Monthly Archives: August 2011

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4 Mortgage SNAFUS and Who Pays For These Changes

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Rates are flat today. Today's comparison mortgage rates with no lender fees are 4.25% on a 30 year, 3.25% on a 15 year and 2.875% on a 5/1 ARM. Click here for more details. I hope everyone enjoyed yesterday's episod...

Minor Monumental Mishaps from Mike (Blooper Reel)

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Rates are flat today. Both stocks and bonds are mostly flat today as yesterday's good news is muted by a poor consumer confidence report. Today's comparison mortgage rates with no lender fees are 4.25% on a 30 year, 3...

3 Ways Gamblers Can Lock In Lower Mortgage Rates

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Rates are flat today. Consumer spending was reported higher than expected and stocks are up around 200 in early afternoon trading. Today's comparison mortgage rates with no lender fees are 4.25% on a 30 year, 3.375% o...

Why Smaller Mortgage Banks & Brokers Rock! Jukebox Edition

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Rates are flat today. Fed Chairman Ben Bernanke predicted long-term US economic growth today, yet stopped short of promising new QE3 stimulus. Mortgage bonds held flat and stocks are up. Today's comparison mortgage ra...

Mortgage 101: 4 Types of Mortgage Programs & Their Payments

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Rates are flat today.   Initial jobless claims were higher than expected, driving stocks down.   Bonds are mostly flat.   Today's comparison mortgage rates with no lender fees are 4.25% on a 30 year, 3.375% on a 15 ye...

APR Is Not a Sure Bet When Shopping for a Mortgage Quote

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Rates are flat today. The US durable goods report came in 200% above analyst's expectations. Gold is down big. However, bonds and stocks remain mostly flat at the end of this morning. Today's comparison mortgage rates...

A Mortgage Lender Referral Is Not Enough (With Commentary)

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Rates are flat today. Mortgage bonds are drifting downward slightly and stocks are up in anticipation of Friday's speech by Fed chairman Ben Bernanke. I recommend locking. Today's comparison mortgage rates with no len...

How It Feels to Be a Mortgage Loan Officer in This Economy

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Mortgage bonds are down and rates are up this morning. I recommend locking. Today's comparison mortgage rates with no lender fees are 4.25% on a 30 year, 3.375% on a 15 year and 3.0% on a 5/1 ARM. Click here for more...

10 Deadly Skeletons in Your Mortgage Closet

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Rates are flat today. With no big economic reports out today, expect more of the same. I recommend locking if you can. Today's comparison mortgage rates with no lender fees are 4.0% on a 30 year, 3.25% on a 15 year an...

3 Ways to Ease the Pain of an Appraisal for a Mortgage

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Rates are down today. As of noon, it's been a crazy day in the markets with stocks and bonds both down. I recommend locking as it seems as though investors may be pulling out of both stocks and bonds today in favor of...

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