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Wednesday, March 09, 2011 6:58 AM

FHA Announces Increase to Annual Mortgage Insurance Premium

From a recent announcement by the Cincinnati Area Board of Realtors we get some confirmation that loans are going to start costing more money. It's a big increase when you see what it does to your monthly payments From CABR: HUD Mortgagee Letter 11-10
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Friday, October 29, 2010 7:05 AM

Why did I have to Pay for My FREE Credit Report?

I was listening to the Today Show, on NBC, this morning and I overheard a conversation about how low the mortgage rates are and what banks are requiring to obtain those low rates. It's true, rates are historically low...we're talking biblical
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Thursday, February 11, 2010 10:58 AM

Why foreclosure is more Profitable for banks than a Loan Modification

This is perhaps one of the best posts on banks and why they sometimes behave the way they do. Why sometimes, it can be far more profitable for a bank to foreclose, rather than complete a loan modification. I wouldn't normally link back - but this
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