Articles by Steven Roberts

FHA Home Loans
FHA Loan AdvantagesMinimum down payment is 3.5% (escrow required).. Minimum credit score is 580.. No penalties for pre-payment of the loan.. Closing costs may be covered in the loan repayment.. Low interest rates are available, similar to conventional.. Short waiting period to...

Making a Mortgage Decision: Conventional, FHA and VA Home Loans
The three major loan program categories are conventional mortgages, FHA mortgages, and VA mortgages. Consider the following advantages and disadvantages of each to see which one is best for you:.  Conventional MortgagesAny home loan not insured or guaranteed by the...

What Is a Co-Borrower ?
Following the housing market collapse at the end of the last decade, you may have found it increasingly difficult to acquire home mortgage loans, partly due to stricter lender criteria regarding borrower income, assets, and other factors. . As a result, you may choose...

5 Common Obstacles to Refinancing
Refinancing an existing mortgage can be much simpler than obtaining a brand new home purchase mortgage from scratch. . Despite this, refinancing can be difficult for some borrowers. If you're hoping to refinance your mortgage, consider the following obstacles:. 1....

Know Your Home Buyer and Borrower Rights
There are two primary acts that establish protections for real estate buyers and mortgage borrowers.  Basic information about these acts is outlined below, along with a list of your rights as a first-time buyer and borrower.. The Fair Housing ActThe Fair Housing...

Choosing a Home Loan and Terms
There are several home loan programs available for you. Each option will provide terms that may or may not best suit your current financial situation. Before applying for your loan, you should do the due diligence and evaluate your options. . Consider the individual...

Find A House: 7 Tips For Getting The Home You Want
1. Plan your budgetUsing a mortgage calculator is a great start to planning what you afford when it comes to finding a house. You can get an idea of monthly payment amounts, interest rates, and even what down payment amount is best for you. Planning out your budget like this gives...

HARP 2.0 FAQ
The Home Affordability Refinance Program (HARP) is a refinance program created to assist homeowners with financial hardships and seek an affordable payment plan. . The concept of HARP is to prevent the housing market from crashing like in 2008, which led to a severe...

Conventional Versus FHA Loans
 This page describes two of the most popular loan types: conventional mortgage loans and FHA mortgage loans. To determine which loan best suits your circumstances, take some time to consider the pros and cons of each..  FHA vs. Conventional...

Maintain Your Credit
You have a lifetime of financial decisions to face and after you have improved your FICO credit score, you must responsibly manage it at all times. One slip could cost you thousands of dollars when you need a loan in the years to come. Besides higher interest rates, you may have...

VA Loan Frequently Asked Questions
Why get a VA loan?VA loans provide exceptional benefits. For instance, VA loans allow borrowers to purchase a home without a down payment, one of the few remaining mortgage loans with this characteristic.  . The VA also limits the amount of closing costs which...

What is a Conventional Loan?
The term conventional loan describes any mortgage loan that is not guaranteed or insured by the Federal Government. These loans follow the loan limits and guidelines set forth by the Government Sponsored Enterprises (GSEs) Fannie Mae and Freddie Mac. . Some...

Credit Score Requirements for Conventional Loans
What credit score do you need to qualify for a conventional loan? Review the list below to find out what type of conventional loan you may qualify for:. 580:    Minimum credit score to qualify for a conforming loan.600:    Accepted by a few lenders, but...

Can You Default on a Reverse Mortgage?
A reverse mortgage is a non-recourse loan program insured by the FHA that allows homeowners over the age of 62 to receive funds from the equity in their home.  This type of loan lets homeowners still live in the home until they either pass away or no longer live in the home as a...

Understanding the VA Construction Loan Process
The U.S. Department of Veteran Affairs (VA) allows eligible military borrowers to acquire a VA mortgage loan to fund the purchase of both existing and new home constructions. Consider the following factors for VA Construction Loans and the process of constructing a...

VA Loan Modification
 For veterans who have purchased a home with a VA loan, the VA offers loan modification as an option. It allows borrowers to alter the terms of the loan to make the payments more affordable and to facilitate consistent monthly payments better.. While not always the...

