Posts Covering Mortgage Strategy

New “Credit Card” Rule Makes Mortgage Qualification Easier

A change in the way credit card debt is calculated makes it easier for to get mortgage-qualified. Read more about the change and see today's live mortgage rates.

New Rules In Effect For Self-Employed Mortgage Borrowers

Good news for the nation's 14-million self-employed workers -- mortgage lenders are making it easier to get approved for a purchase loan or home refinance.

Why Homeowners Now Love The 15-Year Fixed Rate Mortgage

A growing number of homeowners are ditching their 30-year fixed rate home loans in favor of the 15-year mortgage -- and their long-term savings are huge.

For Today’s Home Buyers, Average Downpayment Size Shrinks

Home buyers are putting less money down at the time of purchase. Some of the programs they're using to get this done, and why being "house-poor" is no good.

The Appeal Of The “Cash-Out” Refinance

The cash-out refinance is back. With mortgage rates low and home values rising, homeowners reason and opportunity to cash out their real estate holdings.

Home-Buying Power Rockets To 70% Above Historical Average

When mortgage rates drop, it changes the answer to "How much home can I afford?". Deciding what you can afford, plus a live look at today's interest rates,.

How Much Money Do I Need To Buy A Home?

Home buying costs vary from zero dollars to tens of thousands of dollars, depending on your loan and whether you're using seller concessions. Read more.

Today’s 80/10/10 Piggyback Mortgage Is Not “Subprime”

The 80/10/10 mortgage is widely-available and buyers are using it to avoid PMI; and, to buy homes more cheaply. More on the program plus today's live rates.

First-Time Home Buyer? Don’t Overlook The 5-Year ARM.

The typical first-time home buyer overpays with the 30-year fixed rate mortgage. For most, the better choice is the 5-year ARM. Read more and discover why.

[CHART] Current Mortgage Closing Costs, Listed By State

Mortgage closing costs are down 7% annually, according to a survey. See where costs are highest, lowest. Get quotes for today's live rates.

Before Buying Your Next Home, Do These 5 Things

For today's consumers, it's easy to move from "casually looking" to "actively buying". Before you do, though, you'll want to handle these 5 things first.

Downpayment Gifts: How To Give And Receive A Cash Downpayment Gift For A Home

Step-by-step instructions for accepting a cash downpayment gift on a home, including a ready-to-use gift letter template. Also, get live rate quotes at today's favorable pricing.

Buy A Home And Convert Your Old Home To A Rental

Buying a home and converting your former home to a rental property? Your lender is likely to flag you for fraud -- unless you follow these steps.

Free Access To Your Mortgage Credit Scores, Plus 5 Ways To Improve To Your FICO

A review of how credit scores work, plus access to your actual mortgage credit scores. Safe and secure. No-obligation mortgage rate quotes available.

The “Offer Letter” Mortgage: A Loan For People In-Between Jobs

Buying a home while you're in-between jobs, or waiting for your raise? Use the "Offer Letter" clause to get approved. Read more and connect with lenders.

So Many Mortgage Choices: Which Is Best For You?

Have a plan to choose the best possible mortgage for your home, and to get the lowest mortgage rates possible. Clear advice for buying a home and getting a low mortgage rate.

Bi-Weekly Mortgage Payment Programs: Will You Pay Your Mortgage Faster?

About the bi-weekly mortgage payment program, and whether it's an effective way to own your home faster. Analysis, plus today's live mortgage rates.

“Should I Refinance?” – What To Do About Today’s Low Mortgage Rates

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

Homeowners Jumping To Refinance For Low Rates & Cash Out

With mortgage rates down, homeowners are refinancing at a rapid rate. Take cash out or just lower your payment. Read more plus access to today's live rates.

Apply Now, Because Not A Single Bank Tightened Mortgage Guidelines In Q2

Mortgage lenders are making it easier to get mortgage-approved. A look at changing investor overlays, plus access to today's low mortgage rates which are near the lowest in U.S. history.

Reasons To Let Your Adjustable-Rate Mortgage (ARM) Adjust

There's no rush to refinance that ARM. Since 2003, homeowners with ARMs have beat the market and come our ahead. Details on ARMs, plus today's rates at which are near the lowest of all-time.

Refinance Trends: What Are Today’s Most Popular Refi Loans?

Homeowners are abandoning 30-year home loans. They're choosing 15-year loans instead. Find out why the 15-year is popular and compare today's rates which are near their of lowest of all-time.

How Foreign National Buyers Of U.S. Real Estate Manage Currency Risks

Foreign national buyers accounted for 7% U.S. housing market in the year ending March 2014. How foreign nationals manage their currency risks for maximum safety.

6.5 Million Households Skipping A Great Chance To Refinance

As current mortgage rates drop, 6.5 million U.S. homeowners are potentially eligible to refine to lower rates. More refinance talk, plus today's live rates which are falling quickly.

Picking Your “Best” Mortgage: FHA, VA, Conventional, USDA, & Jumbo

Today's mortgage borrower has more choices than during any time in the last 10 years. FHA, VA, USDA, Conventional, Jumbo, & HELOC-- analysis and live rates.

FHA Loan vs. Conventional 97 : Which Is The Better Low-Downpayment Loan?

Comparing the FHA 3.5% downpayment program to the Conventional 97 program which requires 3% down. Analysis, plus complimentary mortgage rate quotes at near the lowest levels of all-time.

The Documentation Required For Today’s Lowest Mortgage Rates

Mortgage lenders are giving their lowest rates to buyers showing certain documentation. See what you'll need, and get access to complimentary mortgage rate quotes.

3 Things To Know Before You Start A Mortgage Refinance

With current mortgage rates low, refinance activity is strong. Before you start your refi, make sure you cover your bases. Analysis, plus access to live rate quotes.

The 2015 Refi Boom Is Causing Mortgage Rates To Rise

This year's Refi Boom has bogged down banks and made mortgage rates climb 1/8%. How to reduce your rate, plus access to today's low refinance rates.

2015 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)