New Year, Great Mortgage Rates
Bad news for the economy translates into great news for mortgage rates, which are at their lowest in years. When the economy is slow, rates are low. If you are looking to buy or refinance, the market is on your side.Read More

Due to Low Mortgage Interest Rates, Homeowners Continue to Apply for Mortgages in Record Numbers
Undaunted by the holiday season, consumers continued to apply for mortgages in record numbers last week, according to the latest Weekly Mortgage Applications Survey, released today by The Mortgage Bankers Association (MBA).Read More

Low Interest Rates, Low Housing Prices and Lower Down Payments. The Home Buying Stars Have Aligned.
Quicken Loans Mortgage News. Want to start off the New Year with some good news? (We thought so.) If your New Year’s resolution centers around buying a home, there are THREE big things going on that you should know about. The home buying stars have aligned, and they’re telling you to take advantage. Low interest rates, low home prices and low down payments on FHA loans are behind it!Read More

Lower Mortgage Rates Lead to a Bona Fide Refinance Boom
Deck the halls with low mortgage rates, fa la la la la, la la, la la. Tis the season for lower mortgage rates, fa la la la la, la la, la la.Read More

U.S. Mortgage Market Rebounds
A very interesting article from Forbes.com yesterday outlined how the U.S. mortgage industry is showing signs of live and recovery as a result of some of the lowest mortgage rates on record.Read More

How the Fed Rate Cut Affects Mortgage Rates
This week, the Federal Reserve (the Fed) lowered the Fed Funds Rate to 0.25% - its lowest in history (and even zero in some cases). This has been like a defibrillator to the sluggish economy, shocking some life into the markets and spurring economic activity.Read More

Mortgage Applications Continue Their Rally Due to Very Low Mortgage Rates
Americans continue refinancing their mortgages in massive numbers according to this morning’s Market Composite Index, released by the Mortgage Bankers Association (MBA).Read More

Federal Reserve Slashes Fed Funds Rate to Historic Low
Confronted by a continued weakening economy, the Federal Open Market Committee (FOMC, Fed) cut its target Fed Funds rate to a target range of 0 to .25 percent, its lowest level ever.Read More

How Do You Get the Best Appraisal? And Who's to Blame if it Comes in Low?
How to Get the Best Appraisal and Who to Blame for a Low Valuation. Mortgage companies and mortgage bankers actually have nothing to do with the appraisal process. Appraisals are typically handled through the title company and appraisers are often selected from a network of appraisers with which the title company is affiliated. They’re an unaffiliated third party. Often times, there’s confusion because the homeowner is informed about the cost of the appraisal by the mortgage company/banker, when actually there is no mutually beneficial relationship.Read More

Mortgage Applications Decrease Slightly Following Thanksgiving Week Surge
Last week, the number of Americans applying for mortgages dropped from the previous week, according to a report released today by the Mortgage Bankers Association (MBA).Read More