Posts Covering Mortgage Strategy

The Falling Cost Of U.S. Homeownership

Homeowners are paying 16% less mortgage interest as compared to just 6 weeks ago. It's allowing them to build equity faster and, therefore, personal wealth.

First-Time Home Buyer’s Guide To Making A Downpayment

This post discusses down payments; and, is part of a four-part series meant to help first-time home buyers buy their first home, and get approved for their first mortgage.

A Refinance Wave Is Now Underway

Mortgage rates are dropping -- far quicker than experts projected. It's sparking a refinance boom. Homeowners cite all sorts of reasons for doing a refi.

4 Ways To Keep Your Mortgage Closing Costs Low

Mortgage borrowers make the same common mistakes which increase their mortgage closing costs. How to make better choices for your purchase or refinance home loan.

Should You Borrow From Your 401(k) To Purchase A Home?

When buying a home, 401(k) retirement plans can be used to fund your downpayment. How this choice affects your finances, and a review of your other options.

Shopping For Mortgages: Mortgage Rate vs Mortgage Fees

When you're shopping for a mortgage, which is more important -- getting a great mortgage rate or paying fewer mortgage fees? An analysis for rate shoppers.

Live In Your Own Rental Building And Call It A Primary Residence

Owning a rental building and living in it can be an excellent way to save money on your mortgage, while building home equity for your future. How to do it.

How Can I Build Home Equity More Quickly?

Few assets build wealth as well as real estate does. Learn about home equity, how it works, and how you can accelerate its growth on your own home(s).

Refinance Mortgage Brand Names: FHA, VA, USDA, & Conv.

The "mortgage refinance" goes by many names -- The IRRRL, the FHA Streamline Refinance, the Rate-and-Term, and others. Which is which, and how to qualify for the one you want.

With Mortgage Rates Down, You Can Expand Your Home Shopping “Price Range”

Between the holidays and the Super Bowl, mortgage rates dropped by a lot. As a result, today's home buyers have a lot more home purchasing power.

Is It Smart (Or Stupid) To Co-Sign On A Mortgage?

When you co-sign on a mortgage, you put your name on another person's loan as a guarantee against default. Is this smart or stupid or something in-between?

Interested Party Contributions: Getting The Home Seller To Pay Your Mortgage Closing Costs

"Seller concessions" allow a home buyer to have its mortgage closing costs paid by the home seller. Option available for FHA, VA, USDA, Conventional, and jumbo mortgages.

Help! My Home Appraisal Was Lower Than I Needed!

Home appraisers are human and humans make mistakes. Here's how to appeal a home appraisal that came in lower than what you expected -- or needed.

How To Rush Your Mortgage To The Closing Table

When you close on your mortgage in 30 days or fewer, you can get access to lower mortgage rates than the general population. Here's how to close quickly.

U.S. Census Tracts: Get Access To Special Mortgages Because Of Where You Live

87% of homebuyers qualify for mortgage assistance, including access to lower mortgage rates than the populace, and to special loan programs like HomeReady™.

“Should I Refinance?” – Today’s Mortgage Rates Continue To Drop

"Should I refinance my mortgage?" An analytical look at reasons to refinance, plus how to lock today's mortgage rates with no closing costs.

Assumable Mortgages: Assume Someone Else’s FHA, VA, or USDA Home Loan

Buying a home? Save on your mortgage rate *and* your closing costs. Assume the seller's mortgage and make it your own. A guide to how assumable loans work.

Tricks For Closing On-Time With A “Quick Closing” Mortgage

To win their bidding wars, U.S. buyers are offering quick closings to home sellers. Here's how to do it, and what you need to know. Rate quotes available.

New Construction: Should I Do A Long-Term Mortgage Rate Lock?

If you're buying a home that won't deliver for several months (or years!), you may be considering a long-term mortgage rate lock to protect your monthly payment.

Refinancing Your ARM When It’s About To Reset

Is your ARM about to adjust? You may want to refinance out of it. With LIBOR rates rising, ARMs are adjusting to their highest point in more than 6 years.

2016 Conforming, FHA, & VA Loan Limits

Mortgage loan limits for every U.S. county, as published by Fannie Mae & Freddie Mac, the Federal Housing Administration (FHA), and the Department of Veterans Affairs (VA)