Home Sales Tax Break: Making the Most of Home Sale Profits
According to economic statistics, home prices have begun to rise slightly this year. While not a drastic rise in prices, this increase provides some relief for the troubled housing market that has been devastated by the bubble burst in 2009.. What does this mean for...

Is a Mortgage Worth the Debt?
Most people are not affected by admitting to auto loan debt, though many are uncomfortable discussing credit card debt. Real estate debt has typically been regarded as a good debt, due to both the necessity of this debt for home ownership and also due to it being so customary.....

What Do I Need for a HARP Application?
Before committing to a HARP refinance, borrowers should consider the advantages and disadvantages of the HARP program. . Determine your eligibility for HARP.To qualify for a HARP refinance the mortgage must satisfy the following requirements for the HARP...

How to Overcome HARP Refinance Qualification Obstacles
This article will outline the five main hurdles that borrowers must overcome when seeking approval for a HARP refinance, as well as providing helpful solutions for each when applicable.. Your mortgage is not backed by Fannie Mae or Freddie Mac. Obstacle: Under the...

Analyzing HARP Market Interest Rates
The Home Affordable Refinance Program (HARP) provides homeowners with the opportunity to refinance through HARP 2.0 into the currently low-interest rates.. Responsible homeowners can reduce their monthly mortgage payments with lower HARP interest rates as well as adjust...

HAMP Versus HARP
A modification to your loan could save you the trouble of processing a new loan and the high fees associated. A modification is available through private lenders, but if you qualify, the government's (HAMP) Home Affordable Modification Program is the most beneficial...

Debt Forgiveness for Mortgages
Many borrowers saw their homes foreclosed due to the loss of equity in their homes and inability to continue making mortgage payments. For these borrowers and others who were forced to restructure their mortgages, the Mortgage Forgiveness Debt Relief Act of 2007 provides...

Should I Get a Second Mortgage or Refinance?
You have options when doing a cash-out refinance to get cash from your current home mortgage or extracting some of the equity through a home equity loan (HEL) or home equity line of credit (HELOC). . While both options have advantages and disadvantages, you will...

What is Private Mortgage Insurance (PMI) ?
Home buyers who put less than 20% down, and are not utilizing a government insured loan program (such as FHA & VA), must obtain private mortgage insurance (PMI). . PMI is a set of premiums that protect lenders from losing money as a result of borrower default. While...

Can I get a VA Loan after Short Sale or Foreclosure?
VA mortgages are among the best home financing options available today.  Veterans have earned the right to secure this unique mortgage opportunity that offers 100 percent financing and no mortgage insurance.. Work with an experienced VA loan officer that is familiar...

Can I Negotiate Closing Costs?
As with many things in this world, closing costs and discount points can be negotiated. But it's tougher for the borrower to obtain large concessions unless there are trade-offs with the lender. For example, the lender may be much more willing to reduce closing fees or...

Mortgage Terminology
Acceleration ClauseThis mortgage contract clause will require repayment of the loan's principal and interest (i.e., the full loan amount) upon default. "Default" is any type of breach.. Adjustable-Rate Mortgage (ARM)An adjustable-rate mortgage comes at a...

Mortgage Rates 8-13-13
Are mortgage rates going down tomorrow? Though it is difficult to be sure, forecasts seem promising for another day of decrease. Today’s release of the Retail Sales Report insinuates the market will continue improving in weeks to come. Mortgage rates have remained...

How Property Appraisers Determine Property Value
If you plan on purchasing or selling a home, a home appraiser can help create an objective assessment of the property. Keep reading to learn essential information about property appraisals and find out tips on how you can earn the highest value..  . Property value depends on...

Mortgage Rates 8-14-13
Are mortgage rates going up tomorrow?  Unfortunately, it seems tomorrow’s rate will increase as it has today. The fluctuation is due to the reaction to yesterday’s Retail Sales Report. The Employment Report released August 2nd had stabilized lower...

