How Successful is the HARP Government Mortgage Refinance Program?

H.A.R.P. Government Mortgage Refinance Program It's been nearly four years since the original version of the Home Affordable Refinance Program (HARP) was announced by the White House and the Federal Housing Finance Agency (FHFA). HARP is part of an … [Read more...]

Get A Lower Interest Rate on Your Mortgage

These days very  few people can afford to buy a house for cash. So, if you’re looking to purchase a new home, you’re probably planning on getting a mortgage. Obviously, that requires you to pay additional interest to the bank, adding thousands of … [Read more...]

Differences Between Pre-Qualified and Pre-Approved For a Home Loan

Pre-Qualified vs. Pre-Approved for a Home Loan- People commonly use the terms pre-approval and pre-qualified interchangeably when they are in the market to buy a home. However, these are two entirely different concepts, and it’s important to … [Read more...]

Using the MIP to Decide- When to Refinance

The MIP (Moore Inflation Predictor) is our proprietary index that projects future inflation rates one year into the future. It uses a "fan" style with varying level of likelihood that certain rates will be attained. If you are considering … [Read more...]

A Rising Market Won’t Stop the “Economic Rot” Beneath

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When is it Right to Refinance?

With "everyone" talking about the historically low mortgage rates you are ready to decide if it "pays" to refinance.  The "rule of thumb" supplied by mortgage companies is that if you can reduce your interest rate by 1% it is usually … [Read more...]

Low Mortgage Rates – Reduce Your Payment or the Length of the Loan?

Prior to 2008 current mortgage rates were at their lowest levels in decades and many people were refinancing. At the time I warned that "this trend seems dangerous to me because rather than using this as an opportunity to shorten the life of their … [Read more...]

How to find a Good Mortgage

It is always a good idea to compare mortgage rates from several  different companies. But there are several factors to keep in mind. The lowest rate isn't always the best deal. Other factors to consider are "points" and "closing costs". Points … [Read more...]

A Bi-Weekly Mortgage can Save You Thousands

How to  Save $$$ on Your Mortgage You can save literally thousands of dollars and quite possibly "tens of thousands" of dollars by following this simply relatively painless method. By using this simple Bi-Weekly mortgage system to make your … [Read more...]