Mortgage Matters
9 views | +0 today
Follow
Mortgage Matters
Timely articles about financing the homeownership dream
Curated by hughwpage
Your new post is loading...
Your new post is loading...
Scooped by hughwpage
Scoop.it!

Foreclosure Activity Continues to Decline

Foreclosure Activity Continues to Decline | Mortgage Matters | Scoop.it
Foreclosure activity continued to decline in November and is now down 14 percent from one year ago when one in every 492 U.S. housing units was the subject of a foreclosure filing. In November 2011 that number dropped to one in every 579 units.
more...
No comment yet.
Scooped by hughwpage
Scoop.it!

Mortgage Interest Rate Fundamentals

Questions considered here include: What are mortgage interest rates, is the rate less important than the amount of interest paid, does a fixed rate imply a fixed payment, and can I borrow at the rates quoted in the media?
more...
No comment yet.
Scooped by hughwpage
Scoop.it!

The Mortgage Professor

Rent or Buy...a Simpler Approach

 

Calculating the costs and benefits of home ownership versus renting is extremely difficult because many important factors involved in the decision are very difficult to quantify.

more...
No comment yet.
Scooped by hughwpage
Scoop.it!

NAR to Revise Existing Home Sales Data - Five Whole Years Worth

NAR to Revise Existing Home Sales Data - Five Whole Years Worth | Mortgage Matters | Scoop.it
The National Association of Realtors® (NAR) will hold a press conference next week to announce revisions to its data on sales of previously owned U.S. homes from 2007 through October 2011 .
more...
No comment yet.
Scooped by hughwpage
Scoop.it!

Tutorial on Choosing Between ARMs and FRMs

In general, ARMs have lower payments in the early years than FRMs but expose borrowers to the risk of higher payments in future years.
more...
No comment yet.
Scooped by hughwpage
Scoop.it!

Costs for All-Time Low Mortgage Rates Inch Lower

Costs for All-Time Low Mortgage Rates Inch Lower | Mortgage Matters | Scoop.it
Mortgage Rates experienced another record setting day. While the 3.875% Best-Execution rate remains unchanged on average, the costs involved to obtain that rate reached inched slightly lower to reach a new all-time low.
more...
No comment yet.