Mortgage Rates 8-15-13
Are mortgage rates going up tomorrow?  This seems to be the case, however it is difficult to be sure. Fluctuation is to be expected in reaction to today’s release of the Consumer Price Index and Jobless Claims Report. Forecasts imply a slow and steady rise in...

Mortgage Rates 8-16-13
Are mortgage rates going up tomorrow?  Higher rates are to be expected. Considering the consecutive surge in mortgage rates this week, do not anticipate an immediate decrease. As forecasted, the Consumer Price Index and Jobless Claims Report inspired a peak in this...

Mortgage Rates 8-19-13
Are mortgage rates going up tomorrow?  According to our poll, mortgage experts predict rates will increase again tomorrow. The mortgage market remains volatile as rates have peaked for a fourth consecutive day. The release of the Consumer Sentiment and Housing Starts...

Mortgage Rates 8-20-13
Are mortgage rates going up tomorrow?  According to our poll, mortgage experts predict rates will continue to peak. Today, market rates approached records highs, some higher than we have witnessed this year. A fifth consecutive day of sideway movement implies the...

Mortgage Rates 8-21-13
Will mortgage rates go down tomorrow? According to our poll, industry experts predict rates will increase slightly. Today’s market rates settle in the green, providing momentary relief as they stagger back down from this year’s record highs. However,...

Mortgage Rates 8-22-13
Will mortgage rates go down tomorrow? According to our poll as of 11:32 ET, industry experts predict lower market rates tomorrow morning. Today’s rates rose slightly, leveling off just below the 52 week record highs. The market has seen better days, however the...

Mortgage Rates 8-23-13
Are mortgage rates going up? Data from our Lender411 poll suggests, mortgage experts predict stabilization or a minimal increase in market rates Monday morning. Speculation continues to invite inconsistency and fluctuation in the market. The FOMC Minutes inspired...

Mortgage Rates 8-26-13
Will mortgage rates go down tomorrow? According to our poll as of 11:23 ET, mortgage experts forecast lower rates tomorrow morning. The New Home Sale Report, released Friday afternoon, provided weak economic data. In response, the Feds made a brief statement implying...

Mortgage Rates 8-27-13
Will mortgage rates go down tomorrow? Forecasts imply market stabilization for tomorrow’s market rates. According to our poll as of 11:43 ET, our mortgage experts predict slightly lower, but mostly steady rates as a response to the Feds statement and a series...

Mortgage Rates 8-28-13
Will mortgage rates go down tomorrow? Difficult to say, however lower rates are expected. According to our poll as of 11:38 ET, mortgage experts predict slightly lower, but mostly stable rates. Today’s market rates sunk to the lowest we’ve seen in two...

What Is the Mortgage Bankers Association?
The Mortgage Bankers Association (MBA) is the national organization for all real estate industry professionals. The organization is composed of nearly 350,000 professionals that represent mortgage, financial and real estate companies. The MBA established a...

Mortgage Rates 8-29-13
Are mortgage rates going up tomorrow? Market rates are forecasted to rise tomorrow as they have today. According to our poll as of 11:05 A.M. ET, mortgage experts predict an increase in mortgage rates. Today the market staggered back up to Monday’s highs. Tension...

Mortgage Rates 8-30-13
Will mortgage rates go down Monday? Mortgage experts predict rates will remain steady or decrease slightly tomorrow, according to our poll this morning. There are no economic reports scheduled to influence drastic changes before this three day weekend. Today the...

Mortgage Rates 9-03-13
Are mortgage rates going up tomorrow? According to our poll at 11:43 AM, mortgage experts predict tomorrow’s rates will increase. Fluctuation in market rates are to be expected due to speculation of this Friday’s Employment Situation Report. The...

Mortgage Rates 9-04-13
Will mortgage rates go up tomorrow? According to our poll at 11:01 AM ET, mortgage experts predict tomorrow’s rates will remain stable or increase slightly. Rates will continue to fluctuate due to speculation of Friday’s Employment Report....

Mortgage Rates 9-5-13
Will mortgage rates go up tomorrow?  Slightly higher, yet mostly stable market rates are to be expected tomorrow, according to our poll at 11:37 A.M. ET. Inconsistency is inevitable, as speculation rises regarding Friday’s Unemployment Report. Positive...

