Home Mortgage News, Rates and Advice:
Homeowners Compare Mortgage Refinance Rates and Increase Number of Refinance Applications
Posted on Thu, 09/02/2010 - 10:06
As in recent weeks, homeowners this past week continued to compare mortgage refinance rates in an effort to reduce mortgage payments and improve the outlook for home budgets. For the week ending August 27, the Mortgage Bankers Association reported an increase in refinanced applications of 2.8%, bringing total refinancing applications to a level not seen in over a year.
New York Mortgage Lenders Having a Good Summer
Posted on Wed, 09/01/2010 - 09:41 
For New York mortgage lenders, the summer of 2010 has been a relatively good experience. The real estate market in New York, especially around New York City, has performed at levels other areas of the country would find enviable.
Should I Refinance with a Fifteen Year Mortgage?
Posted on Tue, 08/31/2010 - 06:53
If you are asking yourself “should I refinance my mortgage”, it is only natural you would consider going with a shorter tem on that mortgage refinance. In some cases, this may be a wise move. At other times, refinancing for a shorter period could lead to situations that would cause significant problems in the future.
Delinquencies on Michigan Mortgage Loans Significantly Decrease in Second Quarter
Posted on Fri, 08/27/2010 - 14:52
On the subject of Michigan mortgage loans, there is both good news and bad news regarding delinquencies of for the second quarter. New figures released by the
Mortgage Bankers Association indicate that the number of mortgages with late payments of ninety days or more has decreased drastically compared to first quarter figures.
Defaults On Colorado Mortgage Loans Lower Than National Average
Posted on Fri, 08/27/2010 - 05:12
Colorado mortgage loans are doing well, according to information released by the Mortgage Bankers Association. While some states are beginning to experience a slight increase in mortgage defaults, Colorado is bucking the trend and remaining below the national average.
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I answered a couple of questions and the helpful person who called helped me understand my different options for refinancing. I was able to save tons of money and got a better loan. It was quick and easy and best of all, painless. I definitely recommend HomeMortgage.com to get a better rate! -- Carl W. in San Diego, CA