Mortgage Insights

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


California Home Sales Rise Sharply in October

Nov 19, 2012 - One of the most anticipated rules to come out of the CFPB, which was established to create lending rules, is the qualified mortgage rule. According to Ballard Spahr's Richard Andeano Jr., this rule should define the guidelines for determining a borrower's ability to pay back their mortgage....

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What the Great Depression can teach us about Foreclosure Management

Nov 16, 2012 - In 2008, the financial meltdown was largely caused by a reckless creation and trading of debt instruments. The Federal Home Loan Bank was a pioneer in Mortgage Securitization, which was a huge help for those affected by the financial crisis.The foreclosure crisis of the Great Depression was much...

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The Consumer Financial Protection Bureau and What it can do for You

Nov 16, 2012 - The answer is sometimes. Your financial situation and the type of refinancing are the dependent variables that make this a tough question to answer. Determine if refinancing makes sense and jump on it when interest rates reach where you want them to.Owners can save money by switching to a...

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Will Refinancing Your Home Save You Money?

Nov 16, 2012 - As the level of mortgage applications rise during the early part of the month, more consumers may want to buy new homes.Mortgage applications increased an incredible 6% during the week ending December 7th, which is suppose to be a slow time for the housing market. According to the Mortgage...

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Five Factors that can get you a Low Mortgage Rate

Nov 16, 2012 - Seattle and San Francisco from the West Coast was acknowledged by Trulia chief economist Jed Kolko, because increased employment opportunities in Washington and California have likely played a big role in driving housing market traffic. Out of 100 of the healthiest markets surveyed by Kolko,...

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