mortgage Payment

    With home values across the nation slipping and mortgage payments adjusting higher, struggling borrowers are looking for relief. Fortunately, mortgage rates are at or near record […]

  11. Credit Report Goes Beyond Credit Score When Mortgage Shopping

    Credit Report Goes Beyond Credit Score When Mortgage Shopping

    When you begin shopping for a mortgage, whether it be a purchase or a refinance, you’ll probably order a credit report to see where you stand. […]

  12. Mortgage Rates Will Probably Keep Rising, But Don't Fret

    Mortgage Rates Will Probably Keep Rising, But Don't Fret

    Over the past year, mortgage rates have hovered at or near record lows, with the popular 30-year fixed slipping as low at 4.71 percent this past […]

  13. Credit Scoring and Homeowner’s Insurance Rates:  What’s the Correlation?

    Credit Scoring and Homeowner’s Insurance Rates: What’s the Correlation?

    Banks and lenders aren’t the only financial institutions out there who rely on that magical three-digit score to determine how much to charge. Nowadays, insurance companies […]

  14. Fannie Mae Will Pay Your Closing Costs

    Fannie Mae Will Pay Your Closing Costs

    In an effort to reduce its glut of foreclosed properties, government mortgage financier Fannie Mae is now offering 3.5% in seller assistance if you purchase one […]

  15. Important Changes Coming to Goverment Loan Modification Program

    Important Changes Coming to Goverment Loan Modification Program

    If you haven’t already applied for a loan modification via the federal government’s Home Affordable Modification Program (HAMP), but plan on doing so, look out for […]