From the monthly archives: July 2011

Mortgage Rates: Lingering Low Mortgage Rates Remain a Great Deal

On July 15, 2011 By

Although mortgage rates have remained steady for several weeks, economic stress here in the U.S. and abroad in Europe is putting enough pressure on investors who are seeking safety and driving MBS prices higher. Freerateupdate.com’s daily survey of wholesale and direct lenders show that, except for jumbo 30 year fixed mortgage rates, all other mortgage [...]

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Single Women a Rising Force in the Home Market

On July 15, 2011 By

Unmarried women continue to make up a growing segment of home buyers and are buying homes in record numbers: Last year, they composed 20 percent of all buyers last year, according to the National Association of REALTORS®. Single men accounted for 12 percent.

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Mortgages: 7 Things You Don’t Want to Learn the Hard Way

On July 12, 2011 By

by PJ Wade

Experience is a good teacher, but when it comes to mortgages—whether you’re arranging a new one or renewing—learning by experience can be expensive.

The more you understand about mortgages and home equity lines of credit (HELOC) before you sign a mortgage contract, the more you can save in interest [...]

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