Mortgage Rates 9-6-13
Are mortgage rates going up Monday? Mortgage experts predict lower rates Monday in response to the Unemployment Report released today. Economic data was slightly weaker than expected, implying the Fed’s may deter from the anticipated Tapering decision....

Mortgage Rates 9-9-13
Will mortgage rates go down tomorrow? Mortgage rates are predicted to decrease tomorrow, mirroring today’s market improvement. Friday’s NFP Report illustrated weak economic data regarding employment. The Fed’s will make a decision on Tapering this...

Mortgage Rates 9-10-13
What will mortgage rates do tomorrow? Mortgage professionals predict market rates will remain stable, according to our live poll this morning. No significant data is expected until the Fed’s September 18th decision. However, the market may fluctuate this week due to...

Mortgage Rates 9-11-13
Will mortgage rates go up tomorrow? Market rates are expected to rise, according to mortgage experts voting on our live polls. As no significant data has been released, rates peaked today in response to last night’s public address on intended political action...

Mortgage Rates 9-12-13
What will mortgage rates do tomorrow? According to mortgage experts voting on our live poll, market rates should remain fairly stable. Speculation of tomorrow’s economic data is inviting volatility in the mortgage market. Rates decreased today, in response...

Mortgage Rates 9-13-13
What will mortgage rates do Monday? Market rates will rise, according to mortgage professionals on our live poll. Although today’s Retail Sales Report provided weaker data than economist had predicted, it may not be significant enough to prevent Tapering....

Mortgage Rates 9-16-13
What will mortgage rates do tomorrow? Mortgage professionals predict market rates will stabilize tomorrow, according to our daily poll. This may be the calm before the storm. Anticipation is high as we wait for Wednesday’s Federal decision on Tapering off...

Mortgage Rates 9-17-13
Will mortgage rates go up tomorrow? Market rates will rise, according to mortgage experts voting on our live poll. The Federal Reserve will announce their decision on Tapering off Mortgage-Backed Securities tomorrow. Industry professionals believe the Fed will cut MBS...

Mortgage Rates 9-18-13
Are mortgage rates going up tomorrow? Difficult to say, but one thing is for sure, market rates will not surge to record highs as expected. The Federal Reserve have postponed tapering off mortgage-backed securities after considering our economic instability....

Mortgage Rates 9-19-13
Will mortgage rates go down tomorrow? Interest rates will decline in response to market improvement. Mortgage experts have voted on our live poll, illustrating an accurate prediction of tomorrow’s rates. This morning at 9:15 A.M PT, the 10-year Bond is up by 0.66% at 2.73,...

Mortgage Rates 9-20-13
Will mortgage rates go down Monday? Interest rates are likely to remain stable. The market was flat today with minimal fluctuation. Mortgage professionals have voted on our live poll, illustrating an accurate prediction of Monday’s rates. The 10-year...

Mortgage Rates 9-23-13
Will interest rates go down tomorrow? The mortgage market is likely to remain flat, according to mortgage experts voting on our Live Poll. Fluctuation in either direction by .01-.02% is probable. The stock market is suffering this morning, which may shuffle investors towards...

Mortgage Rates 9-24-13
What will mortgage rates do tomorrow? Mortgage experts predict fairly stable interest rates tomorrow, according to our Live Poll. The 10-year Bond has declined significantly to 2.674 this week by 2.5%. The stock market is regaining strength, which may stray investors...

Mortgage Rates 9-25-13
Will interest rates go down tomorrow? Mortgage professionals predict lower rates tomorrow, according to our Live Poll. Weak economic data, such as Yesterday's Consumer Confidence Report, will improve market conditions. Best-execution interest rates...

Mortgage Rates 9-26-13
Will mortgage rates go down tomorrow? Interest rates will likely remain stable tomorrow, according to our Live Poll voted on by mortgage professionals. Fluctuation is probable as mixed data is released this morning. The Feds are carefully analyzing economic reports...

