Monthly Archives: August 2011

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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 Options for Remodeling When Applying for a Mortgage

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Rates are surprisingly flat today. Investors fled to bonds after the stock market took a dive this morning in response to the S&P downgrade of the US credit rating on Friday. The Dow was down 350 points in early tradi...

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...

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...

3.875% & no fees on a 30 yr fixed mortgage? Spread the news!

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Rates are down and at historic lows. Today's comparison mortgage rates with no lender fees are 3.875% on a 30 year, 3.25% on a 15 year and 3% on a 5/1 ARM. Click here for more details. This is the lowest I've ever s...

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...

4 Types of Income That Are Not Allowed for a Mortgage

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Rates are flat today. The Dow took a 512 point drop yesterday. However, it was reported today that 117,000 jobs were created in July, and last week's unemployment numbers went from 9.2% to 9.1%. There is a reason to b...

5 Questions to Ask Your Mortgage Loan Officer Before Locking

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Rates are flat today. Today's comparison mortgage rates with no lender fees are 4.25% on a 30 year, 3.375 % on a 15 year and 2.75% on a 5/1 ARM. (click here for details). Surprise! Surprise! The founder of ForSaleByO...

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...

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...

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