Mortgage Rates & Trends

2011 looks to be a harsh year for the housing market, depending on unpredictable changes to the nation's economic fortunes.  Currently, there is a very large number of unsold homes throughout the nation.  There is little demand for these pieces of real estate.  Simple economics can be used to con...

Location is even more important for people who wish to purchase homes after the recession we just experienced. The old proverb is more valid than ever before. The 3 most important factors for judging property are location... location... and... location. That is the conclusion drawn by the a study...

Does Warren Buffett, perhaps the world's top financial guru, predict that mortgage interest rates will go up in 2011? His recent financial transactions give good reason to believe that this is the case. Berkshire Hathaway Inc. borrowed 1,500,000,000 dollars by issuing fixed-rate bonds to pay off ...

Starting on 1/1/11, mortgage lenders shall be forced to alert borrowers about how their credit scores could be preventing each individual from locking in the best possible mortgage rates. The purpose of the credit score alert is mostly to caution mortgage borrowers about the impact of their credi...

2011 is not likely to end well for the housing market.  This is due to multiple factors.  In a post yesterday I wrote about my prediction of an guaranteed decrease in home values in the coming year.  This post, I would like to talk about what appears to be another 2011 inevitability:  an increase...