Mortgage Rates 9-30-13
What will interest rates do tomorrow? The mortgage market may remain flat tomorrow as investors hold off bets on US stocks and bonds as the Government intends to shutdown tomorrow morning. The government shutdown is expected to drive up mortgage rates this week, according to...

Mortgage Rates 10-1-13
What will interest rates do tomorrow? Market rates are predicted to resist change tomorrow morning, according to mortgage professionals voting on our live poll. The mortgage market remained stable today, increasing slightly in response to the decision to...

Mortgage Rates 10-2-13
Will interest rates go down tomorrow? The mortgage market is likely to remain flat tomorrow, according to mortgage professionals voting on our live poll. Today the market leveled off at yesterday's rates, resisting change. Investors are hesitant, as everyone...

Mortgage Rates 10-3-13
What will interest rates do tomorrow? Mortgage rates are predicted to hold relatively steady tomorrow, according to mortgage professionals voting on our live poll. Tomorrow's Employment Situation Report will be unavailable due to the government shutdown,...

Mortgage Rates 10-4-13
Will interest rates go down Monday? The market is predicted to remain stable, according to mortgage professionals voting on our live poll. Investors lie dormant as today’s Employment Situation Report is unavailable due to the government shutdown. Market...

Mortgage Rates 10-7-13
Will interest rates go down tomorrow? Market rates are likely to keep constant with last week’s neutral behavior, according to mortgage professionals voting on our live poll. The mortgage market may fluctuate lightly, but is over resisting change until...

Mortgage Rates 10-8-13
Will interest rates go down tomorrow? Mortgage professionals predict static interest rates as the government shutdown has induced a momentary paralysis, according to our live poll. Volatility is high and one piece of economic data this week could resuscitate the mortgage...

Mortgage Rates 10-9-13
What will interest rates do tomorrow?  Market rates are likely to resist change tomorrow, according to mortgage pros voting on our live poll. Today’s rates were consistent with yesterday's rates. Volatility remains high as the Feds did not insinuate during...

Mortgage Rates 10-10-13
What will interest rates do tomorrow? Market rates have risen today and may follow this same behavior tomorrow. Lender's rate sheets showed improvement and a short-term compromise is in negotiation by House Republicans and Democrats, regarding a temporary...

Mortgage Rates 10-11-13
Will interest rates rise Monday? Mortgage experts predict a minimal rise, but mostly stable market rates on Monday, according to our live poll. The stalemate continues as House Republicans and Democrats negotiate an adjustment to next year’s fiscal budget. Stocks...

Mortgage Rates 10-14-13
What will interest rates do tomorrow? The mortgage market will improve slightly, remaining fairly stable, according to mortgage professionals voting on our live poll. Invaluable data has been withheld from investors for two weeks, paralyzing market movement....

Mortgage Rates 10-15-13
What will interest rates do tomorrow? Mortgage professionals predict stability in market rates tomorrow, according to our live poll. Today however, interest rates peaked as fear of the US default and subsequent repercussions are near. Investors accross the globe...

Mortgage Rates 10-16-13
What will interest rates do tomorrow? Mortgage professionals predict a slight increase in market rates, according to our live poll. The word in Washington is that the government has reached a compromise on the temporary debt ceiling increase. The government shutdown...

Mortgage Rates 10-17-13
Will interest rates go up tomorrow? Market rates are likely to decrease tomorrow as they have done today. Washington will reopen the government and the debt ceiling has been temporarily increased. Compromise on next year’s fiscal budget must be final by January to...

Mortgage Rates 10-18-13
Will interest rates go up tomorrow? Mortgage professionals believe rates will rise slightly, remaining fairly stable on Monday, according to our live poll. Tuesday will present investors with the Employment Situation Report, until then movement should resist...

Mortgage Rates 10-21-13
Will interest rates go up tomorrow? Mortgage professionals believe mortgage rates will rise tomorrow, according to our live poll. All sights are set on tomorrow’s Employment Situation Report, which has been absent since the shutdown began. This vital piece of...

Mortgage Rates 10-22-13
What will interest rates do tomorrow? Mortgage rates are likely to decrease, according to mortgage pros voting on our live poll. The Employment Situation Report illustrated weaker than expected job creation, indicating economic instability for September. The...

