Mortgage Articles

Will the $26B Settlement Help You?

Will you qualify for a piece of the $26 billion settlement announced this week to resolve claims against the nation’s five largest mortgage lenders? Here are some of the details:

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Do You Really Need to Put 20% Down?

There’s a widespread perception that you need to put at least 20 percent down to buy a home these days. Fortunately for home buyers, that’s just not true.

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Lower Taxes, But Higher Mortgage Fees

Happy New Year – mortgage fees are going up.

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Your Mortgage and the Holidays

Have yourself a Merry Christmas and a wonderful holiday season – but don’t do it at the expense of your mortgage.

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7 Books for Homebuyers and Borrowers

Books are always a popular item at Christmas. Since we’re all about mortgages and personal finance here, we thought we’d put together a list of some of the more popular mortgage-related books for consumers this year.

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Understanding No-Cost Mortgages

Is it really possible to get a mortgage and pay no closing costs? The answer is yes, you can – and no, you can’t.

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USDA Mortgages an Affordable Option

If you’re looking for an affordable and obtainable mortgage, don’t overlook a USDA Rural Development Loan.

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Home Loans for Manufactured Homes

If you’re a budget-minded homebuyer, you may be thinking about a manufactured home. But can you get a mortgage for one in the current economic climate?

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Getting Rid of PMI When Underwater

Can you still get rid of PMI despite being underwater on your mortgage? The answer may surprise you.

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Lease-to-Own or Land Contract?

Last week we discussed land contracts as a tool for buying or selling a home in a difficult market. Today, we’ll take a look at rent-to-own agreements, which are similar, but with some important...

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National Rates

Loan Type Today +/-
30 yr fixed 3.80
15 yr fixed 3.10
5/1 ARM 2.73

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