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

Bargains For Home Buyers Throughout The US

Jul 4, 2008 Author: MortgageGuru | Filed under: Mortgage News

What a perfect time to look at what a savvy entrepreneur can do for his or her financial future. Whether you’re in the US celebrating July 4th or in Canada and just finished celebrating July 1st. What better time to embrace what our countries are about and buy into the very affordable real estate market […]

Foreclosures Result In Rise In Arsons

Jul 4, 2008 Author: MortgageGuru | Filed under: Foreclosure News

Insurance officials are worried that a trend is developing between foreclosures and a spike in arsons. Individuals are walking away from houses where the mortgages are in default and then suddenly some of these houses are burning to the ground.
The Edmonton Journal reported that just recently a beautiful old Victorian home in Bedford Massachusetts […]

Mortgage Applications Are On The Rise

Jul 3, 2008 Author: MortgageGuru | Filed under: Mortgage News

According to Business Week mortgage applications are actually on the rise, a pleasant surprise from the trend that’s been occurring and the predicted numbers.
Refinancing increased by 4.7% while purchase volumes were up by 2.8%. What does this mean to you and should you even care? And should you start to feel warm and fuzzy […]

Dial A Mortgage – Is It For You?

Jul 2, 2008 Author: MortgageGuru | Filed under: Mortgage News

According to Newsweek mortgage shopping has just taken a new twist. There’s a lot of things you can dial up but I’ll bet mortgages aren’t what comes to your mind. Well now you can add it to the list of things you can dial up.
Most will agree that shopping for a mortgage is a horrible […]

Foreclosure Bargains To Be Found For Savvy Shoppers

Jul 1, 2008 Author: MortgageGuru | Filed under: Foreclosure News

For anyone that’s got a few extra dollars kicking around and who recognizes real estate for what it is – a cyclical investment that when bought and sold at the right times can be an excellent source of profitable cash flow.
There’s no question that there’s plenty of folks that have been devastated by their home […]

Mortgage Rates Drift Up This Week – What’s It Mean?

Jun 28, 2008 Author: MortgageGuru | Filed under: Mortgage News

According to the Wall Street Journal mortgage rates drifted up this week affecting those with adjustable rate mortgages the most since these had the biggest increase. Fixed rate mortgages also increased slightly.
The 30 year fixed rate mortgage is averaging around 6.45% up slightly from last week at 6.42%. A year ago the 30 year average […]

Seattle Residential and Commercial Real Estate A Buy

Jun 27, 2008 Author: MortgageGuru | Filed under: Mortgage News

We hear a lot about the housing market in Seattle but did you know that commercial real estate has also seen a slump? According to the Seattle Times  there will be more than 2 million square feet of new office space coming available in the downtown core by next year. That’s going to impact commercial property significantly.
Right […]

Is Condo Ownership The Answer?

Jun 26, 2008 Author: MortgageGuru | Filed under: Mortgage News

Is Condo Ownership The Answer?
Pricing houses go up and then just as quickly they seem to go into a tailspin, then we see slight improvement, and the next thing we know the house you purchased is worth less than you paid. It’s enough to give you cold feet about buying anything. So what’s the answer?
Well […]

UK Mortgage Rates Up US Rates Down – The Irony

Jun 25, 2008 Author: MortgageGuru | Filed under: Mortgage News

According to the Telegraph  fixed rate mortgages in the UK have reached a 10 year high with the average mortgage rate running at 7%. When the global crisis hit UK rates were hovering around 5%. That’s a 2% increase.
In the US it’s quite another picture with the Federal Reserve holding steady at 2%. After all […]

Mortgage Crime Wave – What Does It Mean To You?

Jun 24, 2008 Author: MortgageGuru | Filed under: Mortgage News

Mortgage Crime Wave – What Does It Mean To You?
According to Alternet the FBI are arresting numerous criminals who have been involved in mortgage crime. Now you might think these are fly by night back yard mortgage lenders but you’d be wrong. It seems those being arrested for bulking investors out of not millions but […]