Matthew's Mortgage Education Blog

Here are the daily thoughts on floating or locking if you are asked by your clients.  As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.Friday saw a nice drop in interest rates due to continued tension in Pakistan.  Today i...

January, February and March are just around the corner.  Did you perchance either purchase a home or refinance within the past 2, 3 or 5 years?  When you made this particular move, did you get an Adjustable Rate Mortgage?How can you tell?  Look through the documents that were given to you at sign...

Here are the daily thoughts on floating or locking if you are asked by your clients.  As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.The Chicago PMI or Business Barometer is expeted out later this morning.  This is the r...

Here are the daily thoughts on floating or locking if you are asked by your clients.  As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.While consumer confidence comes out later this morning, Jobless Claims came in just abo...

Here are the daily thoughts on floating or locking if you are asked by your clients.  As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.Slow news day as traders will analyze the various Christmas shopping reports to determi...

I was needing my back adjusted a few days ago and went in for an open appointment my wife had.Dr. Lindsell of Columbia, MD has been our chiropractor for quite a few years shared a rather neat Christas tradition.  He and his family usually host the Christmas get together.  About 5 years ago his br...

Here are the daily thoughts on floating or locking if you are asked by your clients.  As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.Slow news day and abbreviated trading day for stocks and bonds.  Technically speaking -...

Are you aware that Fannie Mae and Freddie Mac guidelines are changing in the New Year for homes in declining markets?These guidelines are being put into place to protect banks from becoming overexposed in these markets as well as protecting consumers from being overextended.  If a home has been i...

It appears the Federal Reserve is really worried about another recession looming on the horizon.  The Fed just announced plans to lend $20 Billionto banks at just under the rate of what the Fed lends to intuitions on overnight loans.  This combined with what the European Central Bank has been doi...

Daily Real Estate News   December 21, 2007           President Signs Mortgage Tax Relief Bill Into LawPresident George W. Bush signed legislation into law on Thursday that will ease the tax burden for home owners who have had debt forgiven on a mortgage due to a foreclosure, short sale, or deed i...