PMI Companies Halt Fannie Mae’s Change on Gifted Down Payments
Mortgage giant Fannie Mae has been busy with more changes. In a world of tighter lending, it’s nice to see changes designed to ease the home …More
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A Home is an Investment. So is Homeowner's Insurance.
Homeowner’s insurance is a mandatory part of the home-purchasing process. It’s also one of the least considered. Lenders require prospective borrowers to secure a home insurance …More
5 Tips for Analyzing and Understanding Comparables
Property values can be great fodder for everything from smiles to frowns and on rare occasion even lead to shouting matches. Understanding the procedure in estimating …More
Hey, Here's an Idea: Work with the actual homeowner!
So now, apropos of the foreclosure mess, which we addressed last week, Sheila Bair, the Chairwoman of the Federal Deposit Insurance Corporation (FDIC), comes forward with …More
Mortgage Definition: Primary Residence
Primary residence is important when it comes to getting a loan, FHA loans are designed to be for people who are buying a primary residence.
Zillow Mortgage Marketplace Reveals Interesting Data
Zillow.com has recently launched a new research site under the leadership of Chief Economist, Stan Humphries. The site features a blog and a dedicated section for …More
Low Credit Scores Keep Homeownership Out of Reach for 1/3 of Americans
For many Americans, now could be great time to buy a house. Homes are more affordable than they’ve been in years and mortgage rates are at historically low …More
To Refi or Not – One Simple Test
There are a lot of reasons to refinance a home, and a lot of reasons (probably the same number) NOT to do so. Mortgages Unzipped has …More
Tips To A Smooth Sailing Mortgage Transaction
Consumers should be aware in obtaining a new mortgage there no longer exists the “exceptions” prevalent in the recent past. Today’s mortgage banking landscape has lenders …More
