A Consumer Blog About Free Mortgage Quotes, Debt Consolidation, Refinance, and More.

Want The Best Mortgage Rate? Improve Your Credit Score

Jul 22, 2008 Author: MortgageGuru | Filed under: Mortgage News

According to
US Today there’s a lot you can do to get the best mortgage rate out there. As a home buyer you need to do some housework and get things cleaned up at least when it comes to your credit score.
When you apply for your mortgage the lending institute reviews your FICO score […]

Mortgage Quote Applications Race And Gender Neutral

Jul 19, 2008 Author: MortgageGuru | Filed under: Mortgage News

It may have been a long time coming but eventually the market saw mortgage applications become race and gender neutral. That meant it didn’t matter who you were, when it came to a mortgage you would qualify on the weight of your own merit relating to income and credit score.
In fact, such an achievement was […]

Managing Your Debt And Qualifying For Mortgage Quotes

Jul 19, 2008 Author: MortgageGuru | Filed under: Debt Consolidation Loans

Debt consolidation is an excellent option when it comes to managing debt. These days many of us find ourselves overwhelmed with the amount of debt we’ve accumulated. And if we’re ready to enter the housing market that debt could hold us back.
According to Best Syndication we are a society that is driven by products and […]

New President Equals Improved Real Estate Market

Jul 17, 2008 Author: MortgageGuru | Filed under: Mortgage News

According to
Fox Business almost 44% of all home buyers believe that with a new president will come an improved real estate market. Many believe that a change in government is going to signal a change in the real estate market that’s been barely staying afloat in the past few years.
A recent survey […]

New Mortgage Help

Jul 16, 2008 Author: MortgageGuru | Filed under: Mortgage News

According to
Forbes.com congress has been busy making sure that the future never has the opportunity to reek such havoc on the housing market ever again in the future.
Paulson was busy convincing congress why the Fannie/Freddie rescue package needed to be passed. At the same time bank regulators wer busy acting on creating long […]

How Will New US Mortage Insurance Requirement Affect The Market

Jul 15, 2008 Author: MortgageGuru | Filed under: Mortgage News

According to the Wall Street Journal mortgage insurers are busy tightening their belts and their standards when it comes to mortgage insurance, making it that much more difficult for potential home buyers.
It seems potential home owners are feeling the squeeze both by mortgage companies and mortgage insurers. It appears gone are the days where just […]

What’s The Lesson To Be Learned From All These Foreclosures?

Jul 12, 2008 Author: MortgageGuru | Filed under: Foreclosure News

According to the
Nashville Business Journal saw foreclosures drop 3% in June 2008 which is a bit of an improvement but don’t get too excited because foreclosures are actually up 53% from last June. So in just 12 months there has been a huge increase in foreclosures.
South Dakota, North Dakota, and West Virginia […]

Two Weeks Running Mortgage Rates Fall

Jul 11, 2008 Author: MortgageGuru | Filed under: Mortgage News

According to Fox Business this is the second week running where mortgage rates have fallen with the average 30 year mortgage sitting 6.48% and a 15 year mortgage sitting at 6.01%.
The 30 year fixed rate was sitting at 6.53% so you can see why this might be enticing if you were in the market […]

Canadian Government Changes Mortgage Rules

Jul 10, 2008 Author: MortgageGuru | Filed under: Mortgage News

Today the Canadian Government made changes to the mortgage rules affecting Canada in an effort to avoid the same meltdown that the US has seen.
So what changes do Canadian mortgage seekers now face? Well according to the
Vancouver Sun, the federal government will no longer be guaranteeing 40 year mortgage or zero down mortgages. […]

Tie Debt Consolidation To Your Mortgage

Jul 9, 2008 Author: MortgageGuru | Filed under: Debt Consolidation Loans

According to
Maui Weekly one option to bring down your monthly payments is to tie debt consolidation to your mortgage. Credit card debt and other debt can cause you stress from month to month and as you see little gain occurring you begin to wonder what options are available to you.
If you roll your […]