Mortgage Rates 10-23-13
What will interest rates do tomorrow? Mortgage professionals believe market rates will decrease slightly, remaining moderately stable, according to our live poll. The market improved yesterday due to weak Non-Farm Payroll data and there is no reports to be...

Mortgage Rates 10-24-13
What will interest rates do tomorrow? Market rates are predicted to remain fairly stable, according to mortgage professionals voting our live poll. Market rates dropped to 4 month lows yesterday in response to weak data provided by the Non-Farm Payroll and the...

Mortgage rates 10-28-13
What will interest rates do tomorrow? Mortgage experts predict lower to stable rates tomorrow, according to our live poll. Today the market finished flat with very little movement. Tomorrows economic data may invite fluctuation in interest rates due to speculation...

Mortgage Rates 10-29-13
What will interest rates do tomorrow? Mortgage experts predict fairly stable rates tomorrow, according to our live poll. Today’s release of economic data was not significant enough to drive the bond market in either direction. However, the market remains...

Mortgage Rates 10-30-13
Will interest rates go up tomorrow? Mortgage experts predict fairly stable rates tomorrow, according to our live poll. The mortgage market resisted movement yesterday after the release of moderately weak economic data. However, the market remains volatile this...

Mortgage Rates 10-31-13
Will interest rates go up tomorrow? Market rates should resist change tomorrow, according to mortgage professionals voting on our live poll. Investors were not moved by the data provided by our Jobless Claims and Regional Manufacturing report, so it is likely the...

Mortgage Rates 11-01-13
Will interest rates go up tomorrow? Market rates are predicted to remain stable or decrease slightly, according to mortgage professionals voting on our live poll. The mortgage market has moved sideways, resisting change, all week until yesterday. Interest rates...

Mortgage Rates 11-04-13
What will interest rates do tomorrow? Mortgage experts predict a decline in market rates, according to our live poll. Market rates peaked on Friday in response to “better than expected” results in the Chicago ISM Report, however this week’s seven new...

Mortgage Rates 11-05-13
What will interest rates do tomorrow? Mortgage experts predict a decline in market rates, according to our live poll. With stocks declining and the 10-Year Treasury Bond increasing by 2.46% towards 2.66, we can imply that market rates will improve today. Thursday begins...

Mortgage Rates 11-06-13
Will interest rates go up tomorrow? Market rates should resist change tomorrow, according to our live poll. There is no economic data to be released today that would create a significant movement in the mortgage market. Market rates rose yesterday in response to the...

Mortgage Rates 11-07-13
Will interest rates go up tomorrow? Market rates may increase slightly, remaining fairly stable, according to mortgage professionals voting our live poll. Interest rates ended unchanged today as we have received the first reading of our 3rd quarter GDP,...

Mortgage Rates 11-08-13
What will interest rates do Monday? Market rates are likely to increase in response to better-than-expected data from the October Jobs Report. Wall Street is thriving today, both in stocks and bonds, but be weary of higher interest rates, as investors fear the Feds...

Mortgage Rates 11-11-13
What will mortgage rates do tomorrow? Interest rates should resist change tomorrow, according to mortgage professionals voting on our live poll. This week is set to release three economic reports, however they are not predicted to make significant changes in the mortgage...

Mortgage Rates 11-13-13
Will interest rates go up tomorrow? Market rates are predicted to go down tomorrow by mortgage professionals voting on our live poll. Wall Street will receive three anticipated reports tomorrow, which includes the Initial Jobless Claims, September Goods and...

Mortgage Rates 11-14-13
What will interest rates do tomorrow? Industry professionals are confident that the mortgage market will improve slightly, while holding mostly stable, according to our live poll. Janet Yellen will be voted in by senate today, confirming her seat as Chairman of the Federal...

Mortgage Rates 11-15-13
What will interest rates do Monday? Industry professionals predict unchanged levels in market rates on Monday, according to our live poll. The mortgage market improved yesterday in response to Janet Yellen’s confirmation as Chair of the Fed. She has implied...

