Mortgage Insights

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

 

Refinance Programs Benefit People with Good Equity

Nov 25, 2012 - On Friday we saw mortgage rates shoot up to the highest levels they have been at since August. While this has a lot to do with an ongoing trend north, it is indirectly in response to overnight events in Europe. Germany reported strong economic data that initially sent interest rates...

Full Story

Dealing with the Property after Acquiring the VA Loan

Nov 19, 2012 - Mortgage rates fluctuate mainly due to supply, demand and inflation, but most importantly, they are affected by what happens in the secondary mortgage market.This is where loans and servicing rights are sold by market leaders Fannie Mae and Freddie Mac and then bought by investors such as mutual...

Full Story

Important First Moves for First Time Homebuyers

Nov 19, 2012 - Buying a home for the first time is a big step, yet it is one that you can easily prepare for given the right guidelines. Here are four rules that will make the process of buying a home simple and straightforward.Pre-qualification is the first step to buying a home. This will not only give you a...

Full Story

Increased Home Values in October Ends Twelve Months of Consistent Growth

Nov 19, 2012 - Pent up demand is currently sustaining the market, according to Lawrence Yun, chief economist for the National Association of Realtors."Record low mortgage rates clearly are helping many home buyers, but tight inventory and restrictive mortgage underwriting standards are limiting sales," he...

Full Story

Strict Lending Policies: Helping or Hurting the Recovery

Nov 19, 2012 - The Primary Mortgage Market Survey from Freddie Mac, reported new record lows in 15- and 30-year fixed-rate mortgages of 3.31% and 2.63% respectively. This is expected to lead to more activity in both refinancing and home purchases.The housing market recovery is looking more promising as...

Full Story

First309310311312313314Last