Monthly Archives: December 2011

Mortgage Interest Rates, Home Sales Rise

These two indicators often run together. With increased demand for home buys and mortgages, interest rates rise. With fewer people interested in buying homes and taking on mortgages, interest rates fall. Record low interest rates have not been enough to … Continue reading

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Mortgage Refinancing for Home Improvements

Susan writes: Many home owners find themselves in need of money for major expenditures like home improvement or home repairs. There are many options for the home owner including mortgage refinancing or refinancing your home in order to gain the … Continue reading

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Refinance Your Mortgage Now

Lilly Nelson writes: You have been in your house for a few years. You still have to pay your homeowners insurance. The budget belt is getting tighter due to an alarming 6.6% interest rate on your mortgage. Sure you get … Continue reading

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The Mortgage Complaint Hotline

Buying a home is the biggest purchase most people will make. Mortgages are big business. Few people outside of the professionals fully understand what they’re signing up for. There’s ample room for cheating. It is in the mortgage industry’s interest … Continue reading

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Will Mortgage Delinquencies Drop In 2012?

One sign of a turnaround in the housing market will be a decline in mortgage delinquencies. I suspect that if you’ve been able to keep up with your mortgage payments over the past four years of recession and low growth, … Continue reading

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The Obama Administration’s War On Banks Now Focuses On JP Morgan

Obama’s administration has criticized JP Morgan “for failing to effectively assist struggling homeowners>” Why should banks assist struggling homeowners? Why should banks not be free to pursue their own self-interest aka maximum profit? I pursue my own self-interest every day … Continue reading

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