• Rising monthly payments and payment shock. It is risky to focus only on your ability to make I-O or minimum payments, because you will eventually […]
A payment-option ARM is an adjustable-rate mortgage that allows you to choose among several payment options each month. The options typically include a traditional payment of […]
Traditional mortgages require that each month you pay back some of the money you borrowed (the principal) plus the interest on that money. The principal you […]
Over the last several years, our nation has made enormous progress in expanding access to capital for previously under served borrowers. Despite this progress, however, too […]
Effective July 21, 2011, the Real Estate Settlement Procedures Act (RESPA) will be administered and enforced by the Consumer Financial Protection Bureau (CFPB). If you are a […]
With interest rates still near historical lows, it may be tempting to refinance to a lower rate. Here are five questions you should ask yourself before […]
Technology continues to transform the real estate industry in profound ways, from marketing and communications to the distribution of news and outreach to prospective clients. Realtors […]