Category Archives: Mortgage

Fed raises interest rates by .25%

I am sure by now you have heard that the Federal Reserve has raised the interest rate by .25%.  This is the first increase since June of 2006 and is their first move since the financial crisis.  This move shows … Continue reading

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What to Do if Your Lender Cuts off Your Heloc

  A home equity line that lets you borrow money as you need it can be a great way to pay for a remodeling project or an education — unless the lender cuts off your line in the middle of … Continue reading

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Mortgage Changes starting Today!

This is a good article that summarizes the mortgage market changes that we all have been hearing about for some time.  Please let me know if you have questions so I can direct you to a couple of lenders that … Continue reading

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Helping Underwater Borrowers is Great Until it Costs Everyone Else

Published: July 24, 2012 When state lawmakers tinker with mortgage banking rules, home owners get stuck with the bill. California lawmakers seem determined to raise the cost of home mortgages by tinkering with the laws governing home loans. In June, … Continue reading

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Refinancing Options

Have You Seen Your Refi and Mortgage Options Lately? By: Dona DeZube Published: April 25, 2012 Three good reasons to warm up to a refinance this spring. Low interest rates and new loan programs abound this spring, so if you … Continue reading

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How Much Cash Is Enough For My Down Payment

You’ve been diligent over the years about tucking away money. Your credit history is good. You’ve got a steady job, and you’re finally making a decent salary. Plus, you’ve simply outgrown your current situation. In other words, you’re ready to … Continue reading

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Mortgage News as of 12/23/10

Here are today’s rates: Freddie Mac Weekly Average Rates (12/23/2010): 30 yr Fixed Rate- 4.81% 15 yr Fixed Rate- 4.15% Rates are about the same this week as they were last week. This is the first time we have not … Continue reading

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