I live just north of Houston in a place called The Woodlands. It is probably the best place to live in Texas although Sugarland is often referred to as the best place. The reason that The Woodlands is left off is that it is not a city yet. it has 85,000 people […]

Have you been watching the current mortgage rates? The rates have dropped and if you are in need of a lower payment than it may be time to start talking to a mortgage professional. Check the links on the side for great mortgage rates.
Current Mortgage Rates
30 yr fixed mortgage
5.79%
5.89%
15 yr fixed mortgage
5.35%
5.45%
5/1 ARM
5.51%
5.49%
30 […]

Earlier I touched on Adjustable Rate Mortages (ARM). Now I want to jump into the fixed rate mortgages.
They say it is time to refinance when your rate is 1 percentage point higher than what you can get on a new loan. So with loan rates dipping below 6% and possibly going lower towards […]

The Mortgage loan industry continues to be tricky. Mortgage rates have begun to trickle downwards over the past few weeks. They are now settling down to early summer / late spring mortgage rate levels.
People are looking to refinance especially those in the middle of a Adjustable Rate Mortage (ARM) mess. Is it […]

Do you make money of mortgages? Are you a mortgage affiliate? If so the mortgage crunch is going to hit you hard. Today E-Loan completely removed their affiliate program. Not a reduced rate, but DONE. OUCH!
Here is what the E-Loan affiliate said:
In order to stay ahead of the current mortgage […]

Do you think there will be an interest rate cut today or will the Fed keep them the same? I am leaning towards a rate cut and the market will bounce quite nicely. I give it a 60% chance of a 1/4% rate cut and a 40 % chance of a 1/2% rate […]