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Mortgage Insights

Home Mortgage Consultant Mike Duggan blogs on mortgages.

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Url:http://mortgageinsights.todayinmortgage.com/
Author(s):Mike Duggan
Language:English
Tags:mortgages, housing, real estate
Description:Useful mortgage information daily for buyers, sellers and all real estate professionals.
Ratings (1 Ratings)
Popularity:34 Followers

Blog Feed

Housing Starts Jump; Home Sellers Lament.
Housing Starts jumped last month as builders got back to business. It's a telling sign for the economy, but bad news for next season's sellers. With more homes coming online, home prices may be sl...more
2009-12-18
A Simple Explanation Of The Federal Reserve Statement (December 16, 2009 Edition)
The Federal Open Market Committee voted to leave the Fed Funds Rate within its target range of 0.000-0.250 percent. In its press release, the FOMC noted that the U.S. economy "has continued to pick...more
2009-12-16
Fannie Mae Gets Tough(er) On Borrowers. Again.
Fannie Mae raised the bar for mortgage applicants this past weekend. Getting approved for a home loan just got harder. In its official announcement, Fannie Mae says the updates minimize long-term ...more
2009-12-16
The Federal Reserve's Relationship To Mortgage Rates
The Federal Open Market Committee meets today for the last time in 2009. It's a 2-day meeting and the Fed is expected to leave the Fed Funds Rate near 0.000 percent.But that doesn't mean mortgage ...more
2009-12-15
What's Ahead For Mortgage Rates This Week : December 14, 2009
Mortgage markets worsened for a second consecutive week last week amid debt default concerns and stronger-than-expected economic data. Dollars left the bond market and mortgage rates suffered.After...more
2009-12-14
Strong Retail Sales Data Could Lead To Higher Mortgage Rates In January
If you wonder what mortgage rates and home affordability will look like next year, today's Retail Sales data may hold your answer.Versus October, November's ex-auto sales were up by more than 1 per...more
2009-12-11
Foreclosure Activity Falls For The 4th Straight Month
Since peaking in July 2009, national foreclosure activity has dropped through 4 consecutive months. On a month-to-month basis, November's foreclosure activity fell another 8 percent. However, nati...more
2009-12-10
How To Trim Your Utility Bills Without Inconveniencing Yourself
The average family spends $2,200 per year in electric bills and the average home is responsible for twice the amount of greenhouse gases than the average automobile.Whether you want to save money o...more
2009-12-09
How To Increase Your 2009 Mortgage Interest Tax Deduction
For many American homeowners, interest paid on a mortgage is tax-deductible in the year in which it was paid.Knowing that, eligible homeowners can increase their 2009 tax deductions just by making ...more
2009-12-08
What's Ahead For Mortgage Rates This Week : December 7, 2009
Mortgage markets finally reversed course last week, selling off with fury and causing prices to plummet. When bonds prices fall, rates rise.The action broke a multi-week winning streak, much to th...more
2009-12-07

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