by Rick Tobin | Oct 23, 2013 | Miscellaneous
Many homeowners find out their existing mortgage is listed as “inactive.” An inactive status can refer to the transfer of their mortgage to another loan servicer, or to a few other factors as noted below. The difference between having an inactive or an...
by Rick Tobin | Sep 17, 2013 | Miscellaneous
Our financial markets and country have changed over the past five years (September 2008 – September 2013). But the true magnitude of the financial chaos became apparent to most Americans in September 2008. Beginning in mid-September 2008, Lehman Brothers, Bear...
by Rick Tobin | Aug 6, 2013 | Miscellaneous
In spite of a tough job market, rising consumer goods prices, challenging mortgage loan underwriting guidelines, and numerous trillion dollar bailouts, home prices have been improving quite well across the nation. What happens if and when mortgage loan underwriting...
by Rick Tobin | Jul 16, 2013 | Miscellaneous
Mortgage interest rates are moving higher in spite of a sluggish U.S. economy. The 30-year fixed rate recently increased the most in one week since mid-April 1987. Freddie Mac reported that the average national Fixed Rate Mortgage (FRM) reached near 4.5% as compared...
by Rick Tobin | Jun 19, 2013 | Commercial Real Estate, Real Estate Investing Strategies
From 2012 to 2013, residential home prices have continued to increase in value due to a combination of record low mortgage interest rates, very low home listing inventory levels, and an increased demand from individual buyers and large investment group buyers....
