Helpful Information on Mortgage


MBS Trending July 15, 2014

Unexpected events outside the US had the greatest influence on mortgage rates this week Violence in the Middle East and economic concerns about Europe caused investors to shift to safer assets helping mortgage rates Bond friendly comments from the Fed added to the improvement and mortgage rates ended the week...

Mortgage Acronyms December 30, 2011

There are a lot of acronyms associated with the mortgage industry Here is a quick guide to help you make sense of them LTV Loan To Value DTI Debt To Income PITI Principal Interest Tax Insurance PMI Private Mortgage Insurance ARM Adjustable Rate Mortgage REO Real Estate Owned DU Desktop...

Mortgage Red flags December 30, 2011

When applying for a loan there are some red flags which you should avoid at all possible cost When the lender sees these signs it will make them nervous and might even disqualify you from the loan 1 Low Credit score A Low credit score will not only increase your...

Mortgage Surprises December 30, 2011

For one new to mortgages there will be many questions and things that the borrower is surprised that the lender asks for Here are some of the most common surprises the borrowers run into 1 Bring in money for a no point no fee loan It s a no point...

Pay off Mortgage Earlier May 23, 2014

1 Find out what your mortgage interest rate is It should be on your mortgage statement If your rate is higher than the market rate the easiest way is re-finance your current mortgage Brighten Lending offer many different programs to fit your need 2 Compare your mortgage interest rate with...

California Mortgage Rates