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Mortgage rates are falling, mortgage guidelines are easing, and conforming loan limits are dropping. There's a lot going on in mortgages right now and this 119-second mortgage video covers it all.
I returned to the First Business television studios this week to talk mortgages and housing. The interview covers (1) Why conforming mortgage applicants will pay more fees in 2011, (2) The outlook for Spring Housing, and (3) Why mortgage rates are headed higher long-term.
I gave a television interview with Beejal Patel of First Business. The timing was excellent given the FOMC had just adjourned. In 3-and-a-half minutes, the interview covers a lot of ground. Watch it now.
Since mid-April, mortgage rates have been falling, shedding more than a entire percentage point along the way. For homeowners carrying a $300,000 mortgage, the rate drop is equivalent to $180 in monthly savings. But, that's all over now. In this brief, 2-minute mortgage market summary, you'll get a quick breakdown of what's happening, and why.
The FHA is changing its mortgage insurance policies October 4, 2010, and the Refi Boom is finally showing signs of its end. In this 150-second video, we talk about it all.
Mortgage rates have been stupid-low lately, sparking the start of a Refi Boom. Here's a 96-second video in which I cover low rates, rate locks, and home sales.
With 9 days left to claim the federal home buyer tax credit, I thought this would be a good time to review the mortgage market, jumbo loans, and the state of home appraisals. This 2-minute video covers a lot of ground
I gave a television interview with Beejal Patel of First Business this week and we covered a lot of ground topics like housing, mortgage rates, and the FHA.
Tuesday, I asked my Twitter friends what mortgage questions they'd like to have answered. I picked 3 replies and pushed it to video.
Earlier, I asked my Twitter followers what mortgage questions they'd like to have answered. I picked 3 of their replies and pushed it to video. The video is a quick 2 minutes.
In January, I made this 5-minute video to illustrate how mortgage guideline changes are impacting American homeowners regardless of their income, assets or credit score. If you haven't seen the video before, watch it now. It's a story you need to hear. If you have watched the video, watch it...
The mortgage industry is complex, confusing, and convoluted. It's a tale told best using combinations of pictures, words, and images. I can't promise that this 5-minute video won't bore you. But, I can promise that it will give you terrific insight into mortgage lending and how guidelines are changing.
