Borrowing Better Done Sooner Rather Than Later

Federal Home Loan Mortgage Corporation chief economist Frank Nothaft has noted that 30-year fixed rate mortgages dropped below 4% in mid-October, their lowest since 2013.  They remain at 3.99% as of November 21, signaling a strengthened purchase mortgage market. ...

Thoughts on Refinancing and Equity Withdrawal

Many people are of the belief that the mortgage crisis that began in 2007 was brought about by underqualified first time buyers defaulting on loans that were too readily available.  Bankruptcy Attorney Dave Chenelle points out a November 14th, 2014 New York...