For the last three weeks on the Mortgage Guys blog, we’ve been discussing shadow inventory and how it effects the housing market. Shadow inventory refers to the amount of unlisted bank-owned homes that are not yet on… Read more "Shadow Inventory: Part Three of Three"
Last week on our blog, we introduced the first of three blog posts examining a Wall Street Journal article that takes a deeper look into shadow inventory, and how it effects the housing market. We introduced shadow… Read more "Shadow Inventory: Part Two of Three"
In a recent article by The Wall Street Journal, called Shadow Inventory: It’s Not as Scary as It Looks, author Nick Timiraos stated that shadow inventory isn’t as scary as it sounds. What does this mean… Read more "Shadow Inventory: What is it and Should We Worry?"
According to an article via Mortgage News Daily posted yesterday, mortgage rates moved slightly lower yesterday, but the change was enough to officially hit new all-time lows. Now more than ever, first-time homebuyers have the opportunity… Read more "Mortgage Rates Are Down Even Further"
In the past few weeks, there have been some updates to the HARP Loan program, also known as the Home Affordable Refinance Program, which was instated in 2009 to help homeowners maintain their current mortgages. In order… Read more "HARP 2.0 Loan Updates"
In a recent post, we discussed the HARP Loan program and explained how those with a loan from Fannie Mae or Freddie Mac could qualify for the the program. New information has been issued on the… Read more "New HARP Loan Updates"