Tag Archives: Mortgage Calculator

Mortgage Rates Highest in Over a Month

Mortgage rates were slightly higher today, depending on the lender.  Many lenders ended up raising rates last Friday afternoon as underlying bond markets weakened.  The remaining lenders had more distance to cover in terms of getting caught up with market movements.  The … Continue reading

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The Ever-Changing World of Private Mortgage Insurance; Capital Markets

Residential lenders aren’t the only ones having a tough time out there. Builder Hovnanian reported a Q2 loss of $9.8 million. The Social Security program’s costs will exceed its income this year for the first time since 1982, forcing the … Continue reading

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After Long Search, MBA Finds New Leadership

A nine-month search for a replacement for David H. Stevens as president and CEO of the Mortgage Bankers Association (MBA) ended today with the selection of Robert D. Broeksmit.  Broeksmit is a Certified Mortgage Banker (CMB)  and current president and chief … Continue reading

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Non-QM and Digital Products; Global Events Driving our Capital Markets

Plenty of people I know agree with the this Forbes article titled, “We Have Learned Nothing From The Mortgage Market Meltdown.” Builders are reducing labor costs by using premanufactured products that also require low maintenance. And what’s not to like about taking … Continue reading

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Nevada home prices continue to rise

Home prices continued to rise while the number of home sales stabilized in September, according to statistics provided by the Greater Las Vegas Association of Realtors The median price of existing single-family homes sold during September through its multiple listing … Continue reading

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Consumers: On-Line Mortgage Info Convenient, not Trustworthy

While it sometimes seems as though Americans live online, there is still apparently one area where they still value human contact. A recent survey conducted by Fannie Mae found borrowers continue to put a lot of trust in their real estate … Continue reading

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The 8 Mortgage Mistakes You Can’t Afford to Make

Picking out the perfect home can be a challenging task. But that’s only the first step. You still need to be an attractive loan candidate, navigate the mortgage process and plan well for the future. Since all that can get a little tricky, … Continue reading

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