Mortgage Insights

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

 

October Sees Home Sales Hit Five Year Low

Nov 16, 2012 - Even though buyers have been more energetic thanks to record low mortgage rates, home sales have hit a 5 year low. A report showed listings in October declined 2.6% since September. In fact listings were down in all but five of the 146 markets surveyed, so it comes as no surprise that there is...

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Tips to Cutting Your Mortgage Costs

Nov 14, 2012 - Saving money is never a bad thing and saving money on your mortgage is even better. Mortgages can be expensive but if you know the tricks you can avoid paying an expensive mortgage. For first time home buyers or homeowners looking to refinance, this guide will help you keep your money where it...

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Beware When Buying an Old Home, It Can Come with Hidden Problems

Nov 14, 2012 - Buying an old home comes with a long history and also can look beautiful but, like anything, it ages and needs to be cared for. No matter what you do your home will, like everything else, get old and require maintaining. Many times these repairs are hidden and do not show up until the damage is...

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How to Avoid Homebuyer’s Remorse

Nov 14, 2012 - If you do the research, check the references and make sure that your agent has only your best interest at heart, then there are no bad reasons to hire a buyer's agent to help you get your first home.A good buyer's agent will be able to customize your offer to fit the motivations of the seller...

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Things Everyone Should Know About A VA Loan

Nov 14, 2012 - In October, the Conference Board reported a jump in their Consumer Confidence Index from 68.4 to 72.2, showing an increase in consumer sentiment. The Present Situation Index jumped from 48.7 in September to 56.2 in October. Even the Future Expectations Index improved slightly."Improvements in...

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