Mortgage Guide 101 Blog

With the news full of stories about the dangers and impending doom of global warming, it's good to see American politicians taking notice. As usual, California is out in front with a new law that could make green mainstream. What kind of green am I Read More...

Where were you in '93? Bill Clinton was just coming into office. Unemployment was high. A van bomb had exploded under the World Trade Center. I was living in my first home -- a condominium -- and it's price was starting to fall... And that's what's Read More...

Well, with interest rates a bit lower, it seems that Americans are taking advantage of that. According to Realty Times, homeowners have applied to refinance this week at a rate that hasn't been seen since February 2005. If you can clear off high priced Read More...

Just when it seemed that the housing market was cooling all over, I read an article from the Oregonian that says that the prices in Portland are on the way up! Can you believe it? As recently as June of this year, the area's median home price had climbed Read More...

According to a November 10th article on Realty Times, the market correction in housing is real. The Urban Land Institute assembled a group of panelists that believe the housing market will continue to correct itself through 2007. The condo market will Read More...

These are the dangerous but enticing new offerings that you may have heard of. They are the dream of lenders, who get more people into houses and more loans on their books. They are the nightmare of borrowers who get caught in a financial bind and can't Read More...