Articles

First Trade Union Bank is offering a 3% APY 36-month CD. As rates continue to fall, anything at 3% or above is starting to look good.

Not everyone needs to pay points, or should they. At the same time paying points should not outright be thrown out the window either. One needs to crunch the numbers to come up with the right answer. Happy Investing

This is a very simple breakdown of what a reverse mortgage is. After reading this you should have a good idea if this is the right choice for you. Happy Reading Keith

Citibank is offering an 18-month CD that pays 2.25% APY. That's currently the best 18-month CD rate according to the BestCashCow rate tables.

Questions that you (or your Realtor) should ask your loan officer before you sign on the dotted line.

Advice to homeowners who are considering selling their homes in a strong buyers market.

Many a loan was killed by an appraisal, that could have been avoided by simple communication between borrower and lender. Here are some of the things I have run up against and hopefully this will be useful to you. Happy Reading Keith

The government's cash-for-clunkers program was suspended last night by the government as confusion reigns over how much has been spent and the process for dealers to submit rebate information.

HOPE NOW reports more homeowners completed workout solutions to stay in their homes in June. (Source: Brad Nwin, www.hopenow.org)

Weekly Mortgage Bankers Association application statistics indicates average 30-year fixed rate hovering around 5.36 percent.

This article explores options for homeowners who have gotten behind on their mortgages.

Corus Bankshares, the parent company of Corus Bank may be taken over by an investment consortium, with the financial support of the FDIC. Corus has long offered competitive CD rates and currently has rates that are at the top of the BestCashCow rate charts. The bank may be seized by the FDIC as soon as August 6.

A NAR article on existing home sales. Keep in mind, home sales usually go up during the spring and summer seasons, but the news is promising nevertheless. (Source Realtor.org)

Loan programs for home buyers who cannot provide traditional income documentation to obtain a mortgage.