Mortgage Rates 11-18-13
What will interest rates do tomorrow? Market rates are predicted to rise tomorrow, according to mortgage professionals voting on our live poll. Tomorrow’s economic report will give insight as to the rate of inflation and rise in employee salaries nationwide....

Mortgage Rates 11-19-13
What will interest rates do tomorrow? Market rates are predicted to decrease tomorrow, according to mortgage professionals voting on our live poll. Speculation of today’s data drove rates down yesterday and weaker-than-expected economic data is believed...

Mortgage Rates 11-20-13
What will interest rates do tomorrow? Mortgage professionals believe market rates will remain stable tomorrow, according to our live poll. Today’s economic data did not provide a significant difference from predicted levels. Investors will turn their focus...

Mortgage Rates 11-21-13
What will interest rates do tomorrow? The mortgage market will likely improve with a decline in interest rates tomorrow, according to mortgage professionals voting on our live poll. Economic data drove rates up significantly yesterday, but today the focus is on the...

Construction Loan Process
Considering building a house? Read to find out the construction to permanent financing process. . Note that if you have found a piece of land or lot that is ideal but are not ready to break ground, a lot loan may be the best option for you. . Often, the current...

Mortgage Rates 11-22-13
What will interest rates do Monday? Market rates should resist change on Monday, according to mortgage professionals voting on our live poll. The market remained stable yesterday in response to economic data that matched expectations. Speculation of tapering is...

Mortgage Rates 11-25-13
Will mortgage rates go up tomorrow?  Mortgage professionals predict moderately higher to stable rates tomorrow, according to our live poll. However, it is difficult to be sure, as there is a wealth of economic data scheduled for release tomorrow and Wednesday....

Mortgage Rates 11-26-13
Will mortgage rates go down tomorrow?  The mortgage market is predicted to improve with lower rates tomorrow, according to industry professionals voting on our live poll. However, it is difficult to be sure, as there is a wealth of economic data scheduled for...

Commercial Construction Loans
Commercial properties are readily available for purchase. However, it is most efficient and effective for some businesses to construct their building from the ground up. In this circumstance, it is important for the owner to finance the construction and finished building...

Small Business Commercial Loans
Commercial loans for purchase or construction of real estate are available as a CDC/504 Loan funded by the Small Business Administration’s “Investment Company Program.” . The SBA’s Investment Company Program is an alliance of investors...

Mortgage Rates 11-27-13
What will mortgage rates do tomorrow? The mortgage market will be closed tomorrow for our Thanksgiving holiday. The market will be open half-day on Friday. Today, there were 4 economic reports released and the data did not vary significantly from forecasts. Interest rates are...

Mortgage Rates 12-2-13
Will mortgage rates go down tomorrow?  Industry professional predict moderately stable to lower rates tomorrow, according to our live poll. However, mortgage rates will be volatile with intra-day movement due to the wealth of scheduled economic data....

Mortgage Rates 12-3-13
What will interest rates do tomorrow? Industry professional predict moderately stable to lower rates tomorrow, according to our live poll. However, mortgage rates will be volatile with intra-day movement due to this week’s wealth of scheduled economic data....

Mortgage Rates 12-4-13
What will interest rates do tomorrow? Mortgage rates are predicted to remain near stable levels, according to industry professionals voting on our live poll. However, there will be a fluctuation in rates throughout the day as investors begin to speculate about the...

Mortgage Rates 12-5-13
What will interest rates do tomorrow? Mortgage rates are predicted to rise in response to positive economic data. This week has provided an array of data that supports economic growth, which has weakened the bond market. Expect a fluctuation in market rates, as there are more...

Mortgage Rates 12-6-13
Will mortgage rates go up tomorrow? Mortgage rates are predicted to rise slightly, remaining fairly stable in response to today’s positive economic data. The November Jobs Report presented better-than-expected results, leading investors to speculate on the Feds...

Mortgage Rates 12-9-13
What will mortgage rates do tomorrow? Interest rates are predicted to resist change tomorrow, according to mortgage professionals voting on our live poll. There is limited economic data scheduled to move bond markets this week. Last week’s surplus of positive...

