Mortgage Blog

Mortgage Advice, Homebuying Tips & Market Updates

Repayment of a Reverse Mortgage

Repayment of a Reverse Mortgage

Question:  "What happens to my house and my loan when I move out or die?" Repayment of a reverse mortgage loan will vary with the circumstances at the time of repayment.  Most situations will fall into one of the following general cat

Jul 13, 2012 |

30 & 15 Year Mortgage Rates Reach Record Lows

30 & 15 Year Mortgage Rates Reach Record Lows

According to Freddie Mac's Weekly Primary Mortgage Market Survey, the average on the 30-year loan rate remained at 3.56%*.  That is unchanged from the previous week, and still the lowest weekly average since long-term mortgages began in the 1950's. &

Jul 12, 2012 |

Mortgage News Daily: Mortgage Rates Continue Trickling Lower To New All Time Lows

Mortgage News Daily: Mortgage Rates Continue Trickling Lower To New All Time Lows

Mortgage Rates continued lower today, marking the third consecutive day at new all-time lows.  Broader Bond Markets continued to benefit from a generally skeptical and negative outlook on the European debt crisis.  That skepticism help

Jul 11, 2012 |

Virginia Remains a Top State For Business in 2012

Virginia Remains a Top State For Business in 2012

Virginia was once again ranked as one of the top five states for business in the recently released rankings from CNBC's "America's Top States For Business".  Virginia had been ranked the No. 1 state for business three of the first f

Jul 10, 2012 |

Positive outlook for 2012's housing market

Positive outlook for 2012's housing market

A look at stories across HousingWire's weekend desk.  "The weekend was full of speculation as to the future of the housing market. Optimism was the mood of choice, with all signs pointing to a way out of this long-suffered slump."  By

Jul 09, 2012 |

30 & 15 Year Mortgage Rates Continue to Reach Record Lows

30 & 15 Year Mortgage Rates Continue to Reach Record Lows

According to Freddie Mac's Weekly Primary Mortgage Market Survey the average on the 30-year loan rate reached a record low of 3.62%*.  The lowest weekly average since long-term mortgages began in the 1950's.   The weekly average rate on the 15-y

Jul 05, 2012 |

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