Posts Covering Jumbo Loans

Home sales hit record speeds; inventory recovers in some metros

Homes are selling like hotcakes. According to a new report from real estate firm RE/MAX, last month was the fastest-selling January in the last nine years.

Mortgage rates today, February 21, plus lock recommendations

Mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bond price drop, and rates increase. When the economy pulls back, interest rates tend to fall.

How to shop for a mortgage: Don’t be intimidated into paying too much

Don't just take a mortgage because it's fast or easy. Take a little time to shop for a mortgage and save thousands. Here's how.

How much do you need to know about mortgages to get one?

You don't need to be an expert to negotiate a great mortgage. It only takes a few minutes if you follow these simple tips.

Mortgage rates today, February 20, plus lock recommendations

Mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bond price drop, and rates increase. When the economy pulls back, interest rates tend to fall.

Rising mortgage rates: Is now the time for ARM loans?

ARM loans can be a better deal when rates are rising ARM loans are an invisible part of the mortgage marketplace, but maybe that’s about to change. Since 2009 annual mortgage rates have been below 5 percent, and demand for adjustable-rate mortgages (ARMs) has been in the single digits. Ellie Mae reports that in December  […]

More housing inventory on the way; construction, builder confidence up for February

Could our housing inventory woes be on the way out? According to new data, it very well could be.

Don’t be a victim of mortgage fraud

Mortgage fraud: unlikely, but possible According to the FBI, you are not the most likely victim of mortgage fraud -- most cases are perpetrated by borrowers against mortgage lenders. Often those involve exaggerations, white lies or outright falsehoods on loan applications. Should you lie on your mortgage application? However, mortgage industry professionals who abuse their […]

Affordable homes: the country’s 10 hottest neighborhoods

Affordable homes: They're out there Finding a neighborhood that’s within your budget and desirable to live in isn’t easy. Home prices continue to climb across the country, and many of the best cities with in-demand amenities are too expensive for first-time buyers. That does not mean affordable homes and areas don't exist. Worthy areas – […]

Mortgage rates today, February 16, plus lock recommendations

Mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bond price drop, and rates increase. When the economy pulls back, interest rates tend to fall.

New report predicts higher home prices but lower taxes and deals in some areas

Home prices are higher overall. But that does not necessarily mean housing has become less affordable.

What mortgage rate history can tell us about the future

How useful is mortgage rate history? Mortgage rate history may sound a pretty boring topic. Indeed, you may subscribe to the Henry Ford school, which believes that all history is bunk. However, knowing how mortgage rates behaved in the past can help you understand what might happen to them in the future. That knowledge could […]

Mortgage rates today, February 15, plus lock recommendations

Mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bond price drop, and rates increase. When the economy pulls back, interest rates tend to fall.

Renovations named top reason for HELOCs – but many still don’t know what HELOCs do

Home renovations are the No. 1 reason homeowners take out HELOCS – or Home Equity Lines of Credit, but that doesn’t mean they’re popular by any means. In fact, according to a new survey, the majority of homeowners have never even heard of a HELOC – or the ways it can benefit their home and pocketbook.

Solve these 3 problems and improve your credit score fast in 2018

There are several ways to improve an ugly credit score, and some work fairly quickly. The methods you use depend on why you have a bad FICO in the first place.

Want safety? Buy a house in these cities

If you’re looking for a crime-free place to buy a house, it’s time to move Northeast. According to a new list from NeighborhoodScout, the region is home to many of the nation’s safest cities. The South, on the other hand, lays claim to the country’s most dangerous ones.

Mortgage rates today, February 14, plus lock recommendations

Mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bond price drop, and rates increase. When the economy pulls back, interest rates tend to fall.

How to buy a short sale home

Buying a short sale home can get you a great deal. In fact, it should, because short sale transactions are not exactly fast or easy much of the time.

Mortgage rates today, February 13, plus lock recommendations

Mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bond price drop, and rates increase. When the economy pulls back, interest rates tend to fall.

Blockchain mortgage: the future of home loans

Blockchain mortgage is a mystery to most of us, but it could make buying and financing a home fast, easy and less-expensive in the future.