Mortgage Rates 12-10-13
What will interest rates do tomorrow? Interest rates are predicted to rise slightly, remaining fairly stable, according to mortgage professionals voting on our live poll. There is limited economic data scheduled to move mortgage-backed securities this week. The...

Mortgage Rates 12-11-13
Will mortgage rates go up tomorrow? According to mortgage professionals voting on our live poll, interest rates are likely to rise tomorrow. Politicians in Washington reached a 2-year budget deal that will prevent a potential government shutdown. This is good news for...

Mortgage Rates 12-12-13
Will mortgage rates go up tomorrow? According to mortgage professionals voting on our live poll, interest rates are likely to rise tomorrow. A compromise was reached this week regarding the 2014 fiscal budget. This will reassure investors that the economy will financially...

Mortgage Rates 12-13-13
What will mortgage rates do Monday? According to mortgage professionals voting on our live poll, interest rates are likely to decline on Monday. No economic data is scheduled for release today and the next big event on the calendar is the Feds meeting on Monetary Policy....

Mortgage Rates 12-16-13
Will interest rates go down tomorrow? Mortgage rates should remain stable until the Feds Monetary Policy Statement on Wednesday, according to mortgage professionals voting on our live poll. Investors are hesitant to make a move until the Feds intentions to taper are...

Mortgage Rates 12-17-13
Will interest rates go down tomorrow? It is difficult to be sure, as the direction of mortgage rates are directly correlated to the Feds Monetary Policy Statement tomorrow. However, mortgage professionals voting on our live poll are confident the Fed will...

Mortgage Rates 12-18-13
What will mortgage rates do tomorrow? According to mortgage professionals voting on our live poll, interest rates are predicted to go down tomorrow in response to the Feds announcement on monetary policy. However, financial experts and many mortgage pros are in...

Mortgage Rates 12-19-13
What will mortgage rates do tomorrow? According to mortgage professionals voting on our live poll, interest rates are predicted to rise tomorrow. The Federal Reserve delivered negative news for the mortgage market, announcing a $10 billion trim to the bond purchase...

Mortgage Rates 12-20-13
Will mortgage interest rates go up tomorrow? According to mortgage professionals voting on our live poll, interest rates are rising and will continue to do so in response to Federal tapering. As the government trims its stimulus program, the banks will become less...

Mortgage Rates 12-23-13
What will interest rates do tomorrow? Mortgage rates are predicted to be fairly stable to slightly higher, according to mortgage professionals voting on our live poll. As the government tapers off the bond stimulus program, banks will become less profitable and more...

Mortgage Rates 12-24-13
What will interest rates do tomorrow? Well, tomorrow is Christmas Day and bond markets are closed. Mortgage rates will close early today at 2pm ET and rates will remain at today’s best execution levels. This has been a light week in regards to economic data and mortgage...

Mortgage Rates 12-27-13
What will interest rates do Monday? Mortgage professionals predict no change in mortgage rates on Monday, according to our live poll. As it is a holiday week and the end of 2013, there is limited economic data scheduled for release and investors remain hesitant to make a move....

Mortgage Rates 12-30-13
Will mortgage rates go up tomorrow? Industry experts voting on our live poll predict no change in interest rates tomorrow. The mortgage market will typically experience very little movement during Christmas and the New Year. However, market rates will remain volatile as the...

Mortgage Rates 12-31-13
What will mortgage rates do tomorrow? Coming into the New Year tomorrow, mortgage rates will remain at today’s best execution levels as stock and bond markets are closed. Today’s Consumer Confidence Report provided positive data, driving MBS prices lower,...

Mortgage Rates 01-03-14
Will mortgage rates go up Monday? According to mortgage professionals voting on our daily poll, interest rates are likely to rise Monday in response to today's Federal Reserve speakers. The mortgage market did not experience significant change during the holidays,...

Mortgage Rates 1-6-14
What will mortgage rates do tomorrow? The mortgage market should resist change in interest rates tomorrow, according to mortgage professionals voting on our daily poll. However, this week will provide a few market moving economic reports. Wednesday's FOMC...