Mortgage Blog

Mortgage Blog

Mortgage Market Update

Mortgage Market Update, March 25th 2013 The latest news from Cyprus this week about the bailout failure caused the bond market to tick upwards. However, other news caused a stabilization in the markets resulting in the bond market and therefore mortgage rates to remain about the same as last weeks close. The bond market overall is

Mortgage Market Update

Mortgage Market Update- March 17, 2013 Mortgage rates did not quite keep up with the bond market this week. In fact, changes this week would have indicated rates would have changed more this past week than they did. However, in spite of that, the rates did move slightly downward this week. Home buyers and those who are

Proven Track Record with Bonita Springs Lenders

Bonita Springs Lenders Many people who are searching for home refinance loans or for purchase mortgages do not understand the role of a mortgage broker. In fact, some would prefer to work directly through a lender and allow the chips to fall where they may. There are some valid reasons to use a Bonita mortgage broker that

Mortgage Market Update

Mortgage Market Update- March 10, 2013 The good news for the economy is there were more than 200,000 jobs created in February of 2013. This sent the stock market soaring to new highs but of course, this was not good news for the bond market. While this may seem counter-intuitive, anything that is good for stocks

Mortgage Market Update

Mortgage Market Update- March 3, 3013 This week for the first time since September of 2012, mortgage rates declined very slightly. Do not get too excited, this drop was minuscule in comparison to the financial news this week. Both domestic and overseas news could have caused a much bigger fluctuation in bond rates this week which

Common Mortgage Refinance Pitfalls

Homeowners have various reasons for wanting to refinance their mortgages. There are some pitfalls that should be avoided if you are considering refinancing. Some problems are out of the control of the homeowner however and can be addressed with mortgage lenders. The two best reasons for refinancing your mortgage are to lower your monthly payments or

Mortgage Market Update

Mortgage Market Update- February 24, 2013 This week it appeared the mortgage market was going to sleep for a good part of the week. There was not very much action during the week thanks in large part to the holiday on Monday followed by a lack of real economic news throughout the week. However, in spite

Mortgage Market Update

Mortgage Market Update-February 10, 2013 The mortgage market seemed to sleep through this week, though after all of the news from last week, this week provided far less fodder for the mortgage market. Although the mortgage market remained largely unchanged in some cases, lenders increased rates slightly over the course of the week since the stock

Should you refinance or take an equity loan

Should you refinance or take an equity loan? For a homeowner who is fortunate enough to have equity in their home, there may come a time when they consider a cash-out refinance. Others may consider a home equity loan to free up some of the capital they have available thanks to having equity. The quandary is

Marco Island Mortgage Broker

Finding a Marco Island mortgage broker means understanding what type of loan you need and what options are offered by the broker. While most banks can help a borrower get help with a traditional mortgage, you may need special services. There are some services that a well-qualified mortgage broker can help you obtain. Our team