Bill Starrels

Bad News Is Good News

The employment report for the month of March released March 5, was as ugly as it gets. The consensus among ...

Economic Numbers Continue to Impress

The February employment numbers blew the doors off consensus numbers. In February, the economy produced 236,000 new non-farm payroll jobs.

Mortgage Standards Getting Tougher

There is one constant in the mortgage industry these days. It is not easy getting a mortgage. Well, folks, coming ...

2013: Good Year for Mortgages

The loan limits for single-family home mortgages were announced on Nov. 29. For the Washington metropolitan area, loan limits for ...

Interest Rates and the Fiscal Cliff

Mortgage interest rates during the presidential campaign season have remained in a relatively steady range. Rates have been hovering near ...

End of Summer Rates Remain Hot

The summer of 2012 was one of the hottest on record, and mortgage rates were almost as hot as the ...

Bad News Is Good News For Mortgage Interest Rates

Mortgage interest rates continue to hit new lows as the economy plods ahead slowly. Rates declined in reaction to disappointing ...

It Is a Great Time to Buy a Home

With mortgage interest rates bouncing off all-time lows and house prices near recessionary levels, this is a great time to ...

As Mortgage Rates Drift Lower, it’s Time to Buy

Mortgage rates are being driven by continued European debt crisis. With the recent elections in Greece and France, further uncertainty ...

Not Out of the Woods Yet

The economy is not out of the woods yet.  In order for the economy to stabilize further the housing market ...

Relief for FHA Customers is on the Way

In the Feb. 21st Georgetowner, the newspaper ran its mortgage with the headline, “It Is Time For Refinance Relief for ...

What’s Behind Today’s Underwriting Guidelines

One question frequently asked is why mortgage standards are so strict these days. The reason for the stringent underwriting standards ...

Let's Have Some Refinance Relief for FHA Mortgage Loan Holders

On April 18, 2011 the mortgage insurance premiums (MIP) were increased on all Federal Housing Administration mortgages.  The old monthly ...

Where Is Common Sense Underwriting?

2011 was quite the year in the mortgage industry. Underwriting standards got even tougher even for the most qualified consumers ...

Mortgages at Record Low

It has been an interesting summer in the mortgage industry. The following are highlights of where things are in the ...

Sat, 2 Aug 2014 04:37:04 -0400

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