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The housing crash of 2007 and 2008 financial crisis impacted the world of mortgage lending in a substantial and profound manner. In the early years after the national economic downturn, banks reeled from insufferable losses. Hundreds of millions of dollars were lost in defaulted small business loans, private student loans,… Read More

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There’s little doubt, if you’re a homeowner you’ve watched interest rates fall to historic lows. Now, those rates are slowly beginning to rise. The Federal Reserve continues to signal it will end its current position, backing off its quantitative easing initiative. Of course, that will necessarily cause interest rates to… Read More

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Having a home loan application rejected is a disappointing situation, but it’s not the final answer. That’s because the lending industry is a highly competitive one and because their are so many institutions trying to expand their books of business, it’s not unusual for an applicant or co-applicants to… Read More

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For those considering a home purchase, now is a very strategic time to act. The Federal Reserve is easing off its quantitative easing program, which is causing interest rates to rise. In addition, the price of consumer goods is rising but the dollar is weakening. Home values are also on… Read More