Mortgage Insights

Get the latest mortgage news and other insights into the home loan industry from the at Bank of Internet USA.


Obama Vs. Economists: Who’s to Blame for the Economy’s Slow Recovery

Nov 27, 2012 - The state of Illinois recently approved a bill to speed up foreclosures and fix the backlog of these homes. The bill, proposed by state Senator Jacqueline Collins, would decrease the process length from 500 days to 100 days. Another feature of the bill creates housing counseling for homeowners,...

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Three Cities Are Poised To Drive Housing Market Recovery

Nov 27, 2012 - The housing market is making an obvious comeback and data from Tuesday confirms it. The report showed an unexpected 3.6% growth in housing starts in October adding to the 15.1% rise from September. The only thing to answer now is how strong will it continue to get and where will most of it take...

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Rising Re-sales Reinforce Housing Recovery

Nov 27, 2012 - Savings is the best source of cash when preparing a down payment, however, 14% of all home buyers in 2012 got cash from their friends and relatives in the form of gifts to help them with their down payment on a mortgage. This made gifts second, just below savings as a way to meet down payment...

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First-time Homebuyer Tips to Save Money

Nov 27, 2012 - The private sector expanded payrolls during the month of November by approximately 118,000 positions. This is great news for the housing market recovery because experts have argued that, until the job market sees more improvement, the real estate recovery will be slow.Moody's Analytics chief...

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Give Your Home More Value With These Five Simple Renovation Tips

Nov 26, 2012 - While a complete home makeover can add great value to your home, they can be very costly and take a lot of time to complete. These are five easy renovations that give you the results you want at the price and time you need.Reface Kitchen Cabinets: Simply redoing your cabinets can get you a...

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