Mortgage Broker MN

Just in case you were worried the week ahead wouldn't hold enough action and excitement, this week sizzles with economic news events. The calendar holds Retail Sales on Monday; the Producer Price Index, measuring wholesale inflation on Tuesday; the Consumer Price Index, measuring consumer inflati...

National City Mortgage, Aegis Mortgage and American Home Mortgage are the latest names in the mortgage industry that have closed down their doors to new mortgage applications.  This proves that even mortgage lenders who do not specialize in sub-prime mortgages are in trouble and that the worst ho...

Whew...after a busy week of expected and unexpected news last week, the economic report calendar becomes very tame this coming week, only populated with a handful of low-level reports. In fact, the week's only major event takes place on Tuesday with the release of the Fed's latest interest rate d...

Every day you read another horror story about the subprime collapse. Most of the stories focus on the negative impact Adjustable Rate Mortgages (ARMs) will have on subprime borrowers once their interest rates reset. But what's often unreported in these news pieces is the fact that the risk extend...

Minneapolis, MN  - On Monday July 30th the Minnesota Mortgage Association held it's monthly meeting to discuss how the new mortgage laws passed in Minnesota will affect how mortgage companies within the state operate.  The panel of speakers included, but not limited to, Wade Abed of Northwest Mor...

So the heat is on - and will stay on for the week ahead. The volatile Stock earnings season continues, and as if that weren't enough, the economic calendar also holds several big potential market movers.Lots of economic reports are due for delivery this week, including Tuesday's look at the Fed's...

Shopping for a new mortgage online can turn into tons of phone calls and emails from mortgage brokers all over the country. It all starts by you filling out a form stating that up to 4 or 5 of the top mortgage professionals will be in contact with you to offer you a low rate mortgage. I am going ...

So what's coming around the bend for Bonds and home loan rates this week? The economic calendar will be slimmer than last week's, but will include a look at the housing market with Existing and New Home Sales being reported on Wednesday and Thursday. Stocks may also continue to drive the action i...

If you have an adjustable rate mortgage, otherwise known as an ARM, you have probably noticed more and more solicitations from mortgage brokers who want to help you get a fixed rate mortgage, especially when that rate is a month or so from adjusting. I'm going to go on a limb here and guess that ...

Once your loan package has been sent to the lender, there are a number of things you should avoid doing that will change your financial picture. Remember, the lender is looking for stability and consistency. If you want the best interest rate, keep that in mind. Here are a few things to consider...